AMAZON HIGH INCOME SHARES (AMZH.CA) Stock Technical Analysis
TSX:AMZH - Toronto Stock Exchange - CA41752A1012 - ETF - Currency: CAD
We assign a technical rating of 4 out of 10 to AMZH. AMZH 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.
When comparing the yearly performance of all stocks, AMZH is a bad performer in the overall market: 100% of all stocks are doing better.
Warning: AMZH has an average volume of 5730 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
AMZH is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
AMZH 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.
More info and screens
12.21
13.52
2 important support areas can be observed.
- A support zone ranging from 12.59 to 12.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 12.33 to 12.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 12.98 to 13.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @13.39 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.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMZH.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | AMZH.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.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AMZH.CA is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 61.5 | NEUTRAL | The RSI value for AMZH.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests AMZH.CA has a positive trend. |
| Stochastics (14,3) | 77.12 | NEUTRAL | The Stochastics value for AMZH.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.63 | LOW VOLATILITY | The low ATR as a percentage value for AMZH.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 16.71 | NEGATIVE | The low ADX value for AMZH.CA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:AMZH (6/10/2025, 7:00:00 PM)
12.94
+0.14 (+1.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.09%
1 Week4.6%
2 Weeks5.11%
1 Month7.72%
3 Month-0.69%
6 Month-13.13%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%1.63%
ATR Inc31.8%
Range Today0.06
ADR(20)0.11
ADR(20)%0.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High12.97
10 Day Low12.4
20 Day High13.21
20 Day Low12.05
52 Week HighN/A
52 Week LowN/A
CS1 End12.63
CR1 Start12.98
Volume & EV
DER(3)-0.09%
DER(5)-0.05%
Volume6.75K
Volume Incr-85.72%
Vol(5)686.4
Vol(50)5.73K