REITMANS (CANADA) LTD (RET.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:RET - CA7594041062 - Common Stock
We assign a technical rating of 5 out of 10 to RET. RET has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
Although the technical rating is only medium, RET does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 2.46. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.09, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for RET in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.96
When analyzing the support we can see 2 important areas.
- A support zone ranging from 2.05 to 2.09. This zone is formed by a combination of multiple trend lines in the daily time frame.
- 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.
2 important resistance areas can be observed.
- A resistance zone ranging from 2.46 to 2.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.60 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.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RET.CA is neutral. |
| ChartMill Relative Strength | 19.12 | NEGATIVE | RET.CA has a low relative strength, it was outperformed by 80.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RET.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RET.CA is above the rising 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) | 49.59 | NEUTRAL | The RSI value for RET.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests RET.CA has a negative trend. |
| Stochastics (14,3) | 15.28 | OVERSOLD | The low Stochastics value suggests RET.CA may be oversold. |
| Average True Range in percent/ATR (20) | 5.9 | HIGH VOLATILITY | The high ATR as a percentage value for RET.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 11.95 | NEGATIVE | The low ADX value for RET.CA suggests a weak or negative trend. |
TSX-V:RET (12/22/2025, 7:00:00 PM)
2.25
+0.1 (+4.65%)
REITMANS (CANADA) LTD / RET.CA FAQ
What is the technical rating for RET stock?
ChartMill assigns a technical rating of 5 / 10 to RET.CA.
What is the trend direction for RET stock?
The current trend direction for REITMANS (CANADA) LTD (RET.CA) is Bearish.
What is the RSI signal for RET stock?
REITMANS (CANADA) LTD (RET.CA) has an RSI value of 49.5852. This indicates that the stock is currently neutral.
What are the support and resistance levels for REITMANS (CANADA) LTD (RET.CA) stock?
REITMANS (CANADA) LTD (RET.CA) has a support level at 2.09 and a resistance level at 2.46. Check the full technical report for our detailed analysis of RET.CA support and resistance levels.