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TENAZ ENERGY CORP (TNZ.CA) Stock Technical Analysis

Canada - TSX Venture Exchange - TSX-V:TNZ - CA88034V3048 - Common Stock

28.03 CAD
+4.44 (+18.82%)
Last: 1/9/2026, 7:00:00 PM
Technical Rating and Analysis

5

Taking everything into account, TNZ scores 5 out of 10 in our technical rating. In the last year, TNZ was one of the better performers, but we do observe some doubts in the very recent evolution.

When comparing the yearly performance of all stocks, we notice that TNZ is one of the better performing stocks in the market, outperforming 76% of all stocks.
TNZ is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 87% of 214 stocks in the same industry.
TNZ is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month TNZ has a been trading in the 22.96 - 27.04 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
TENAZ ENERGY CORP / TNZ Weekly stock chart
TENAZ ENERGY CORP / TNZ Daily stock chart
Setup Rating and Analysis

2

TNZ has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

19.53

28.31

We found 4 important support areas.

  • A support zone ranging from 26.80 to 27.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @23.87 from a trend line in the daily time frame.
  • A support zone ranging from 22.73 to 23.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @19.73 from a trend line in the weekly time frame.

Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for TNZ.CA is up.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for TNZ.CA is down.
ChartMill Relative Strength76.34POSITIVETNZ.CA has a high relative strength, it outperformed 76.34% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of TNZ.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)DOWNMIXEDThe current price of TNZ.CA is above a declining SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of TNZ.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)47.47NEUTRALThe RSI value for TNZ.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.02NEGATIVEThe MACD value suggests TNZ.CA has a negative trend.
Stochastics (14,3)28.35NEUTRALThe Stochastics value for TNZ.CA is a neutral value.
Average True Range in percent/ATR (20)4.01MEDIUM VOLATILITYThe ATR as a percentage value for TNZ.CA suggests some volalility.
Average Directional Index/ADX (14)20.18NEUTRALThe ADX value for TNZ.CA suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
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)
TENAZ ENERGY CORP / TNZ Daily stock chart

TENAZ ENERGY CORP

TSX-V:TNZ (1/9/2026, 7:00:00 PM)

28.03

+4.44 (+18.82%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg18.82%
1 Week-8.64%
2 Weeks0.62%
1 Month4.13%
3 Month-4.83%
6 Month21.84%
12 Month74.68%
2 Year568.79%
3 Year1000.45%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.05
ATR(20)%4.01%
ATR Inc37.71%
Range Today3.56
ADR(20)0.94
ADR(20)%3.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.34
3 months CRS21.56
6 months CRS68
Mansfield1.57
10 Day High27.04
10 Day Low23.4
20 Day High27.04
20 Day Low22.96
52 Week High27.85
52 Week Low10.59
CS1 End23.87
CR1 Start26.8
Volume & EV
DER(3)-6%
DER(5)-6.33%
Volume296.72K
Volume Incr43.33%
Vol(5)129.74K
Vol(50)90.12K

TENAZ ENERGY CORP / TNZ.CA FAQ

What is the ChartMill technical rating of TENAZ ENERGY CORP (TNZ.CA) stock?

ChartMill assigns a technical rating of 5 / 10 to TNZ.CA.


Can you provide the trend direction for TENAZ ENERGY CORP?

The current trend direction for TENAZ ENERGY CORP (TNZ.CA) is Bullish.


What is the RSI signal for TNZ stock?

TENAZ ENERGY CORP (TNZ.CA) has an RSI value of 47.4677. This indicates that the stock is currently neutral.


What is the MACD signal for TENAZ ENERGY CORP (TNZ.CA) stock?

The MACD indicator for TENAZ ENERGY CORP (TNZ.CA) has a value of -0.0151428, indicating a bearish trend.


What is the buy/sell signal for TENAZ ENERGY CORP (TNZ.CA) stock?

The buy/sell signal for TENAZ ENERGY CORP (TNZ.CA) is hold as the short term and long term trends are mixed.