AZIMUT EXPLORATION INC (AZM.CA) Stock Technical Analysis
Canada - TSX-V:AZM - CA3019501012 - Common Stock
Taking everything into account, AZM scores 6 out of 10 in our technical rating. AZM has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
Although the technical rating is only medium, AZM does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 0.77, a Stop Loss order could be placed below this zone. 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
We found 5 important support areas.
- A support zone ranging from 0.76 to 0.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.64 from a trend line in the weekly time frame.
- Support @0.60 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.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.78 to 0.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.86 to 0.86. This zone is formed by a combination of multiple trend lines 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 AZM.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AZM.CA is neutral. |
| ChartMill Relative Strength | 70.48 | POSITIVE | AZM.CA has a high relative strength, it outperformed 70.48% off all stocks 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) | 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) | 49.19 | 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. |
| Stochastics (14,3) | 21.57 | NEUTRAL | The Stochastics value for AZM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.73 | HIGH VOLATILITY | The high ATR as a percentage value for AZM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 16.23 | NEGATIVE | The low ADX value for AZM.CA suggests a weak or negative 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 |
|---|---|---|---|
| 0.81 | 0.75 | 0.06 (7.41%) | 13.50% |
| An entry @0.81. This is a Buy Stop order right above the resistance zone. | An exit @0.75. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.06 points, which is 7.41%. | For a 1.00% total portfolio risk, you can invest 13.50% of your capital in this trade. |
- 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 (10/30/2025, 7:00:00 PM)
0.78
0 (0%)
AZIMUT EXPLORATION INC / AZM.CA FAQ
Can you provide the ChartMill technical rating for AZIMUT EXPLORATION INC?
ChartMill assigns a technical rating of 6 / 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 Bullish.
What is the RSI signal for AZIMUT EXPLORATION INC (AZM.CA) stock?
AZIMUT EXPLORATION INC (AZM.CA) has an RSI value of 49.185. 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 0.77 and a resistance level at 0.78. Check the full technical report for our detailed analysis of AZM.CA support and resistance levels.