The share price of the Canadian gold and silver explorer Aztec Minerals (TSX-V: AZT; WKN: A2DRF0) did not exceed the grey resistance line in the last five weeks, but was able to clearly hold above the ten-week green upward trend line. Accompanied by an increase in sales, the jump over the price cap and also over the CAD 0.4 mark was achieved yesterday.
Both average lines have been rising for some time and, fortunately, the 100 continues to be clearly above the 200.
With the jump in price, the MACD indicator also achieved a buy signal (blue line crosses red line upwards). The trend confirmation, which has been positive since the end of November (as it is above 100), turned upwards again after a short break. The Chaikin Money Flow is particularly noticeable: since September, it has been running almost exclusively in the green zone, indicating a capital inflow into the share – and since the end of the year it has also been rising more steeply again.
