RICHELIEU HARDWARE LTD (RCH.CA) Stock Technical Analysis
Canada - TSX:RCH - CA76329W1032 - Common Stock
Taking everything into account, RCH scores 7 out of 10 in our technical rating. Although RCH is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
RCH has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. 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
31.78
When analyzing the support we can see 4 important areas.
- A support zone ranging from 35.99 to 36.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @34.81 from a trend line in the weekly time frame.
- Support @34.24 from a horizontal line in the weekly time frame.
- Support @32.10 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- 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 | UP | POSITIVE | The long term trend for RCH.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RCH.CA is up. |
| ChartMill Relative Strength | 38.9 | 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) | 59.8 | NEUTRAL | The RSI value for RCH.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests RCH.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88 | OVERBOUGHT | The high Stochastics value suggests RCH.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.61 | MEDIUM VOLATILITY | The ATR as a percentage value for RCH.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 28.24 | POSITIVE | The high ADX value value for RCH.CA suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 38.98 | 37.08 | 1.90 (4.89%) | 20.46% |
| An entry @38.98. This is a Buy Stop order right above the 10 day high. | An exit @37.08. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.90 points, which is 4.89%. | For a 1.00% total portfolio risk, you can invest 20.46% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:RCH (11/4/2025, 7:00:00 PM)
38.05
-0.89 (-2.29%)
RICHELIEU HARDWARE LTD / RCH.CA FAQ
Can you provide the ChartMill technical rating for RICHELIEU HARDWARE LTD?
ChartMill assigns a technical rating of 7 / 10 to RCH.CA.
What is the trend direction for RCH stock?
The current trend direction for RICHELIEU HARDWARE LTD (RCH.CA) is Bullish.
Can you provide the RSI signal for RICHELIEU HARDWARE LTD?
RICHELIEU HARDWARE LTD (RCH.CA) has an RSI value of 59.8046. This indicates that the stock is currently neutral.
Can you provide the MACD signal for RICHELIEU HARDWARE LTD?
The MACD indicator for RICHELIEU HARDWARE LTD (RCH.CA) has a value of 0.121101, indicating a bearish trend.
What is the short term momentum for RCH stock?
The short term momentum for RICHELIEU HARDWARE LTD (RCH.CA) is positive.