AMAZON HIGH INCOME SHARES (AMZH-U.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:AMZH-U • CA41752A2002
We assign a technical rating of 7 out of 10 to AMZH-U. Although AMZH-U is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Warning: AMZH-U has an average volume of 4219 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- AMZH-U is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so AMZH-U slightly outperforms the market at the moment.
- When compared to the yearly performance of all other stocks, AMZH-U outperforms 49% of them, which is more or less in line with the market.
- In the last month AMZH-U has a been trading in the 12.63 - 13.77 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AMZH-U has an excellent technical rating, but the quality of the setup is only medium 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.
More info and screens
12.19
We found 3 important support areas.
- A support zone ranging from 12.92 to 13.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.58 from a horizontal line in the daily time frame.
- A support zone ranging from 12.31 to 12.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 13.40 to 13.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 13.82 to 13.83. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @14.51 from a horizontal line in the daily time frame.
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 | 49.3 | NEUTRAL | AMZH-U.CA is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of AMZH-U.CA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 54.88 | NEUTRAL | The RSI value for AMZH-U.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests AMZH-U.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.82 | OVERBOUGHT | The high Stochastics value suggests AMZH-U.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.64 | LOW VOLATILITY | The low ATR as a percentage value for AMZH-U.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 7.65 | NEGATIVE | The low ADX value for AMZH-U.CA suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 13.54 | 12.91 | 0.63 (4.65%) | 21.49% |
| An entry @13.54. This is a Buy Stop order right above the resistance zone. | An exit @12.91. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.63 points, which is 4.65%. | When investing 21.49% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:AMZH-U (2/2/2026, 7:00:00 PM)
13.28
-0.32 (-2.35%)
AMAZON HIGH INCOME SHARES / AMZH-U.CA FAQ
Can you provide the ChartMill technical rating for AMAZON HIGH INCOME SHARES?
ChartMill assigns a technical rating of 7 / 10 to AMZH-U.CA.
Can you provide the trend direction for AMAZON HIGH INCOME SHARES?
The current trend direction for AMAZON HIGH INCOME SHARES (AMZH-U.CA) is Bullish.
What is the RSI signal for AMZH-U stock?
AMAZON HIGH INCOME SHARES (AMZH-U.CA) has an RSI value of 54.8756. This indicates that the stock is currently neutral.
Can you provide the short term momentum for AMAZON HIGH INCOME SHARES?
The short term momentum for AMAZON HIGH INCOME SHARES (AMZH-U.CA) is positive.
Can you provide the buy/sell signal for AMAZON HIGH INCOME SHARES?
The buy/sell signal for AMAZON HIGH INCOME SHARES (AMZH-U.CA) is buy as both the short term and long term trends are positive.