REITMANS (CANADA) LTD-A (RET-A.CA) Stock Technical Analysis
TSX-V:RET-A - TSX Venture Exchange - CA7594042052 - Common Stock - Currency: CAD
Taking everything into account, RET-A scores 3 out of 10 in our technical rating. In the past year, RET-A was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
70% of all other stocks performed better in the past year than RET-A.
RET-A is one of the lesser performing stocks in the Specialty Retail industry. 81% of 17 stocks in the same industry do better.
Warning: RET-A has an average volume of 29634 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
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.
In the last month RET-A has a been trading in the 1.80 - 2.31 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
RET-A is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RET-A is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of RET-A is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.92
2.64
When analyzing the support we notice one important area.
- Support @1.94 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 2.32 to 2.34. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @2.46 from a trend line in the weekly time frame.
- Resistance @2.61 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for RET-A.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RET-A.CA is up. |
| ChartMill Relative Strength | 30.63 | NEUTRAL | RET-A.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RET-A.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of RET-A.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RET-A.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 73.15 | OVERBOUGHT | The high RSI value suggests RET-A.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests RET-A.CA has a positive trend. |
| Stochastics (14,3) | 90.96 | OVERBOUGHT | The high Stochastics value suggests RET-A.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.69 | MEDIUM VOLATILITY | The ATR as a percentage value for RET-A.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 23.36 | NEUTRAL | The ADX value for RET-A.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:RET-A (5/22/2025, 7:00:00 PM)
2.27
+0.05 (+2.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg2.25%
1 Week10.19%
2 Weeks13.5%
1 Month18.85%
3 Month-1.3%
6 Month-11.67%
12 Month-7.35%
2 Year-26.06%
3 Year102.68%
5 Year202.67%
10 Year-68.43%
15 Year-85.63%
Volatility
ATR(14)0.07
ATR(20)%2.69%
ATR Inc64.71%
Range Today0.09
ADR(20)0.05
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
CRS30.63
Mansfield-0.66
10 Day High2.31
10 Day Low2.01
20 Day High2.31
20 Day Low1.8
52 Week High2.96
52 Week Low1.8
CS1 End1.94
CR1 Start2.32
Volume & EV
DER(3)23.84%
DER(5)16.71%
Volume18.13K
Volume Incr118.15%
Vol(5)63.42K
Vol(50)29.63K