AZARGA URANIUM CORP (AZZ.CA) Stock Technical Analysis
TSX:AZZ - Toronto Stock Exchange - Common Stock
We assign a technical rating of 8 out of 10 to AZZ. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AZZ is showing a nice and steady performance.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, AZZ did better than 95% of all other stocks.
AZZ is part of the Oil, Gas & Consumable Fuels industry. There are 214 other stocks in this industry. AZZ outperforms 98% of them.
AZZ is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so AZZ is performing more or less in line with the market.
In the last month AZZ has a been trading in the 0.52 - 0.73 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.
Although AZZ has an excellent technical rating, it does not present a decent entry opportunity 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
0.36
0.72
2 important support areas can be observed.
- Support @0.58 from a trend line in the daily time frame.
- Support @0.36 from a trend 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 AZZ.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AZZ.CA is neutral. |
| ChartMill Relative Strength | 95.45 | POSITIVE | AZZ.CA has a high relative strength, it outperformed 95.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AZZ.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AZZ.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AZZ.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.41 | NEUTRAL | The RSI value for AZZ.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests AZZ.CA has a positive trend. |
| Stochastics (14,3) | 72.86 | NEUTRAL | The Stochastics value for AZZ.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.99 | HIGH VOLATILITY | The high ATR as a percentage value for AZZ.CA suggests high volalility. |
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:AZZ (1/5/2022, 7:00:00 PM)
0.71
+0.05 (+7.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg7.58%
1 Week5.97%
2 Weeks18.33%
1 Month26.79%
3 Month20.34%
6 Month153.57%
12 Month202.13%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%7.99%
ATR Inc58.87%
Range Today0.06
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.45
Mansfield6.08
10 Day High0.73
10 Day Low0.54
20 Day High0.73
20 Day Low0.52
52 Week High0.8
52 Week Low0.19
CS1 End0.58
CR1 StartN/A
Volume & EV
DER(3)5.6%
DER(5)-2.34%
Volume2.82M
Volume Incr123.19%
Vol(5)998.77K
Vol(50)603.44K