QUARTZ MOUNTAIN RESOURCES LT (QZM.CA) Stock Technical Analysis
TSX-V:QZM - TSX Venture Exchange - CA74773L3011 - Common Stock - Currency: CAD
We assign a technical rating of 4 out of 10 to QZM. QZM has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
Warning: QZM has an average volume of 18745 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
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.
Looking at the yearly performance, QZM did better than 77% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
QZM is an average performer in the Metals & Mining industry, it outperforms 58% of 805 stocks in the same industry.
In the last month QZM has a been trading in the 0.63 - 0.79 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, QZM does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 0.69, a Stop Loss order could be placed below this zone.
More info and screens
0.61
0.79
3 important support areas can be observed.
- A support zone ranging from 0.69 to 0.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.64 to 0.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.62 to 0.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 0.70 to 0.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.75 from a trend line in the daily time frame.
- A resistance zone ranging from 0.77 to 0.78. 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 | NEUTRAL | NEUTRAL | The short term trend for QZM.CA is neutral. |
| ChartMill Relative Strength | 77.76 | POSITIVE | QZM.CA has a high relative strength, it outperformed 77.76% 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 | POSITIVE | The current price of QZM.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.59 | NEUTRAL | The RSI value for QZM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests QZM.CA has a negative trend. |
| Stochastics (14,3) | 52.08 | NEUTRAL | The Stochastics value for QZM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.36 | HIGH VOLATILITY | The high ATR as a percentage value for QZM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 12.09 | NEGATIVE | The low ADX value for QZM.CA suggests a weak or negative 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:QZM (7/14/2025, 7:00:00 PM)
0.7
-0.01 (-1.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.41%
1 Week-1.41%
2 Weeks4.48%
1 Month-5.41%
3 Month-6.67%
6 Month59.09%
12 Month57.3%
2 Year211.11%
3 Year191.67%
5 Year191.67%
10 Year1650%
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%5.36%
ATR Inc-12.5%
Range Today0.03
ADR(20)0.03
ADR(20)%4.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.76
Mansfield1.75
10 Day High0.77
10 Day Low0.65
20 Day High0.79
20 Day Low0.63
52 Week High0.8
52 Week Low0.34
CS1 End0.69
CR1 Start0.7
Volume & EV
DER(3)0%
DER(5)0%
Volume6.85K
Volume Incr-28.22%
Vol(5)16.79K
Vol(50)18.75K