LIFEZONE METALS LTD (LZM) Stock Technical Analysis
USA - NYSE:LZM - IM00BLCY1J27 - Common Stock
5.41 USD
-0.35 (-6.08%)
5.41 USD
0 (0%)
Taking everything into account, LZM scores 5 out of 10 in our technical rating. LZM was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
61% of all other stocks performed better in the past year than LZM.
LZM is one of the lesser performing stocks in the Metals & Mining industry. 77% of 155 stocks in the same industry do better.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
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.
LZM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LZM is lagging the market.
In the last month LZM has a been trading in the 5.19 - 6.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
LZM has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
3.93
6.23
4 important support areas can be observed.
- Support @4.72 from a trend line in the daily time frame.
- Support @4.52 from a trend line in the daily time frame.
- Support @4.12 from a horizontal line in the daily time frame.
- Support @3.97 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 5.64 to 5.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.11 to 6.17. 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 LZM is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LZM is neutral. |
| ChartMill Relative Strength | 39.3 | NEUTRAL | LZM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LZM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LZM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of LZM is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.31 | NEUTRAL | The RSI value for LZM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests LZM has a negative trend. |
| Stochastics (14,3) | 37.12 | NEUTRAL | The Stochastics value for LZM is a neutral value. |
| Average True Range in percent/ATR (20) | 6.94 | HIGH VOLATILITY | The high ATR as a percentage value for LZM suggests high volalility. |
| Average Directional Index/ADX (14) | 27.79 | POSITIVE | The high ADX value value for LZM 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)
5.41
-0.35 (-6.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-6.08%
1 Week-9.68%
2 Weeks-4.92%
1 Month-1.1%
3 Month12.71%
6 Month48.22%
12 Month-11.46%
2 Year-41.13%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%6.94%
ATR Inc-26.62%
Range Today0.32
ADR(20)0.36
ADR(20)%6.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.3
Mansfield-0.43
10 Day High6.2
10 Day Low5.36
20 Day High6.2
20 Day Low5.19
52 Week High7.29
52 Week Low2.9
CS1 End4.72
CR1 Start5.64
Volume & EV
DER(3)-8.26%
DER(5)-4.44%
Volume319.63K
Volume Incr6.04%
Vol(5)223.43K
Vol(50)153.13K