RIFCO Inc (RFC.CA) Stock Technical Analysis
TSX-V:RFC - TSX Venture Exchange - Common Stock
Taking everything into account, RFC scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, RFC has proven to be a steady performer, scoring decent points in every aspect analyzed.
RFC is part of the Consumer Finance industry. There are 7 other stocks in this industry, of which 66% are performing better than RFC.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that RFC is one of the better performing stocks in the market, outperforming 77% of all stocks.
RFC is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so RFC is leading the market.
In the last month RFC has a been trading in the 1.24 - 1.32 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 RFC has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.69
1.32
When analyzing the support we can see 4 important areas.
- A support zone ranging from 1.26 to 1.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.23 to 1.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.08 from a horizontal line in the daily time frame.
- Support @0.70 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.27 to 1.31. 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 RFC.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RFC.CA is up. |
| ChartMill Relative Strength | 77.35 | POSITIVE | RFC.CA has a high relative strength, it outperformed 77.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RFC.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RFC.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RFC.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.73 | NEUTRAL | The RSI value for RFC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests RFC.CA has a negative trend. |
| Stochastics (14,3) | 70.83 | NEUTRAL | The Stochastics value for RFC.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.3 | LOW VOLATILITY | The low ATR as a percentage value for RFC.CA suggests low volalility. |
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:RFC (1/14/2022, 7:00:00 PM)
1.27
-0.03 (-2.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg-2.31%
1 Week0.79%
2 Weeks-0.78%
1 Month0.79%
3 Month11.4%
6 Month41.11%
12 Month23.3%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%1.3%
ATR Inc40%
Range Today0
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.35
Mansfield2.13
10 Day High1.32
10 Day Low1.26
20 Day High1.32
20 Day Low1.24
52 Week High1.32
52 Week Low0.66
CS1 End1.27
CR1 Start1.27
Volume & EV
DER(3)13.58%
DER(5)8.15%
Volume3.70K
Volume Incr40.7%
Vol(5)79.99K
Vol(50)65.76K