AZIMUT EXPLORATION INC (AZM.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:AZM - CA3019501012 - Common Stock
We assign a technical rating of 8 out of 10 to AZM. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, AZM is only an average performer.
- AZM is part of the Metals & Mining industry. There are 817 other stocks in this industry, of which 71% are performing better than AZM.
- The long and short term trends are both positive. This is looking good!
- AZM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AZM is lagging the market slightly.
- In the last month AZM has a been trading in the 0.73 - 0.91 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- When comparing the performance of all stocks over the past year, AZM turns out to be only a medium performer in the overall market: it outperformed 59% of all stocks.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although AZM has an excellent technical rating, the quality of the presented setup is not ideal 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
0.46
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.75 to 0.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.72 from a trend line in the weekly time frame.
- Support @0.46 from a horizontal line in the weekly 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 AZM.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AZM.CA is up. |
| ChartMill Relative Strength | 59.23 | NEUTRAL | AZM.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AZM.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AZM.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AZM.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.58 | NEUTRAL | The RSI value for AZM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests AZM.CA has a positive trend. |
| Stochastics (14,3) | 75.6 | NEUTRAL | The Stochastics value for AZM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.94 | MEDIUM VOLATILITY | The ATR as a percentage value for AZM.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 23.97 | NEUTRAL | The ADX value for AZM.CA suggests a possible start of a new trend. |
TSX-V:AZM (1/16/2026, 7:00:00 PM)
0.86
-0.04 (-4.44%)
AZIMUT EXPLORATION INC / AZM.CA FAQ
Can you provide the ChartMill technical rating for AZIMUT EXPLORATION INC?
ChartMill assigns a technical rating of 8 / 10 to AZM.CA.
What is the current trend direction of AZIMUT EXPLORATION INC (AZM.CA) stock?
The current trend direction for AZIMUT EXPLORATION INC (AZM.CA) is Bullish.
What is the RSI signal for AZM stock?
AZIMUT EXPLORATION INC (AZM.CA) has an RSI value of 60.5778. This indicates that the stock is currently neutral.
What is the MACD signal for AZIMUT EXPLORATION INC (AZM.CA) stock?
The MACD indicator for AZIMUT EXPLORATION INC (AZM.CA) has a value of 0.00777867, indicating a bearish trend.
What is the short term momentum for AZM stock?
The short term momentum for AZIMUT EXPLORATION INC (AZM.CA) is positive.