NEW ZEALAND ENERGY CORP (NZ.CA) Stock Technical Analysis
TSX-V:NZ - TSX Venture Exchange - CA6501583067 - Common Stock - Currency: CAD
Taking everything into account, NZ scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. NZ was also a bad performer in the overall market in the last year.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, NZ is a bad performer in the overall market: 97% of all stocks are doing better.
NZ is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 86% of 208 stocks in the same industry do better.
NZ is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
Warning: NZ has an average volume of 26114 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month NZ has a been trading in the 0.19 - 0.31 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of NZ 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
0.20
0.32
When analyzing the support we notice one important area.
- Support @0.20 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.32 to 0.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 NZ.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NZ.CA is neutral. |
| ChartMill Relative Strength | 3.59 | NEGATIVE | NZ.CA has a low relative strength, it was outperformed by 96.41% off all stocks 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) | 56.44 | NEUTRAL | The RSI value for NZ.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests NZ.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 95.45 | OVERBOUGHT | The high Stochastics value suggests NZ.CA may be overbought. |
| Average True Range in percent/ATR (20) | 6.61 | HIGH VOLATILITY | The high ATR as a percentage value for NZ.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 31.22 | POSITIVE | The high ADX value value for NZ.CA suggests a strong 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)
TSX-V:NZ (8/13/2025, 7:00:00 PM)
0.295
-0.02 (-4.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-4.84%
1 Week18%
2 Weeks22.92%
1 Month3.51%
3 Month-15.71%
6 Month-70.79%
12 Month-63.12%
2 Year293.33%
3 Year145.83%
5 Year195%
10 Year-1.67%
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%6.61%
ATR Inc133.33%
Range Today0.03
ADR(20)0.01
ADR(20)%3.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.59
Mansfield-5.91
10 Day High0.31
10 Day Low0.24
20 Day High0.31
20 Day Low0.19
52 Week High1.33
52 Week Low0.19
CS1 End0.2
CR1 Start0.32
Volume & EV
DER(3)66.98%
DER(5)50.27%
Volume52.40K
Volume Incr0.2%
Vol(5)36.38K
Vol(50)26.11K