QUEENSLAND GOLD HILLS CORP (OZAU.CA) Technical Analysis
TSX-V:OZAU • CA74830U1049
Current stock price
OZAU.CA Technical Rating and Analysis
Taking everything into account, OZAU scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, OZAU is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- OZAU is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so OZAU is performing more or less in line with the market.
- Looking at the yearly performance, OZAU did better than 99% of all other stocks. However, this overall good ranking is mostly due to the recent strong 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.CA Weekly and Daily overview Charts
OZAU.CA Setup Rating and Analysis
Although OZAU has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Prices have been consolidating lately.
More info and screens
OZAU.CA Support and Resistance Analysis
0.29
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.
We can see 3 important resistance 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.
OZAU.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 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. |
OZAU.CA Chart- and CandleStick Pattern Analysis
OZAU.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:OZAU (1/19/2023, 7:00:00 PM)
0.4
0 (0%)
QUEENSLAND GOLD HILLS CORP / OZAU.CA TA FAQ
Can you provide the ChartMill technical rating for QUEENSLAND GOLD HILLS CORP?
ChartMill assigns a technical rating of 7 / 10 to OZAU.CA.
What is the current trend direction of QUEENSLAND GOLD HILLS CORP (OZAU.CA) stock?
The current trend direction for QUEENSLAND GOLD HILLS CORP (OZAU.CA) is Bullish.
Can you provide the RSI signal for QUEENSLAND GOLD HILLS CORP?
QUEENSLAND GOLD HILLS CORP (OZAU.CA) has an RSI value of 54.5388. This indicates that the stock is currently neutral.
What is the MACD signal for OZAU stock?
The MACD indicator for QUEENSLAND GOLD HILLS CORP (OZAU.CA) has a value of -0.0053119, indicating a bearish trend.
Can you provide the short term momentum for QUEENSLAND GOLD HILLS CORP?
The short term momentum for QUEENSLAND GOLD HILLS CORP (OZAU.CA) is positive.