NEW ZEALAND ENERGY CORP (NZ.CA) Technical Analysis
TSX-V:NZ • CA6501583067
Current stock price
NZ.CA Technical Rating and Analysis
Taking everything into account, NZ scores 8 out of 10 in our technical rating. Although NZ is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- In the last month NZ has a been trading in the 0.27 - 0.44 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, NZ outperforms 52% of them, which is more or less in line with the market.
- NZ is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 44% of 210 stocks in the same industry.
- NZ is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NZ is lagging the market slightly.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
NZ.CA Weekly and Daily overview Charts
NZ.CA Setup Rating and Analysis
Although NZ has an excellent technical rating, the quality of the presented setup is 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
NZ.CA Support and Resistance Analysis
0.26
We found 2 important support areas.
- Support @0.30 from a trend line in the daily time frame.
- Support @0.26 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @0.44 from a horizontal line in the daily time frame.
- Resistance @0.46 from a horizontal line in the weekly time frame.
NZ.CA Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for NZ.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NZ.CA is up. |
| ChartMill Relative Strength | 52.05 | 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 | MIXED | The current price of NZ.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 71.75 | OVERBOUGHT | The high RSI value suggests NZ.CA may be overbought. |
| 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) | 93.33 | OVERBOUGHT | The high Stochastics value suggests NZ.CA may be overbought. |
| Average True Range in percent/ATR (20) | 6.45 | HIGH VOLATILITY | The high ATR as a percentage value for NZ.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 24.36 | NEUTRAL | The ADX value for NZ.CA suggests a possible start of a new trend. |
NZ.CA Chart- and CandleStick Pattern Analysis
NZ.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:NZ (4/2/2026, 7:00:00 PM)
0.43
0 (0%)
NEW ZEALAND ENERGY CORP / NZ.CA TA FAQ
What is the technical rating for NZ stock?
ChartMill assigns a technical rating of 8 / 10 to NZ.CA.
What is the trend direction for NZ stock?
The current trend direction for NEW ZEALAND ENERGY CORP (NZ.CA) is Bullish.
What is the RSI signal for NZ stock?
NEW ZEALAND ENERGY CORP (NZ.CA) has an RSI value of 71.7547. This indicates that the stock is currently overbought.
Can you provide the short term momentum for NEW ZEALAND ENERGY CORP?
The short term momentum for NEW ZEALAND ENERGY CORP (NZ.CA) is positive.
What is the buy/sell signal for NEW ZEALAND ENERGY CORP (NZ.CA) stock?
The buy/sell signal for NEW ZEALAND ENERGY CORP (NZ.CA) is buy as both the short term and long term trends are positive.