QUARTZ MOUNTAIN RESOURCES LT (QZM.CA) Stock Technical Analysis
TSX-V:QZM - TSX Venture Exchange - CA74773L3011 - Common Stock - Currency: CAD
Overall QZM gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, QZM is showing a nice and steady performance.
Warning: QZM has an average volume of 28561 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, QZM did better than 93% of all other stocks. On top of that, QZM also shows a nice and consistent pattern of rising prices.
QZM is one of the better performing stocks in the Metals & Mining industry, it outperforms 83% of 802 stocks in the same industry.
QZM is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
QZM is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
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. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 0.78, a Stop Loss order could be placed below this zone.
More info and screens
0.44
0.82
When analyzing the support we can see 4 important areas.
- A support zone ranging from 0.76 to 0.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.74 from a horizontal line in the daily time frame.
- A support zone ranging from 0.67 to 0.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.44 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.81 to 0.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.09
Mansfield5.35
10 Day High0.8
10 Day Low0.75
20 Day High0.8
20 Day Low0.6
52 Week High0.8
52 Week Low0.34
Performance
1 Week-1.27%
2 Weeks-2.5%
1 Month25.81%
3 Month39.29%
6 Month105.26%
12 Month77.27%
2 Year212%
3 Year205.88%
5 Year345.71%
10 Year550%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)61.76
LBB0.75
UBB0.81
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 |
|---|---|---|---|
| 0.82 | 0.75 | 0.07 (8.54%) | 11.71% |
| An entry @0.82. This is a Buy Stop order right above the resistance zone. | An exit @0.75. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.07 points, which is 8.54%. | For a 1.00% total portfolio risk, you can invest 11.71% of your capital in this trade. |
- 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 (5/9/2025, 7:00:00 PM)
0.78
+0.01 (+1.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.3%
1 Week-1.27%
2 Weeks-2.5%
1 Month25.81%
3 Month39.29%
6 Month105.26%
12 Month77.27%
2 Year212%
3 Year205.88%
5 Year345.71%
10 Year550%
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%3.4%
ATR Inc-43.24%
Range Today0
ADR(20)0.03
ADR(20)%3.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.09
Mansfield5.35
10 Day High0.8
10 Day Low0.75
20 Day High0.8
20 Day Low0.6
52 Week High0.8
52 Week Low0.34
CS1 End0.78
CR1 Start0.81
Volume & EV
DER(3)-111.58%
DER(5)-109.41%
Volume2.84K
Volume Incr-67.35%
Vol(5)10.30K
Vol(50)28.56K