RIDGELINE MINERALS CORP (RDG.CA) Stock Technical Analysis
TSX-V:RDG - TSX Venture Exchange - CA7660871004 - Common Stock - Currency: CAD
Overall RDG gets a technical rating of 0 out of 10. RDG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
81% of all other stocks performed better in the past year than RDG.
RDG is part of the Metals & Mining industry. There are 797 other stocks in this industry, of which 65% are performing better than RDG.
RDG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
RDG is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
RDG has a poor technical rating and the quality of the setup is also only medium 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
0.16
0.21
We found 1 important support area.
- Support @0.16 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @0.17 from a trend line in the daily time frame.
- A resistance zone ranging from 0.18 to 0.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.21 from a horizontal line in the daily 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 RDG.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RDG.CA is down. |
| ChartMill Relative Strength | 19.03 | NEGATIVE | RDG.CA has a low relative strength, it was outperformed by 80.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RDG.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RDG.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of RDG.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.46 | NEUTRAL | The RSI value for RDG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests RDG.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.93 | NEUTRAL | The Stochastics value for RDG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.18 | HIGH VOLATILITY | The high ATR as a percentage value for RDG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.4 | NEUTRAL | The ADX value for RDG.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-V:RDG (7/11/2025, 7:00:00 PM)
0.17
+0.01 (+3.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg3.03%
1 Week6.25%
2 Weeks-10.53%
1 Month-10.53%
3 Month-15%
6 Month13.33%
12 Month6.25%
2 Year-17.07%
3 Year-34.62%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%6.18%
ATR Inc-58.82%
Range Today0.01
ADR(20)0.01
ADR(20)%5.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.03
Mansfield-0.93
10 Day High0.19
10 Day Low0.16
20 Day High0.2
20 Day Low0.16
52 Week High0.27
52 Week Low0.13
CS1 End0.16
CR1 Start0.17
Volume & EV
DER(3)0%
DER(5)0%
Volume31.00K
Volume Incr-24.9%
Vol(5)194.73K
Vol(50)171.04K