REITMANS (CANADA) LTD (RET.CA) Stock Technical Analysis
TSX-V:RET - CA7594041062 - Common Stock
2.04 CAD
-0.01 (-0.49%)
Taking everything into account, RET scores 0 out of 10 in our technical rating. RET 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.
When comparing the yearly performance of all stocks, RET is a bad performer in the overall market: 92% of all stocks are doing better.
RET is one of the lesser performing stocks in the Specialty Retail industry. 87% of 17 stocks in the same industry do better.
RET 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.
Warning: RET has an average volume of 5694 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month RET has a been trading in the 1.96 - 2.12 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Although the technical rating is bad, RET 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 2.00, a Stop Loss order could be placed below this zone.
More info and screens
1.96
2.72
When analyzing the support we notice one important area.
- A support zone ranging from 1.98 to 2.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 2.04 to 2.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 2.12 to 2.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.67 to 2.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 RET.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RET.CA is down. |
| ChartMill Relative Strength | 8.8 | NEGATIVE | RET.CA has a low relative strength, it was outperformed by 91.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RET.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RET.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RET.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.4 | NEUTRAL | The RSI value for RET.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests RET.CA has a positive trend. |
| Stochastics (14,3) | 56.25 | NEUTRAL | The Stochastics value for RET.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.86 | LOW VOLATILITY | The low ATR as a percentage value for RET.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 14.49 | NEGATIVE | The low ADX value for RET.CA suggests a weak or negative 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 (8/29/2025, 7:00:00 PM)
2.04
-0.01 (-0.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-0.49%
1 Week1.49%
2 Weeks-2.86%
1 Month-0.49%
3 Month-23.88%
6 Month-20%
12 Month-20.31%
2 Year-41.71%
3 Year29.94%
5 Year655.56%
10 Year-64.52%
15 Year-87.89%
Volatility
ATR(14)0.04
ATR(20)%1.86%
ATR Inc-51.72%
Range Today0.02
ADR(20)0.02
ADR(20)%1.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.8
Mansfield-2.49
10 Day High2.12
10 Day Low1.96
20 Day High2.12
20 Day Low1.96
52 Week High2.94
52 Week Low1.91
CS1 End2
CR1 Start2.04
Volume & EV
DER(3)0%
DER(5)0%
Volume505
Volume Incr18.9%
Vol(5)5.50K
Vol(50)5.69K