VIZSLA SILVER CORP (VZLA) Stock Technical Analysis
NYSEARCA:VZLA - NYSE Arca - CA92859G6085 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to VZLA. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, VZLA is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, VZLA did better than 96% of all other stocks. We also observe that the gains produced by VZLA over the past year are nicely spread over this period.
VZLA is part of the Metals & Mining industry. There are 154 other stocks in this industry. VZLA outperforms 89% of them.
VZLA is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
VZLA is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
VZLA has an average volume of 3058050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
VZLA has an excellent technical rating, but the quality of the setup is only medium 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
1.67
3.58
We found 5 important support areas.
- A support zone ranging from 3.40 to 3.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @2.04 from a trend line in the weekly time frame.
- Support @1.90 from a horizontal line in the daily time frame.
- A support zone ranging from 1.73 to 1.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.69 from a horizontal 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 VZLA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VZLA is up. |
| ChartMill Relative Strength | 96.84 | POSITIVE | VZLA has a high relative strength, it outperformed 96.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VZLA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VZLA is above 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) | 71.45 | OVERBOUGHT | The high RSI value suggests VZLA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests VZLA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.65 | OVERBOUGHT | The high Stochastics value suggests VZLA may be overbought. |
| Average True Range in percent/ATR (20) | 4.71 | MEDIUM VOLATILITY | The ATR as a percentage value for VZLA suggests some volalility. |
| Average Directional Index/ADX (14) | 52.96 | POSITIVE | The high ADX value value for VZLA 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)
3.54
+0.07 (+2.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg2.02%
1 Week-2.21%
2 Weeks14.19%
1 Month45.08%
3 Month58.74%
6 Month100%
12 Month103.45%
2 Year190.16%
3 Year243.69%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%4.71%
ATR Inc-31.8%
Range Today0.14
ADR(20)0.15
ADR(20)%4.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.84
Mansfield5.87
10 Day High3.66
10 Day Low3.05
20 Day High3.66
20 Day Low2.29
52 Week High3.66
52 Week Low1.67
CS1 End3.44
CR1 StartN/A
Volume & EV
DER(3)7.03%
DER(5)3.27%
Volume3.39M
Volume Incr-20.78%
Vol(5)3.07M
Vol(50)3.06M