AMAZON HIGH INCOME SHARES (AMZH-U.CA) Stock Technical Analysis
TSX:AMZH-U - Toronto Stock Exchange - CA41752A2002 - ETF - Currency: USD
Taking everything into account, AMZH-U scores 4 out of 10 in our technical rating. AMZH-U has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
AMZH-U has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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10.69
When analyzing the support we can see 2 important areas.
- A support zone ranging from 12.27 to 12.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.80 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 12.71 to 12.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for AMZH-U.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMZH-U.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | AMZH-U.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AMZH-U.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AMZH-U.CA is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 55.1 | NEUTRAL | The RSI value for AMZH-U.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests AMZH-U.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.1 | OVERBOUGHT | The high Stochastics value suggests AMZH-U.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.06 | MEDIUM VOLATILITY | The ATR as a percentage value for AMZH-U.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 11.02 | NEGATIVE | The low ADX value for AMZH-U.CA suggests a weak or negative trend. |
TSX:AMZH-U (6/11/2025, 7:00:00 PM)
12.7
-0.09 (-0.7%)