GROUP ELEVEN RESOURCES CORP (ZNG.CA) Technical Analysis
TSX-V:ZNG • CA39944P1018
Current stock price
ZNG.CA Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to ZNG. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ZNG 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, ZNG did better than 98% of all other stocks. We also observe that the gains produced by ZNG over the past year are nicely spread over this period.
- ZNG is part of the Metals & Mining industry. There are 803 other stocks in this industry. ZNG outperforms 97% of them.
- ZNG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ZNG is lagging the market slightly.
- In the last month ZNG has a been trading in the 1.01 - 1.27 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
ZNG.CA Weekly and Daily overview Charts
ZNG.CA Setup Rating and Analysis
ZNG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
ZNG.CA Support and Resistance Analysis
0.93
3 important support areas can be observed.
- Support @1.08 from a horizontal line in the daily time frame.
- Support @0.98 from a trend line in the daily time frame.
- Support @0.94 from a trend line in the daily time frame.
ZNG.CA Technical Indicator Signal Analysis
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 ZNG.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZNG.CA is up. |
| ChartMill Relative Strength | 98.66 | POSITIVE | ZNG.CA has a high relative strength, it outperformed 98.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZNG.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZNG.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZNG.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.88 | NEUTRAL | The RSI value for ZNG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ZNG.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 37.04 | NEUTRAL | The Stochastics value for ZNG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.69 | HIGH VOLATILITY | The high ATR as a percentage value for ZNG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 26.03 | POSITIVE | The high ADX value value for ZNG.CA suggests a strong trend. |
ZNG.CA Chart- and CandleStick Pattern Analysis
ZNG.CA Example Setup
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 |
|---|---|---|---|
| 1.25 | 1.07 | 0.18 (14.40%) | 6.94% |
| An entry @1.25. This is a Buy Stop order right above the 10 day high. | An exit @1.07. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.18 points, which is 14.40%. | When investing 6.94% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
ZNG.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:ZNG (5/1/2026, 7:00:00 PM)
1.17
+0.04 (+3.54%)
GROUP ELEVEN RESOURCES CORP / ZNG.CA TA FAQ
Can you provide the ChartMill technical rating for GROUP ELEVEN RESOURCES CORP?
ChartMill assigns a technical rating of 10 / 10 to ZNG.CA.
Can you provide the trend direction for GROUP ELEVEN RESOURCES CORP?
The current trend direction for GROUP ELEVEN RESOURCES CORP (ZNG.CA) is Bullish.
What is the RSI signal for GROUP ELEVEN RESOURCES CORP (ZNG.CA) stock?
GROUP ELEVEN RESOURCES CORP (ZNG.CA) has an RSI value of 55.8762. This indicates that the stock is currently neutral.
Can you provide the MACD signal for GROUP ELEVEN RESOURCES CORP?
The MACD indicator for GROUP ELEVEN RESOURCES CORP (ZNG.CA) has a value of -0.00706467, indicating a bearish trend.
Can you provide the buy/sell signal for GROUP ELEVEN RESOURCES CORP?
The buy/sell signal for GROUP ELEVEN RESOURCES CORP (ZNG.CA) is buy as both the short term and long term trends are positive.