LIFEZONE METALS LTD (LZM) Stock Technical Analysis
NYSE:LZM - New York Stock Exchange, Inc. - IM00BLCY1J27 - Common Stock - Currency: USD
Taking everything into account, LZM scores 5 out of 10 in our technical rating. 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: 72% of all stocks are doing better.
LZM is part of the Metals & Mining industry. There are 154 other stocks in this industry, of which 78% are performing better than LZM.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
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 high of this range.
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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
LZM has an average technical rating and the quality of the presented setup is also not ideal 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
3.11
7.91
When analyzing the support we can see 2 important areas.
- A support zone ranging from 4.12 to 4.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.14 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @4.92 from a horizontal line in the daily time frame.
- Resistance @7.83 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 | UP | POSITIVE | The short term trend for LZM is up. |
| ChartMill Relative Strength | 28.61 | NEGATIVE | LZM has a low relative strength, it was outperformed by 71.39% 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) | UP | POSITIVE | The current price of LZM is above 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) | 60.05 | NEUTRAL | The RSI value for LZM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests LZM has a positive trend. |
| Stochastics (14,3) | 90.25 | OVERBOUGHT | The high Stochastics value suggests LZM may be overbought. |
| Average True Range in percent/ATR (20) | 5.79 | HIGH VOLATILITY | The high ATR as a percentage value for LZM suggests high volalility. |
| Average Directional Index/ADX (14) | 19.18 | 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)
4.81
-0.09 (-1.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.84%
1 Week7.61%
2 Weeks9.07%
1 Month13.44%
3 Month31.78%
6 Month-24.13%
12 Month-34.56%
2 Year-59.82%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%5.79%
ATR Inc-35.18%
Range Today0.18
ADR(20)0.28
ADR(20)%5.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.61
Mansfield-1.92
10 Day High5
10 Day Low3.9
20 Day High5
20 Day Low3.9
52 Week High7.94
52 Week Low2.9
CS1 End4.33
CR1 Start4.92
Volume & EV
DER(3)-1.54%
DER(5)0.12%
Volume67.00K
Volume Incr-38.02%
Vol(5)111.36K
Vol(50)136.46K