LIFEZONE METALS LTD (LZM) Stock Technical Analysis
USA - NYSE:LZM - IM00BLCY1J27 - Common Stock
Taking everything into account, LZM scores 0 out of 10 in our technical rating. 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.
The technical rating of LZM 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
3.10
When analyzing the support we notice one important area.
- Support @3.13 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 3.85 to 3.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.39 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 | DOWN | NEGATIVE | The short term trend for LZM is down. |
| ChartMill Relative Strength | 10.45 | NEGATIVE | LZM has a low relative strength, it was outperformed by 89.55% off all stocks 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) | 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) | 27.19 | OVERSOLD | The low RSI value suggests LZM may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests LZM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.57 | OVERSOLD | The low Stochastics value suggests LZM may be oversold. |
| Average True Range in percent/ATR (20) | 7.96 | HIGH VOLATILITY | The high ATR as a percentage value for LZM suggests high volalility. |
| Average Directional Index/ADX (14) | 35.18 | POSITIVE | The high ADX value value for LZM suggests a strong trend. |
3.65
-0.13 (-3.44%)
LIFEZONE METALS LTD / LZM FAQ
What is the technical rating for LZM stock?
ChartMill assigns a technical rating of 0 / 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 27.1898. This indicates that the stock is currently oversold.
What is the MACD signal for LIFEZONE METALS LTD (LZM) stock?
The MACD indicator for LIFEZONE METALS LTD (LZM) has a value of -0.0336329, indicating a bearish trend.
What is the buy/sell signal for LIFEZONE METALS LTD (LZM) stock?
The buy/sell signal for LIFEZONE METALS LTD (LZM) is sell as both the short term and long term trends are negative.