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Tenaz Energy Corp.

TNZ.TO Technical Analysis Summary (TSX)

Analyze TNZ.TO on the TSX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

TNZ.TO●TSX
EnergyOil & Gas Exploration & Production
$55.83
$2.53(4.34%)
Canadian Market opens in 35h 3m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

TNZ.TO Technical Analysis Summary (TSX)

Tenaz Energy Corp. (TSX: TNZ.TO) stock currently shows a bullish trend on the TSX, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 62.36)
Trend Strength:Moderate (ADX: 28.47)
Volatility:Medium (ATR: 2.32)
Support/Resistance:$41.63 – $58.20 (Bollinger Bands)

Technical conditions suggest Tenaz Energy Corp. on the TSX is awaiting a decisive move. This mix signals that Tenaz Energy Corp. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 62.36

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 88.48

Bearish
Overbought levels may trigger pullback.

Williams %R: -24.36

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 24.54

Strongly Bullish
Strong upside momentum.

Takeaway:Tenaz Energy Corp. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 1.60

Bullish
Bullish, trend momentum is strengthening.

ADX: 28.47

Moderate
Moderate trend, direction gaining strength.

ATR (14): 2.32

Medium
Medium volatility, healthy price movement.

CCI (14): 104.22

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Tenaz Energy Corp. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$58.20
Middle Band (SMA 20)
$49.91
Lower Band
$41.63
Current Position
Within Bands

Takeaway:Tenaz Energy Corp. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$56.61
Middle Line (EMA 20)
$51.96
Lower Channel
$47.31
Squeeze Status
No Squeeze

Takeaway:Tenaz Energy Corp. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume544.75K
Money Flow Index86.89Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index59.57Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:TNZ.TO shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Tenaz Energy Corp. (TSX: TNZ.TO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Tenaz Energy Corp. currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

(TSX: TNZ.TO) Technical Analysis FAQ