VIZSLA SILVER CORP (VZLA) Technical Analysis
NYSEARCA:VZLA • CA92859G6085
We assign a technical rating of 5 out of 10 to VZLA. Although VZLA is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- VZLA is one of the lesser performing stocks in the Metals & Mining industry. 60% of 157 stocks in the same industry do better.
- When comparing the yearly performance of all stocks, we notice that VZLA is one of the better performing stocks in the market, outperforming 87% of all stocks. We also observe that the gains produced by VZLA over the past year are nicely spread over this period.
- VZLA has an average volume of 11810000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- VZLA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so VZLA is lagging the market.
- In the last month VZLA has a been trading in the 3.47 - 4.44 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, VZLA does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
3.68
When analyzing the support we can see 3 important areas.
- A support zone ranging from 3.99 to 4.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.83 from a horizontal line in the weekly time frame.
- Support @3.72 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.39 to 4.41. 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 VZLA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VZLA is down. |
| ChartMill Relative Strength | 87.62 | POSITIVE | VZLA has a high relative strength, it outperformed 87.62% 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) | DOWN | NEGATIVE | The current price of VZLA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of VZLA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.95 | NEUTRAL | The RSI value for VZLA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests VZLA has a positive trend. |
| Stochastics (14,3) | 51.98 | NEUTRAL | The Stochastics value for VZLA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.05 | HIGH VOLATILITY | The high ATR as a percentage value for VZLA suggests high volalility. |
| Average Directional Index/ADX (14) | 23.93 | NEUTRAL | The ADX value for VZLA suggests a possible start of a new trend. |
VZLA Technicals: Chart, Performance Metrics, Trend & Indicators
4.09
-0.05 (-1.21%)
VIZSLA SILVER CORP / VZLA FAQ
Can you provide the ChartMill technical rating for VIZSLA SILVER CORP?
ChartMill assigns a technical rating of 5 / 10 to VZLA.
Can you provide the trend direction for VIZSLA SILVER CORP?
The current trend direction for VIZSLA SILVER CORP (VZLA) is Bearish.
Can you provide the RSI signal for VIZSLA SILVER CORP?
VIZSLA SILVER CORP (VZLA) has an RSI value of 44.9536. This indicates that the stock is currently neutral.
What is the MACD signal for VZLA stock?
The MACD indicator for VIZSLA SILVER CORP (VZLA) has a value of 0.0688157, indicating a bearish trend.
Can you provide the support and resistance levels for VIZSLA SILVER CORP?
VIZSLA SILVER CORP (VZLA) has a support level at 4.02 and a resistance level at 4.39. Check the full technical report for our detailed analysis of VZLA support and resistance levels.