BLUE RIBBON INCOME FUND (RBN-UN.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:RBN-UN • CA0958191086
Taking everything into account, RBN-UN scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. RBN-UN was also a bad performer in the overall market in the last year.
- 70% of all other stocks performed better in the past year than RBN-UN.
- RBN-UN is part of the Capital Markets industry. There are 78 other stocks in this industry, of which 63% are performing better than RBN-UN.
- Warning: RBN-UN has an average volume of 3622 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- RBN-UN is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month RBN-UN has a been trading in a tight range between 8.25 and 8.51.
RBN-UN has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 8.34, a Stop Loss order could be placed below this zone.
More info and screens
7.93
2 important support areas can be observed.
- A support zone ranging from 8.21 to 8.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.01 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 8.35 to 8.36. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 8.54 to 8.54. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 8.74 to 8.76. 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 | NEUTRAL | NEUTRAL | The long term trend for RBN-UN.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RBN-UN.CA is up. |
| ChartMill Relative Strength | 30.57 | NEUTRAL | RBN-UN.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RBN-UN.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RBN-UN.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RBN-UN.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.34 | NEUTRAL | The RSI value for RBN-UN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests RBN-UN.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.18 | OVERSOLD | The low Stochastics value suggests RBN-UN.CA may be oversold. |
| Average True Range in percent/ATR (20) | 0.84 | LOW VOLATILITY | The low ATR as a percentage value for RBN-UN.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 20.15 | NEUTRAL | The ADX value for RBN-UN.CA suggests a possible start of a new trend. |
TSX:RBN-UN (2/6/2026, 7:00:00 PM)
8.34
+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 4 / 10 to RBN-UN.CA.
What is the trend direction for RBN-UN stock?
The current trend direction for BLUE RIBBON INCOME FUND (RBN-UN.CA) is Bearish.
What is the RSI signal for RBN-UN stock?
BLUE RIBBON INCOME FUND (RBN-UN.CA) has an RSI value of 52.3437. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BLUE RIBBON INCOME FUND?
The MACD indicator for BLUE RIBBON INCOME FUND (RBN-UN.CA) has a value of -0.00716744, indicating a bearish trend.