TRANSAT A.T. INC (TRZ.CA) Stock Technical Analysis
TSX:TRZ - Toronto Stock Exchange - CA89351T4019 - Common Stock - Currency: CAD
We assign a technical rating of 4 out of 10 to TRZ. Recently some decent action could be observed, but in the medium term time frame this is still negative. TRZ was also a bad performer in the overall market in the last year.
Although the technical rating is only medium, TRZ does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 1.71. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.69, a Stop Loss order could be placed below this zone.
More info and screens
1.48
We found 3 important support areas.
- A support zone ranging from 1.68 to 1.69. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 1.55 to 1.55. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 1.49 to 1.51. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.71 to 1.72. 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 | DOWN | NEGATIVE | The long term trend for TRZ.CA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TRZ.CA is up. |
| ChartMill Relative Strength | 13.99 | NEGATIVE | TRZ.CA has a low relative strength, it was outperformed by 86.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TRZ.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TRZ.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TRZ.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.31 | NEUTRAL | The RSI value for TRZ.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TRZ.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.26 | NEUTRAL | The Stochastics value for TRZ.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.56 | MEDIUM VOLATILITY | The ATR as a percentage value for TRZ.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 52.7 | POSITIVE | The high ADX value value for TRZ.CA suggests a strong trend. |
TSX:TRZ (5/23/2025, 7:00:00 PM)
1.7
+0.03 (+1.8%)