RIDGELINE MINERALS CORP (RDG.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:RDG - CA7660871004 - Common Stock
Overall RDG gets a technical rating of 2 out of 10. RDG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- RDG is one of the lesser performing stocks in the Metals & Mining industry. 74% of 820 stocks in the same industry do better.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When compared to the yearly performance of all other stocks, RDG outperforms 61% of them, which is more or less in line with the market.
- RDG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RDG is lagging the market.
- In the last month RDG has a been trading in the 0.23 - 0.30 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 bad, RDG 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 0.23, a Stop Loss order could be placed below this zone.
More info and screens
0.17
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.23 to 0.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.18 from a trend line in the weekly time frame.
- Support @0.17 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 0.26 to 0.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.28 to 0.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.29 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for RDG.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RDG.CA is neutral. |
| ChartMill Relative Strength | 61.55 | NEUTRAL | RDG.CA is not amongst the best or worst performers 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 | POSITIVE | The current price of RDG.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.21 | 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) | 37.5 | NEUTRAL | The Stochastics value for RDG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.11 | HIGH VOLATILITY | The high ATR as a percentage value for RDG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 13.71 | NEGATIVE | The low ADX value for RDG.CA suggests a weak or negative trend. |
TSX-V:RDG (1/29/2026, 7:00:00 PM)
0.245
-0.01 (-3.92%)
RIDGELINE MINERALS CORP / RDG.CA FAQ
What is the ChartMill technical rating of RIDGELINE MINERALS CORP (RDG.CA) stock?
ChartMill assigns a technical rating of 2 / 10 to RDG.CA.
Can you provide the trend direction for RIDGELINE MINERALS CORP?
The current trend direction for RIDGELINE MINERALS CORP (RDG.CA) is Bearish.
What is the RSI signal for RDG stock?
RIDGELINE MINERALS CORP (RDG.CA) has an RSI value of 44.2095. This indicates that the stock is currently neutral.
What is the MACD signal for RIDGELINE MINERALS CORP (RDG.CA) stock?
The MACD indicator for RIDGELINE MINERALS CORP (RDG.CA) has a value of -0.00157641, indicating a bearish trend.
Can you provide the short term momentum for RIDGELINE MINERALS CORP?
The short term momentum for RIDGELINE MINERALS CORP (RDG.CA) is neutral.