RELIQ HEALTH TECHNOLOGIES IN (RHT.CA) Stock Technical Analysis
TSX-V:RHT - TSX Venture Exchange - CA75955T1030 - Common Stock - Currency: CAD
We assign a technical rating of 0 out of 10 to RHT. 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
95% of all other stocks performed better in the past year than RHT.
RHT is one of the lesser performing stocks in the Health Care Technology industry. 100% of 8 stocks in the same industry do better.
RHT is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so RHT is lagging the market.
In the last month RHT has a been trading in the 0.20 - 0.32 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days.
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
0.40
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. |
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:RHT (1/16/2024, 7:00:00 PM)
0.215
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg0%
1 Week0%
2 Weeks-4.44%
1 Month-27.12%
3 Month-41.1%
6 Month-62.28%
12 Month-60.91%
2 Year-79.13%
3 Year-49.41%
5 Year-40.28%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%9.19%
ATR Inc18.87%
Range Today0.02
ADR(20)0.02
ADR(20)%8.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.25
Mansfield-5.75
10 Day High0.25
10 Day Low0.2
20 Day High0.32
20 Day Low0.2
52 Week High0.66
52 Week Low0.2
CS1 EndN/A
CR1 Start0.24
Volume & EV
DER(3)-16.87%
DER(5)-7.25%
Volume439.23K
Volume Incr-1.44%
Vol(5)463.02K
Vol(50)320.91K