VIZSLA SILVER CORP (VZLA) Stock Technical Analysis
USA - NYSEARCA:VZLA - CA92859G6085 - Common Stock
Overall VZLA gets a technical rating of 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Although VZLA has an excellent technical rating, the quality of the presented setup is not ideal 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.
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2.29
3 important support areas can be observed.
- A support zone ranging from 3.80 to 3.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.70 from a horizontal line in the daily time frame.
- Support @2.31 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.12 to 4.18. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for VZLA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VZLA is down. |
| ChartMill Relative Strength | 94.21 | POSITIVE | VZLA has a high relative strength, it outperformed 94.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VZLA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of VZLA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VZLA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.83 | NEUTRAL | The RSI value for VZLA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests VZLA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.02 | OVERSOLD | The low Stochastics value suggests VZLA may be oversold. |
| Average True Range in percent/ATR (20) | 6.33 | HIGH VOLATILITY | The high ATR as a percentage value for VZLA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.7 | NEUTRAL | The ADX value for VZLA suggests a possible start of a new 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 |
|---|---|---|---|
| 4.19 | 3.79 | 0.40 (9.55%) | 10.48% |
| An entry @4.19. This is a Buy Stop order right above the resistance zone. | An exit @3.79. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.40 points, which is 9.55%. | For a 1.00% total portfolio risk, you can invest 10.48% of your capital in this trade. |
- 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.
3.92
+0.1 (+2.62%)
VIZSLA SILVER CORP / VZLA FAQ
Can you provide the ChartMill technical rating for VIZSLA SILVER CORP?
ChartMill assigns a technical rating of 7 / 10 to VZLA.
What is the current trend direction of VIZSLA SILVER CORP (VZLA) stock?
The current trend direction for VIZSLA SILVER CORP (VZLA) is Bullish.
What is the RSI signal for VZLA stock?
VIZSLA SILVER CORP (VZLA) has an RSI value of 42.8294. This indicates that the stock is currently neutral.
Can you provide the short term momentum for VIZSLA SILVER CORP?
The short term momentum for VIZSLA SILVER CORP (VZLA) is negative.
What is the buy/sell signal for VIZSLA SILVER CORP (VZLA) stock?
The buy/sell signal for VIZSLA SILVER CORP (VZLA) is hold as the short term and long term trends are mixed.