QUARTZ MOUNTAIN RESOURCES LT (QZM.CA) Stock Technical Analysis
Canada - TSX-V:QZM - CA74773L3011 - Common Stock
Overall QZM gets a technical rating of 1 out of 10. QZM has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The technical rating of QZM 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
0.54
When analyzing the support we can see 3 important areas.
- Support @0.60 from a horizontal line in the weekly time frame.
- Support @0.59 from a horizontal line in the weekly time frame.
- Support @0.55 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.64 to 0.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.74 to 0.75. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for QZM.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for QZM.CA is down. |
| ChartMill Relative Strength | 71.19 | POSITIVE | QZM.CA has a high relative strength, it outperformed 71.19% 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) | DOWN | NEGATIVE | The current price of QZM.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of QZM.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.1 | NEUTRAL | The RSI value for QZM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests QZM.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.79 | OVERSOLD | The low Stochastics value suggests QZM.CA may be oversold. |
| Average True Range in percent/ATR (20) | 8.02 | HIGH VOLATILITY | The high ATR as a percentage value for QZM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 20 | NEUTRAL | The ADX value for QZM.CA suggests a possible start of a new trend. |
TSX-V:QZM (10/24/2025, 7:00:00 PM)
0.63
+0.01 (+1.61%)
QUARTZ MOUNTAIN RESOURCES LT / QZM.CA FAQ
What is the technical rating for QZM stock?
ChartMill assigns a technical rating of 1 / 10 to QZM.CA.
What is the trend direction for QZM stock?
The current trend direction for QUARTZ MOUNTAIN RESOURCES LT (QZM.CA) is Bearish.
What is the RSI signal for QUARTZ MOUNTAIN RESOURCES LT (QZM.CA) stock?
QUARTZ MOUNTAIN RESOURCES LT (QZM.CA) has an RSI value of 41.096. This indicates that the stock is currently neutral.
What is the short term momentum for QZM stock?
The short term momentum for QUARTZ MOUNTAIN RESOURCES LT (QZM.CA) is negative.