AZIMUT EXPLORATION INC (AZM.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:AZM - CA3019501012 - Common Stock
Taking everything into account, AZM scores 3 out of 10 in our technical rating. 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.
Although the technical rating is bad, AZM does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 0.68, a Stop Loss order could be placed below this zone.
More info and screens
0.46
4 important support areas can be observed.
- A support zone ranging from 0.66 to 0.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.62 from a trend line in the daily time frame.
- Support @0.55 from a horizontal line in the daily time frame.
- Support @0.46 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.72 to 0.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.76 to 0.76. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.80 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 | 69.13 | 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) | 47.4 | NEUTRAL | The RSI value for AZM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests AZM.CA has a positive trend. |
| Stochastics (14,3) | 35.42 | NEUTRAL | The Stochastics value for AZM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.08 | HIGH VOLATILITY | The high ATR as a percentage value for AZM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 13.6 | NEGATIVE | The low ADX value for AZM.CA suggests a weak or negative trend. |
TSX-V:AZM (11/21/2025, 7:00:00 PM)
0.72
+0.01 (+1.41%)
AZIMUT EXPLORATION INC / AZM.CA FAQ
Can you provide the ChartMill technical rating for AZIMUT EXPLORATION INC?
ChartMill assigns a technical rating of 3 / 10 to AZM.CA.
Can you provide the trend direction for AZIMUT EXPLORATION INC?
The current trend direction for AZIMUT EXPLORATION INC (AZM.CA) is Bearish.
What is the RSI signal for AZIMUT EXPLORATION INC (AZM.CA) stock?
AZIMUT EXPLORATION INC (AZM.CA) has an RSI value of 47.3972. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for AZIMUT EXPLORATION INC?
AZIMUT EXPLORATION INC (AZM.CA) has a support level at 0.68 and a resistance level at 0.72. Check the full technical report for our detailed analysis of AZM.CA support and resistance levels.