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. Both in the recent history as in the last year, ZNG has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that ZNG is one of the better performing stocks in the market, outperforming 98% of all stocks. On top of that, ZNG also shows a nice and consistent pattern of rising prices.
- ZNG is part of the Metals & Mining industry. There are 804 other stocks in this industry. ZNG outperforms 95% of them.
- ZNG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ZNG is performing more or less in line with the market.
- In the last month ZNG has a been trading in the 0.79 - 1.19 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ZNG.CA Weekly and Daily overview Charts
ZNG.CA Setup Rating and Analysis
Although ZNG 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.
More info and screens
ZNG.CA Support and Resistance Analysis
0.69
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.82 to 0.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.72 from a trend line in the daily time frame.
- Support @0.70 from a horizontal 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 | 98.06 | POSITIVE | ZNG.CA has a high relative strength, it outperformed 98.06% 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) | 55.8 | 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) | 56.41 | NEUTRAL | The Stochastics value for ZNG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 10.54 | HIGH VOLATILITY | The high ATR as a percentage value for ZNG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 24.13 | NEUTRAL | The ADX value for ZNG.CA suggests a possible start of a new trend. |
ZNG.CA Chart- and CandleStick Pattern Analysis
ZNG.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:ZNG (3/27/2026, 7:00:00 PM)
1.02
+0.03 (+3.03%)
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 ZNG stock?
GROUP ELEVEN RESOURCES CORP (ZNG.CA) has an RSI value of 55.8019. This indicates that the stock is currently neutral.
What is the short term momentum for GROUP ELEVEN RESOURCES CORP (ZNG.CA) stock?
The short term momentum for GROUP ELEVEN RESOURCES CORP (ZNG.CA) is positive.
What are the support and resistance levels for GROUP ELEVEN RESOURCES CORP (ZNG.CA) stock?
GROUP ELEVEN RESOURCES CORP (ZNG.CA) has a support level at 0.83. Check the full technical report for our detailed analysis of ZNG.CA support and resistance levels.