QUARTZ MOUNTAIN RESOURCES LT (QZM.CA) Stock Technical Analysis
TSX-V:QZM • CA74773L3011
We assign a technical rating of 7 out of 10 to QZM. In the last year, QZM was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
- The long and short term trends are both positive. This is looking good!
- QZM 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 QZM is lagging the market slightly.
- In the last month QZM has a been trading in the 0.80 - 0.97 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- When comparing the yearly performance of all stocks, we notice that QZM is one of the better performing stocks in the market, outperforming 82% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- QZM is an average performer in the Metals & Mining industry, it outperforms 53% of 812 stocks in the same industry.
QZM has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 0.84, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.51
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.83 to 0.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.52 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.87 to 0.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.91 from a horizontal line in the daily time frame.
- A resistance zone ranging from 0.94 to 0.94. 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 | UP | POSITIVE | The long term trend for QZM.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for QZM.CA is up. |
| ChartMill Relative Strength | 82.5 | POSITIVE | QZM.CA has a high relative strength, it outperformed 82.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of QZM.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of QZM.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of QZM.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.72 | NEUTRAL | The RSI value for QZM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests QZM.CA has a negative trend. |
| Stochastics (14,3) | 35.71 | NEUTRAL | The Stochastics value for QZM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.61 | HIGH VOLATILITY | The high ATR as a percentage value for QZM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 28.98 | POSITIVE | The high ADX value value for QZM.CA suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.89 | 0.82 | 0.07 (7.87%) | 12.71% |
| An entry @0.89. This is a Buy Stop order right above the resistance zone. | An exit @0.82. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.07 points, which is 7.87%. | When investing 12.71% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of QZM. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:QZM (2/12/2026, 7:00:00 PM)
0.87
-0.02 (-2.25%)
QUARTZ MOUNTAIN RESOURCES LT / QZM.CA FAQ
What is the technical rating for QZM stock?
ChartMill assigns a technical rating of 7 / 10 to QZM.CA.
Can you provide the trend direction for QUARTZ MOUNTAIN RESOURCES LT?
The current trend direction for QUARTZ MOUNTAIN RESOURCES LT (QZM.CA) is Bullish.
What is the RSI signal for QUARTZ MOUNTAIN RESOURCES LT (QZM.CA) stock?
QUARTZ MOUNTAIN RESOURCES LT (QZM.CA) has an RSI value of 51.7222. This indicates that the stock is currently neutral.
Can you provide the short term momentum for QUARTZ MOUNTAIN RESOURCES LT?
The short term momentum for QUARTZ MOUNTAIN RESOURCES LT (QZM.CA) is positive.
Can you provide the support and resistance levels for QUARTZ MOUNTAIN RESOURCES LT?
QUARTZ MOUNTAIN RESOURCES LT (QZM.CA) has a support level at 0.84 and a resistance level at 0.87. Check the full technical report for our detailed analysis of QZM.CA support and resistance levels.