HORIZONTE MINERALS PLC (HZM.CA) Stock Technical Analysis
TSX:HZM - Toronto Stock Exchange - GB00BMXLQJ47 - Common Stock - Currency: CAD
We assign a technical rating of 0 out of 10 to HZM. HZM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, HZM is a bad performer in the overall market: 100% of all stocks are doing better.
HZM is part of the Metals & Mining industry. There are 794 other stocks in this industry, of which 94% are performing better than HZM.
HZM is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month HZM has a been trading in the 0.01 - 0.01 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
The technical rating of HZM is bad and it also does not present a quality setup 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
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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 | DOWN | NEGATIVE | The long term trend for HZM.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HZM.CA is down. |
| ChartMill Relative Strength | 0.03 | NEGATIVE | HZM.CA has a low relative strength, it was outperformed by 99.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HZM.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HZM.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HZM.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.36 | NEUTRAL | The RSI value for HZM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests HZM.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for HZM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 35 | HIGH VOLATILITY | The high ATR as a percentage value for HZM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 45.64 | POSITIVE | The high ADX value value for HZM.CA suggests a strong 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:HZM (5/15/2024, 7:00:00 PM)
0.005
0 (-50%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-50%
1 Week0%
2 Weeks0%
1 Month-50%
3 Month-96.43%
6 Month-96.97%
12 Month-99.79%
2 Year-99.78%
3 Year-99.8%
5 Year-99.37%
10 Year-99.77%
15 YearN/A
Volatility
ATR(14)0
ATR(20)%35%
ATR Inc40%
Range Today0
ADR(20)0
ADR(20)%15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.03
Mansfield-9.96
10 Day High0.01
10 Day Low0.01
20 Day High0.01
20 Day Low0.01
52 Week High2.88
52 Week Low0.01
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume4.00K
Volume Incr-62.78%
Vol(5)162.51K
Vol(50)263.31K