BLUE RIBBON INCOME FUND (RBN-UN.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:RBN-UN - CA0958191086
Overall RBN-UN gets a technical rating of 0 out of 10. RBN-UN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
RBN-UN has a poor technical rating and the quality of the setup is also not perfect 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
7.78
We found 1 important support area.
- A support zone ranging from 7.86 to 7.92. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 8.18 to 8.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 8.74 to 8.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for RBN-UN.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RBN-UN.CA is down. |
| ChartMill Relative Strength | 18.99 | NEGATIVE | RBN-UN.CA has a low relative strength, it was outperformed by 81.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RBN-UN.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RBN-UN.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of RBN-UN.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.85 | NEUTRAL | The RSI value for RBN-UN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests RBN-UN.CA has a positive trend. |
| Stochastics (14,3) | 47.94 | NEUTRAL | The Stochastics value for RBN-UN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.45 | LOW VOLATILITY | The low ATR as a percentage value for RBN-UN.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 15.58 | NEGATIVE | The low ADX value for RBN-UN.CA suggests a weak or negative trend. |
TSX:RBN-UN (12/4/2025, 7:00:00 PM)
8.16
+0.01 (+0.12%)
BLUE RIBBON INCOME FUND / RBN-UN.CA FAQ
What is the ChartMill technical rating of BLUE RIBBON INCOME FUND (RBN-UN.CA) stock?
ChartMill assigns a technical rating of 0 / 10 to RBN-UN.CA.
Can you provide the trend direction for BLUE RIBBON INCOME FUND?
The current trend direction for BLUE RIBBON INCOME FUND (RBN-UN.CA) is Bearish.
What is the RSI signal for BLUE RIBBON INCOME FUND (RBN-UN.CA) stock?
BLUE RIBBON INCOME FUND (RBN-UN.CA) has an RSI value of 44.8486. This indicates that the stock is currently neutral.
What is the MACD signal for RBN-UN stock?
The MACD indicator for BLUE RIBBON INCOME FUND (RBN-UN.CA) has a value of 0.00650609, indicating a bearish trend.
What are the support and resistance levels for BLUE RIBBON INCOME FUND (RBN-UN.CA) stock?
BLUE RIBBON INCOME FUND (RBN-UN.CA) has a support level at 7.92 and a resistance level at 8.18. Check the full technical report for our detailed analysis of RBN-UN.CA support and resistance levels.