Technical Analysis for BZAMF - Bzam Ltd

Grade Last Price % Change Price Change
C 0.2330 -7.54% -0.0190
BZAMF closed down 1.02 percent on Friday, March 17, 2023, on 46 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The bears made the stock sink to a new 52-week low. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A N/A Down

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish -7.54%
Hammer Candlestick Bullish -7.54%
Hot IPO Pullback Bullish Swing Setup -7.54%
NR7 Range Contraction -7.54%
New 52 Week Low Weakness -7.54%
Down 3 Days in a Row Weakness -7.54%
Down 4 Days in a Row Weakness -7.54%
Down 5 Days in a Row Weakness -7.54%
New 52 Week Closing Low Bearish -8.48%
Hot IPO Pullback Bullish Swing Setup -8.48%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Gap Down Partially Closed about 1 hour ago
Down 5% about 2 hours ago
Down 3% about 2 hours ago
Gapped Down (Partial) about 2 hours ago
Down 1% about 2 hours ago

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Profile

BZAM Ltd. operates as a multi-licensed cannabis producer with a focus on branded consumer goods. Its brands include BZAM, TGOD, ness, Highly Dutch Organic, and TABLE TOP, as well as Dunn Cannabis, FRESH, and Wyld partner brands. The company operate facilities in British Columbia, Alberta, Ontario, and Quebec, as well as retail stores in Winnipeg, Manitoba and Regina, Saskatchewan. The company was formerly known as The Green Organic Dutchman Holdings Ltd. and changed its name to BZAM Ltd. in February 2023. The company was incorporated in 2016 and is headquartered in Vancouver, Canada.
Classification

Keywords: Economy Of Canada Retail Stores The Green Organic Dutchman

Is BZAMF a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 0.37
52 Week Low 0.232
Average Volume 47,712
200-Day Moving Average 0.0000
50-Day Moving Average 0.0000
20-Day Moving Average 0.0000
10-Day Moving Average 0.2894
Average True Range 0.0412
RSI 36.31
ADX 0.0
+DI 4.7569
-DI 22.0486
Chandelier Exit (Long, 3 ATRs) 0.2464
Chandelier Exit (Short, 3 ATRs) 0.3556
Upper Bollinger Bands 0.0000
Lower Bollinger Band 0.0000
Percent B (%b) 0.0
BandWidth 0.0000
MACD Line -0.0124
MACD Signal Line -0.0048
MACD Histogram -0.0076
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.2940
Resistance 3 (R3) 0.2920 0.2760 0.2870
Resistance 2 (R2) 0.2760 0.2653 0.2770 0.2847
Resistance 1 (R1) 0.2640 0.2587 0.2560 0.2660 0.2823
Pivot Point 0.2480 0.2480 0.2440 0.2490 0.2480
Support 1 (S1) 0.2360 0.2373 0.2280 0.2380 0.2217
Support 2 (S2) 0.2200 0.2307 0.2210 0.2193
Support 3 (S3) 0.2080 0.2200 0.2170
Support 4 (S4) 0.2100