TENAZ ENERGY CORP (TNZ.CA) Stock Technical Analysis
TSX-V:TNZ - TSX Venture Exchange - CA88034V3048 - Common Stock - Currency: CAD
Overall TNZ 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, TNZ is showing a nice and steady performance.
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 99% 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 99% 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 is trading in the upper part of its 52 week range, but not near new highs, so TNZ is leading the market.
In the last month TNZ has a been trading in the 14.75 - 19.90 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although TNZ has an excellent technical rating, it does not offer a high quality setup 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
12.11
19.70
When analyzing the support we can see 3 important areas.
- A support zone ranging from 17.75 to 17.89. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @13.71 from a trend line in the weekly time frame.
- Support @12.23 from a trend line in the daily 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 | 99.13 | POSITIVE | TNZ.CA has a high relative strength, it outperformed 99.13% 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) | 75.5 | OVERBOUGHT | The high RSI value suggests TNZ.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests TNZ.CA has a positive trend. |
| Stochastics (14,3) | 91.17 | OVERBOUGHT | The high Stochastics value suggests TNZ.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.34 | MEDIUM VOLATILITY | The ATR as a percentage value for TNZ.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 48.4 | POSITIVE | The high ADX value value for TNZ.CA suggests a strong 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:TNZ (6/13/2025, 7:00:00 PM)
19.5
-0.01 (-0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.05%
1 Week6.09%
2 Weeks11.49%
1 Month31.58%
3 Month48.74%
6 Month37.03%
12 Month453.98%
2 Year558.78%
3 Year744.16%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.58
ATR(20)%3.34%
ATR Inc32.72%
Range Today0.9
ADR(20)0.64
ADR(20)%3.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.13
Mansfield6.24
10 Day High19.9
10 Day Low17.4
20 Day High19.9
20 Day Low14.75
52 Week High19.9
52 Week Low3.41
CS1 End17.89
CR1 StartN/A
Volume & EV
DER(3)3.67%
DER(5)6.04%
Volume83.38K
Volume Incr13.61%
Vol(5)67.04K
Vol(50)75.65K