REYNA GOLD CORP (REYG.CA) Stock Technical Analysis
Canada - TSX-V:REYG - CA76170R1047 - Common Stock
0.05 CAD
0 (0%)
Overall REYG gets a technical rating of 8 out of 10. REYG has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month REYG has a been trading in the 0.04 - 0.05 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.
When comparing the yearly performance of all stocks, we notice that REYG is one of the better performing stocks in the market, outperforming 83% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
REYG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so REYG is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Besides having an excellent technical rating, REYG also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
0.04
0.05
When analyzing the support we notice one important area.
- A support zone ranging from 0.04 to 0.04. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for REYG.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for REYG.CA is up. |
| ChartMill Relative Strength | 83.94 | POSITIVE | REYG.CA has a high relative strength, it outperformed 83.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of REYG.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of REYG.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of REYG.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.87 | NEUTRAL | The RSI value for REYG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests REYG.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.89 | OVERBOUGHT | The high Stochastics value suggests REYG.CA may be overbought. |
| Average True Range in percent/ATR (20) | 7 | HIGH VOLATILITY | The high ATR as a percentage value for REYG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 10.75 | NEGATIVE | The low ADX value for REYG.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:REYG (10/30/2024, 7:00:00 PM)
0.05
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week25%
2 Weeks25%
1 Month42.86%
3 Month66.67%
6 Month-16.67%
12 Month0%
2 Year-62.96%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0
ATR(20)%7%
ATR Inc-36.36%
Range Today0
ADR(20)0
ADR(20)%3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.94
Mansfield0.17
10 Day High0.05
10 Day Low0.04
20 Day High0.05
20 Day Low0.04
52 Week High0.07
52 Week Low0.03
CS1 End0.04
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume518.65K
Volume Incr199.94%
Vol(5)269.17K
Vol(50)112.62K