RECO INTERNATIONAL GROUP INC (RGI.CA) Stock Technical Analysis
TSX-V:RGI - CA75622R1001 - Common Stock
Overall RGI gets a technical rating of 0 out of 10. RGI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, RGI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.02. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.01, a Stop Loss order could be placed below this zone.
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0.01
When analyzing the support we notice one important area.
- A support zone ranging from 0.01 to 0.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.02 to 0.02. 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 | DOWN | NEGATIVE | The long term trend for RGI.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RGI.CA is down. |
| ChartMill Relative Strength | 20.07 | NEGATIVE | RGI.CA has a low relative strength, it was outperformed by 79.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RGI.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of RGI.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RGI.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.95 | NEUTRAL | The RSI value for RGI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests RGI.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25 | NEUTRAL | The Stochastics value for RGI.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 38.33 | HIGH VOLATILITY | The high ATR as a percentage value for RGI.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 9.45 | NEGATIVE | The low ADX value for RGI.CA suggests a weak or negative trend. |
TSX-V:RGI (8/13/2025, 7:00:00 PM)
0.015
0 (0%)