QUARTZ MOUNTAIN RESOURCES LT (QZM.CA) Stock Technical Analysis
Canada • TSX Venture Exchange • TSX-V:QZM • CA74773L3011
Overall QZM gets a technical rating of 9 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.
- 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.
- Looking at the yearly performance, QZM did better than 83% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- QZM is part of the Metals & Mining industry. There are 814 other stocks in this industry, QZM did better than 54% of them.
- 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, so some resistance may be found above.
Besides having an excellent technical rating, QZM also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for QZM in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.51
When analyzing the support we can see 4 important areas.
- Support @0.90 from a trend line in the daily time frame.
- A support zone ranging from 0.87 to 0.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.82 from a horizontal line in the daily time frame.
- Support @0.52 from a trend line in the weekly 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 | 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 | 83.52 | POSITIVE | QZM.CA has a high relative strength, it outperformed 83.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of QZM.CA is above the rising 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) | 59.91 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 58.82 | NEUTRAL | The Stochastics value for QZM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.87 | HIGH VOLATILITY | The high ATR as a percentage value for QZM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 41.78 | 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 |
|---|---|---|---|
| 0.98 | 0.89 | 0.09 (9.18%) | 10.89% |
| An entry @0.98. This is a Buy Stop order right above the 10 day high. | An exit @0.89. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.09 points, which is 9.18%. | When investing 10.89% 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 (2/3/2026, 7:00:00 PM)
0.92
+0.02 (+2.22%)
QUARTZ MOUNTAIN RESOURCES LT / QZM.CA FAQ
What is the technical rating for QZM stock?
ChartMill assigns a technical rating of 9 / 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 59.9122. 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 0.9. Check the full technical report for our detailed analysis of QZM.CA support and resistance levels.