QUEENSLAND GOLD HILLS CORP (OZAU.CA) Stock Technical Analysis
TSX-V:OZAU - TSX Venture Exchange - CA74830U1049 - Common Stock - Currency: CAD
We assign a technical rating of 8 out of 10 to OZAU. Both in the recent history as in the last year, OZAU has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
OZAU is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so OZAU is lagging the market slightly.
Looking at the yearly performance, OZAU did better than 99% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month OZAU has a been trading in the 0.33 - 0.51 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.
OZAU has an excellent technical rating, but the quality of the setup is only medium at the moment. Prices have been consolidating lately.
More info and screens
0.29
0.46
We found 3 important support areas.
- Support @0.38 from a trend line in the daily time frame.
- A support zone ranging from 0.36 to 0.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.29 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.41 to 0.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.45 from a trend line in the daily time frame.
- Resistance @0.46 from a horizontal 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 | UP | POSITIVE | The long term trend for OZAU.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OZAU.CA is up. |
| ChartMill Relative Strength | 99.31 | POSITIVE | OZAU.CA has a high relative strength, it outperformed 99.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of OZAU.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OZAU.CA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 54.54 | NEUTRAL | The RSI value for OZAU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests OZAU.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.74 | NEUTRAL | The Stochastics value for OZAU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 11.31 | HIGH VOLATILITY | The high ATR as a percentage value for OZAU.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 25.31 | POSITIVE | The high ADX value value for OZAU.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:OZAU (1/19/2023, 7:00:00 PM)
0.4
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week5.26%
2 Weeks19.4%
1 Month-9.09%
3 Month400%
6 Month247.83%
12 Month25%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%11.31%
ATR Inc7.69%
Range Today0.06
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.31
Mansfield-8.97
10 Day High0.51
10 Day Low0.35
20 Day High0.51
20 Day Low0.33
52 Week High0.54
52 Week Low0.08
CS1 End0.38
CR1 Start0.41
Volume & EV
DER(3)-9.74%
DER(5)-19.67%
Volume205.35K
Volume Incr-48.3%
Vol(5)84.37K
Vol(50)262.13K