RICHELIEU HARDWARE LTD (RCH.CA) Stock Technical Analysis
TSX:RCH - CA76329W1032 - Common Stock
36.9 CAD
+0.5 (+1.37%)
We assign a technical rating of 5 out of 10 to RCH. In the last year, RCH was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, RCH is a bad performer in the overall market: 68% of all stocks are doing better.
RCH is part of the Trading Companies & Distributors industry. There are 12 other stocks in this industry, of which 81% are performing better than RCH.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
RCH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RCH is lagging the market.
In the last month RCH has a been trading in the 34.40 - 38.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, RCH does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 36.75, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
31.77
42.00
When analyzing the support we can see 4 important areas.
- A support zone ranging from 35.87 to 36.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 35.27 to 35.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @34.28 from a horizontal line in the daily time frame.
- A support zone ranging from 32.09 to 32.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 37.17 to 37.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 41.19 to 41.58. This zone is formed by a combination of multiple trend lines in the weekly time frame.
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 RCH.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RCH.CA is up. |
| ChartMill Relative Strength | 32.86 | NEUTRAL | RCH.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RCH.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RCH.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of RCH.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.62 | NEUTRAL | The RSI value for RCH.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests RCH.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 48.38 | NEUTRAL | The Stochastics value for RCH.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.08 | MEDIUM VOLATILITY | The ATR as a percentage value for RCH.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 24.65 | NEUTRAL | The ADX value for RCH.CA suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:RCH (9/5/2025, 7:00:00 PM)
36.9
+0.5 (+1.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg1.37%
1 Week0.22%
2 Weeks2.61%
1 Month6.83%
3 Month6.68%
6 Month3.25%
12 Month-1.91%
2 Year-7.24%
3 Year-3.73%
5 Year4.95%
10 Year398.8%
15 Year1086.07%
Volatility
ATR(14)0.73
ATR(20)%2.08%
ATR Inc-30.88%
Range Today0.62
ADR(20)0.76
ADR(20)%2.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.86
Mansfield-0.83
10 Day High38
10 Day Low35.01
20 Day High38
20 Day Low34.4
52 Week High43.2
52 Week Low31.81
CS1 End36.75
CR1 Start37.17
Volume & EV
DER(3)-4.26%
DER(5)1.81%
Volume49.83K
Volume Incr-11.44%
Vol(5)47.78K
Vol(50)60.78K