LIFEZONE METALS LTD (LZM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:LZM - IM00BLCY1J27 - Common Stock
We assign a technical rating of 1 out of 10 to LZM. LZM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
LZM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 3.88, a Stop Loss order could be placed below this zone.
More info and screens
3.60
We found 2 important support areas.
- A support zone ranging from 3.80 to 3.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.64 to 3.65. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 4.06 to 4.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.23 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 | DOWN | NEGATIVE | The long term trend for LZM is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LZM is neutral. |
| ChartMill Relative Strength | 10.79 | NEGATIVE | LZM has a low relative strength, it was outperformed by 89.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LZM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LZM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LZM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.68 | NEUTRAL | The RSI value for LZM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests LZM has a positive trend. |
| Stochastics (14,3) | 54.62 | NEUTRAL | The Stochastics value for LZM is a neutral value. |
| Average True Range in percent/ATR (20) | 5.56 | HIGH VOLATILITY | The high ATR as a percentage value for LZM suggests high volalility. |
| Average Directional Index/ADX (14) | 23.48 | NEUTRAL | The ADX value for LZM suggests a possible start of a new trend. |
4.05
-0.02 (-0.49%)
LIFEZONE METALS LTD / LZM FAQ
What is the technical rating for LZM stock?
ChartMill assigns a technical rating of 1 / 10 to LZM.
What is the current trend direction of LIFEZONE METALS LTD (LZM) stock?
The current trend direction for LIFEZONE METALS LTD (LZM) is Bearish.
What is the RSI signal for LIFEZONE METALS LTD (LZM) stock?
LIFEZONE METALS LTD (LZM) has an RSI value of 50.6766. This indicates that the stock is currently neutral.
What is the MACD signal for LIFEZONE METALS LTD (LZM) stock?
The MACD indicator for LIFEZONE METALS LTD (LZM) has a value of 0.0761804, indicating a bearish trend.