REUNION GOLD CORP (RGD.CA) Technical Analysis
TSX-V:RGD • CA76131P1062
Current stock price
RGD.CA Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to RGD. Both in the recent history as in the last year, RGD has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, RGD did better than 93% of all other stocks.
- RGD is part of the Metals & Mining industry. There are 804 other stocks in this industry. RGD outperforms 83% of them.
- RGD 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 RGD is leading the market.
- In the last month RGD has a been trading in the 0.63 - 0.76 range, which is quite wide. It is currently trading near the high of this range.
- RGD has an average volume of 1048710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Volume is considerably higher in the last couple of days.
RGD.CA Weekly and Daily overview Charts
RGD.CA Setup Rating and Analysis
Besides having an excellent technical rating, RGD 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. There is a support zone below the current price at 0.70, a Stop Loss order could be placed below this zone.
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RGD.CA Support and Resistance Analysis
0.40
5 important support areas can be observed.
- A support zone ranging from 0.68 to 0.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.65 to 0.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.61 from a horizontal line in the daily time frame.
- Support @0.46 from a trend line in the daily time frame.
- A support zone ranging from 0.40 to 0.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
RGD.CA Technical Indicator Signal Analysis
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 RGD.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RGD.CA is up. |
| ChartMill Relative Strength | 93.54 | POSITIVE | RGD.CA has a high relative strength, it outperformed 93.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RGD.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RGD.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RGD.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.36 | NEUTRAL | The RSI value for RGD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests RGD.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.76 | NEUTRAL | The Stochastics value for RGD.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.28 | MEDIUM VOLATILITY | The ATR as a percentage value for RGD.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 22.25 | NEUTRAL | The ADX value for RGD.CA suggests a possible start of a new trend. |
RGD.CA Chart- and CandleStick Pattern Analysis
RGD.CA Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.77 | 0.67 | 0.10 (12.99%) | 7.70% |
| An entry @0.77. This is a Buy Stop order right above the 10 day high. | An exit @0.67. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.10 points, which is 12.99%. | For a 1.00% total portfolio risk, you can invest 7.70% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
RGD.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:RGD (7/16/2024, 7:00:00 PM)
0.73
0 (0%)
REUNION GOLD CORP / RGD.CA TA FAQ
What is the ChartMill technical rating of REUNION GOLD CORP (RGD.CA) stock?
ChartMill assigns a technical rating of 10 / 10 to RGD.CA.
Can you provide the trend direction for REUNION GOLD CORP?
The current trend direction for REUNION GOLD CORP (RGD.CA) is Bullish.
What is the RSI signal for REUNION GOLD CORP (RGD.CA) stock?
REUNION GOLD CORP (RGD.CA) has an RSI value of 63.3609. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for REUNION GOLD CORP?
The buy/sell signal for REUNION GOLD CORP (RGD.CA) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for REUNION GOLD CORP?
REUNION GOLD CORP (RGD.CA) has a support level at 0.7. Check the full technical report for our detailed analysis of RGD.CA support and resistance levels.