AZIMUT EXPLORATION INC (AZM.CA) Stock Technical Analysis
TSX-V:AZM - TSX Venture Exchange - CA3019501012 - Common Stock - Currency: CAD
We assign a technical rating of 3 out of 10 to AZM. In the last year, AZM was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, AZM outperforms 59% of them, which is more or less in line with the market.
AZM is an average performer in the Metals & Mining industry, it outperforms 49% of 805 stocks in the same industry.
AZM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AZM is lagging the market.
In the last month AZM has a been trading in the 0.57 - 0.65 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
AZM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 0.59, a Stop Loss order could be placed below this zone.
More info and screens
0.46
0.73
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.59 to 0.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.57 from a horizontal line in the daily time frame.
- Support @0.46 from a horizontal line in the weekly time frame.
5 important resistance areas can be observed.
- Resistance @0.60 from a horizontal line in the daily time frame.
- A resistance zone ranging from 0.61 to 0.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.64 from a horizontal line in the daily time frame.
- A resistance zone ranging from 0.69 to 0.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.72 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 | NEUTRAL | NEUTRAL | The long term trend for AZM.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AZM.CA is neutral. |
| ChartMill Relative Strength | 59.2 | NEUTRAL | AZM.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AZM.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AZM.CA is below a declining 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) | 49.02 | NEUTRAL | The RSI value for AZM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests AZM.CA has a negative trend. |
| Stochastics (14,3) | 50 | NEUTRAL | The Stochastics value for AZM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.75 | MEDIUM VOLATILITY | The ATR as a percentage value for AZM.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 11.71 | NEGATIVE | The low ADX value for AZM.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-V:AZM (7/17/2025, 7:00:00 PM)
0.6
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0%
1 Week0%
2 Weeks0%
1 Month0%
3 Month17.65%
6 Month-15.49%
12 Month9.09%
2 Year-51.22%
3 Year-33.33%
5 Year-64.07%
10 Year242.86%
15 Year-13.04%
Volatility
ATR(14)0.03
ATR(20)%4.75%
ATR Inc0%
Range Today0.02
ADR(20)0.03
ADR(20)%4.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.2
Mansfield-0.37
10 Day High0.64
10 Day Low0.57
20 Day High0.65
20 Day Low0.57
52 Week High0.78
52 Week Low0.44
CS1 End0.59
CR1 Start0.6
Volume & EV
DER(3)0%
DER(5)0%
Volume52.50K
Volume Incr5.25%
Vol(5)66.23K
Vol(50)46.41K