NEW ZEALAND ENERGY CORP (NZ.CA) Stock Technical Analysis
TSX-V:NZ • CA6501583067
Taking everything into account, NZ scores 6 out of 10 in our technical rating. In the last year, NZ was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- 70% of all other stocks performed better in the past year than NZ.
- NZ is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 73% of 210 stocks in the same industry do better.
- NZ 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.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month NZ has a been trading in the 0.23 - 0.38 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
NZ has an average technical rating and it also does not offer a high 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
0.20
3 important support areas can be observed.
- Support @0.26 from a trend line in the daily time frame.
- Support @0.24 from a trend line in the daily time frame.
- Support @0.20 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @0.37 from a trend line 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 | NEUTRAL | NEUTRAL | The long term trend for NZ.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NZ.CA is up. |
| ChartMill Relative Strength | 30.59 | NEUTRAL | NZ.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NZ.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NZ.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NZ.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.73 | NEUTRAL | The RSI value for NZ.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NZ.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 53.33 | NEUTRAL | The Stochastics value for NZ.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.21 | HIGH VOLATILITY | The high ATR as a percentage value for NZ.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 27.33 | POSITIVE | The high ADX value value for NZ.CA suggests a strong trend. |
TSX-V:NZ (2/25/2026, 7:00:00 PM)
0.31
+0.01 (+3.33%)
NEW ZEALAND ENERGY CORP / NZ.CA FAQ
What is the technical rating for NZ stock?
ChartMill assigns a technical rating of 6 / 10 to NZ.CA.
What is the trend direction for NZ stock?
The current trend direction for NEW ZEALAND ENERGY CORP (NZ.CA) is Bearish.
What is the RSI signal for NEW ZEALAND ENERGY CORP (NZ.CA) stock?
NEW ZEALAND ENERGY CORP (NZ.CA) has an RSI value of 55.7294. This indicates that the stock is currently neutral.
What is the support and resistance level for NZ stock?
NEW ZEALAND ENERGY CORP (NZ.CA) has a support level at 0.26 and a resistance level at 0.37. Check the full technical report for our detailed analysis of NZ.CA support and resistance levels.