RELIQ HEALTH TECHNOLOGIES IN (RHT.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:RHT - CA75955T1030 - Common Stock
Taking everything into account, RHT scores 0 out of 10 in our technical rating. RHT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of RHT is bad and it also does not present a quality setup 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
0.21
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 0.24 to 0.24. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.27 from a trend line in the weekly time frame.
- Resistance @0.28 from a trend line in the daily time frame.
- Resistance @0.40 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for RHT.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RHT.CA is down. |
| ChartMill Relative Strength | 5.25 | NEGATIVE | RHT.CA has a low relative strength, it was outperformed by 94.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RHT.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RHT.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RHT.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.18 | NEUTRAL | The RSI value for RHT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests RHT.CA has a positive trend. |
| Stochastics (14,3) | 31.37 | NEUTRAL | The Stochastics value for RHT.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.19 | HIGH VOLATILITY | The high ATR as a percentage value for RHT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 40.9 | POSITIVE | The high ADX value value for RHT.CA suggests a strong trend. |
TSX-V:RHT (1/16/2024, 7:00:00 PM)
0.215
0 (0%)
RELIQ HEALTH TECHNOLOGIES IN / RHT.CA FAQ
Can you provide the ChartMill technical rating for RELIQ HEALTH TECHNOLOGIES IN?
ChartMill assigns a technical rating of 0 / 10 to RHT.CA.
What is the current trend direction of RELIQ HEALTH TECHNOLOGIES IN (RHT.CA) stock?
The current trend direction for RELIQ HEALTH TECHNOLOGIES IN (RHT.CA) is Bearish.
What is the RSI signal for RELIQ HEALTH TECHNOLOGIES IN (RHT.CA) stock?
RELIQ HEALTH TECHNOLOGIES IN (RHT.CA) has an RSI value of 37.1789. This indicates that the stock is currently neutral.
Can you provide the MACD signal for RELIQ HEALTH TECHNOLOGIES IN?
The MACD indicator for RELIQ HEALTH TECHNOLOGIES IN (RHT.CA) has a value of 0.00167088, indicating a bearish trend.
Can you provide the buy/sell signal for RELIQ HEALTH TECHNOLOGIES IN?
The buy/sell signal for RELIQ HEALTH TECHNOLOGIES IN (RHT.CA) is sell as both the short term and long term trends are negative.