TENAZ ENERGY CORP (TNZ.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:TNZ - CA88034V3048 - Common Stock
Overall TNZ gets a technical rating of 10 out of 10. Both in the recent history as in the last year, TNZ has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that TNZ is one of the better performing stocks in the market, outperforming 85% of all stocks. We also observe that the gains produced by TNZ over the past year are nicely spread over this period.
- TNZ is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 93% of 206 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 23.40 - 37.35 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days.
Although TNZ has an excellent technical rating, it does not present a decent entry opportunity 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
20.13
4 important support areas can be observed.
- A support zone ranging from 34.33 to 34.55. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @24.62 from a trend line in the daily time frame.
- A support zone ranging from 23.15 to 23.26. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @20.33 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 TNZ.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TNZ.CA is up. |
| ChartMill Relative Strength | 85.79 | POSITIVE | TNZ.CA has a high relative strength, it outperformed 85.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TNZ.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TNZ.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TNZ.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 81.33 | OVERBOUGHT | The high RSI value suggests TNZ.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.51 | POSITIVE | The MACD value suggests TNZ.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.02 | OVERBOUGHT | The high Stochastics value suggests TNZ.CA may be overbought. |
| Average True Range in percent/ATR (20) | 4.74 | MEDIUM VOLATILITY | The ATR as a percentage value for TNZ.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 46.16 | POSITIVE | The high ADX value value for TNZ.CA suggests a strong trend. |
TSX-V:TNZ (1/27/2026, 7:00:00 PM)
36.94
+1.6 (+4.53%)
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 10 / 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 81.3299. This indicates that the stock is currently overbought.
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 0.512482, 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 buy as both the short term and long term trends are positive.