AZIMUT EXPLORATION INC (AZM.CA) Stock Technical Analysis
Canada • TSX Venture Exchange • TSX-V:AZM • CA3019501012
We assign a technical rating of 9 out of 10 to AZM. Both in the recent history as in the last year, AZM has proven to be a steady performer, scoring decent points in every aspect analyzed.
- AZM is part of the Metals & Mining industry. There are 812 other stocks in this industry, of which 61% are performing better than AZM.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, AZM did better than 76% of all other stocks. We also observe that the gains produced by AZM over the past year are nicely spread over this period.
- 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 0.77 - 1.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, AZM also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for AZM in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.46
6 important support areas can be observed.
- Support @0.87 from a horizontal line in the daily time frame.
- Support @0.82 from a trend line in the daily time frame.
- Support @0.79 from a trend line in the weekly time frame.
- Support @0.77 from a trend line in the daily time frame.
- Support @0.73 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 | NEUTRAL | NEUTRAL | The short term trend for AZM.CA is neutral. |
| ChartMill Relative Strength | 76.05 | POSITIVE | AZM.CA has a high relative strength, it outperformed 76.05% off all stocks 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) | 53.2 | NEUTRAL | The RSI value for AZM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests AZM.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.63 | NEUTRAL | The Stochastics value for AZM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.88 | HIGH VOLATILITY | The high ATR as a percentage value for AZM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 25.93 | POSITIVE | The high ADX value value for AZM.CA suggests a strong 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 |
|---|---|---|---|
| 0.97 | 0.86 | 0.11 (10.97%) | 9.11% |
| An entry @0.97. This is a Buy Stop order right above the 10 day moving average. | An exit @0.86. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.11 points, which is 10.97%. | When investing 9.11% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of AZM. Please evaluate whether better entry and exit points can be found.
- 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-V:AZM (2/6/2026, 7:00:00 PM)
0.94
+0.07 (+8.05%)
AZIMUT EXPLORATION INC / AZM.CA FAQ
Can you provide the ChartMill technical rating for AZIMUT EXPLORATION INC?
ChartMill assigns a technical rating of 9 / 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 53.1984. 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 -0.0118375, indicating a bearish trend.
What is the short term momentum for AZM stock?
The short term momentum for AZIMUT EXPLORATION INC (AZM.CA) is neutral.