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CHATHAM ROCK PHOSPHATE LTD (NZP.CA) Stock Technical Analysis

TSX-V:NZP - TSX Venture Exchange - CA1621631094 - Common Stock - Currency: CAD

0.065  -0.01 (-18.75%)

Technical Rating and Analysis

0

Overall NZP gets a technical rating of 0 out of 10. NZP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, NZP is a bad performer in the overall market: 91% of all stocks are doing better.
NZP is part of the Chemicals industry. There are 32 other stocks in this industry, of which 70% are performing better than NZP.
NZP is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: NZP has an average volume of 22852 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month NZP has a been trading in the 0.04 - 0.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
CHATHAM ROCK PHOSPHATE LTD / NZP Weekly stock chart
CHATHAM ROCK PHOSPHATE LTD / NZP Daily stock chart
Setup Rating and Analysis

8

Although the technical rating is bad, NZP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.08. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.06, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NZP in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

0.06

0.10

When analyzing the support we notice one important area.

  • A support zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @0.10 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.86
Mansfield-3.68
10 Day High0.09
10 Day Low0.06
20 Day High0.1
20 Day Low0.04
52 Week High0.16
52 Week Low0.04
Performance
1 Week18.18%
2 Weeks-18.75%
1 Month-23.53%
3 Month-7.14%
6 Month-23.53%
12 Month-50%
2 Year-55.17%
3 Year-69.77%
5 Year-48%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)47.86
LBB0.05
UBB0.09
CHATHAM ROCK PHOSPHATE LTD / NZP Daily stock chart

CHATHAM ROCK PHOSPHATE LTD

TSX-V:NZP (2/18/2025, 7:00:00 PM)

0.065

-0.01 (-18.75%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-18.75%
1 Week18.18%
2 Weeks-18.75%
1 Month-23.53%
3 Month-7.14%
6 Month-23.53%
12 Month-50%
2 Year-55.17%
3 Year-69.77%
5 Year-48%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%29.62%
ATR Inc-9.26%
Range Today0
ADR(20)0
ADR(20)%6.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.86
Mansfield-3.68
10 Day High0.09
10 Day Low0.06
20 Day High0.1
20 Day Low0.04
52 Week High0.16
52 Week Low0.04
CS1 End0.06
CR1 Start0.08
Volume & EV
DER(3)0%
DER(5)13.71%
Volume1.10K
Volume Incr3.91%
Vol(5)27.02K
Vol(50)22.85K