RICHELIEU HARDWARE LTD (RCH.CA) Stock Technical Analysis
TSX:RCH - Toronto Stock Exchange - CA76329W1032 - Common Stock - Currency: CAD
We assign a technical rating of 3 out of 10 to RCH. Recently some decent action could be observed, but in the medium term time frame this is still negative. RCH was also a bad performer in the overall market in the last year.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, RCH is a bad performer in the overall market: 75% of all stocks are doing better.
RCH is part of the Trading Companies & Distributors industry. There are 13 other stocks in this industry, of which 83% are performing better than RCH.
RCH is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RCH is lagging the market.
In the last month RCH has a been trading in a tight range between 33.97 and 35.90.
RCH has a bad technical rating, but it does show 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
31.77
41.60
We found 1 important support area.
- 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 3 important areas.
- A resistance zone ranging from 34.47 to 36.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @39.17 from a trend line in the weekly time frame.
- Resistance @41.19 from a horizontal line 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 | DOWN | NEGATIVE | The long term trend for RCH.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RCH.CA is neutral. |
| ChartMill Relative Strength | 25.16 | NEGATIVE | RCH.CA has a low relative strength, it was outperformed by 74.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RCH.CA is below 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 | NEGATIVE | The current price of RCH.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.89 | NEUTRAL | The RSI value for RCH.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests RCH.CA has a negative trend. |
| Stochastics (14,3) | 22.63 | NEUTRAL | The Stochastics value for RCH.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.33 | MEDIUM VOLATILITY | The ATR as a percentage value for RCH.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 22.68 | 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 (6/18/2025, 7:00:00 PM)
34.25
+0.05 (+0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg0.15%
1 Week-3.98%
2 Weeks-0.7%
1 Month0.03%
3 Month2.09%
6 Month-10.36%
12 Month-10.15%
2 Year-18.26%
3 Year1.69%
5 Year18.59%
10 Year390.61%
15 Year1224.1%
Volatility
ATR(14)0.8
ATR(20)%2.33%
ATR Inc11.7%
Range Today0.5
ADR(20)0.79
ADR(20)%2.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.16
Mansfield-1.22
10 Day High35.9
10 Day Low34.06
20 Day High35.9
20 Day Low33.97
52 Week High43.2
52 Week Low31.81
CS1 End32.18
CR1 Start34.47
Volume & EV
DER(3)-2.26%
DER(5)2.05%
Volume61.10K
Volume Incr-21.35%
Vol(5)45.57K
Vol(50)62.48K