Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
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
$69.31
$2.94(4.07%)
Canadian Market is Open · 09:30

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:Neutral to Bullish (RSI: 57.59)
Trend Strength:Very Strong (ADX: 40.94)
Volatility:Medium (ATR: 2.63)
Support/Resistance:$58.49 – $77.07 (Bollinger Bands)

Technical conditions suggest Tenaz Energy Corp. on the TSX is awaiting a decisive move. Overall, Tenaz Energy Corp. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 57.59

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 58.01

Neutral
Mid-range signal with no clear trend.

Williams %R: -54.17

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 6.52

Strongly Bullish
Strong upside momentum.

Takeaway:Tenaz Energy Corp. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 3.63

Bullish
Bullish, trend momentum is strengthening.

ADX: 40.94

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 2.63

Medium
Medium volatility, healthy price movement.

CCI (14): -4.44

Neutral
Neutral, no strong directional signal.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$77.07
Middle Band (SMA 20)
$67.78
Lower Band
$58.49
Current Position
Within Bands

Takeaway:Tenaz Energy Corp. trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$73.23
Middle Line (EMA 20)
$67.97
Lower Channel
$62.71
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 Volume2.79M
Money Flow Index72.50Bullish, inflows support continued momentum.
Relative Vigor Index55.54Neutral 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.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Technical indicators for Tenaz Energy Corp. are mixed, suggesting a Hold or wait-and-see approach.

(TSX: TNZ.TO) Technical Analysis FAQ