LIFEZONE METALS LTD (LZM) Stock Technical Analysis
NYSE:LZM - New York Stock Exchange, Inc. - IM00BLCY1J27 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to LZM. In the past year, LZM was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, LZM is a bad performer in the overall market: 70% of all stocks are doing better.
LZM is one of the lesser performing stocks in the Metals & Mining industry. 80% of 157 stocks in the same industry do better.
LZM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month LZM has a been trading in the 3.90 - 5.00 range, which is quite wide. It is currently trading near the lows of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
LZM has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 4.75. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for LZM in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
3.11
7.86
When analyzing the support we can see 3 important areas.
- Support @4.18 from a horizontal line in the weekly time frame.
- A support zone ranging from 3.97 to 4.06. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @3.14 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 4.75 to 4.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.78 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 | NEUTRAL | NEUTRAL | The long term trend for LZM is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LZM is neutral. |
| ChartMill Relative Strength | 30.34 | NEUTRAL | LZM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of LZM is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of LZM is below the rising 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 | NEUTRAL | The RSI value for LZM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests LZM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.8 | OVERSOLD | The low Stochastics value suggests LZM may be oversold. |
| Average True Range in percent/ATR (20) | 6.75 | HIGH VOLATILITY | The high ATR as a percentage value for LZM suggests high volalility. |
| Average Directional Index/ADX (14) | 18.26 | NEGATIVE | The low ADX value for LZM suggests a weak or negative 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)
4.32
+0.3 (+7.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg7.46%
1 Week3.1%
2 Weeks-10%
1 Month0.7%
3 Month27.81%
6 Month-29.3%
12 Month-30.55%
2 Year-69.79%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%6.75%
ATR Inc-6.23%
Range Today0.33
ADR(20)0.29
ADR(20)%6.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.34
Mansfield-2.61
10 Day High4.89
10 Day Low3.9
20 Day High5
20 Day Low3.9
52 Week High7.29
52 Week Low2.9
CS1 End4.18
CR1 Start4.75
Volume & EV
DER(3)3.18%
DER(5)-0.72%
Volume117.20K
Volume Incr-11.2%
Vol(5)103.62K
Vol(50)138.16K