TSX:RIFI - CA78249T1030 - ETF
Overall RIFI gets a technical rating of 1 out of 10. RIFI 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, RIFI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 17.72. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 17.65, a Stop Loss order could be placed below this zone.
16.53
When analyzing the support we can see 2 important areas.
When analyzing the resistance we notice 2 important areas.
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 RIFI.CA is down. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RIFI.CA is up. |
ChartMill Relative Strength | 28.05 | NEGATIVE | RIFI.CA has a low relative strength, it was outperformed by 71.95% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of RIFI.CA is above a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of RIFI.CA is above a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RIFI.CA is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 51.59 | NEUTRAL | The RSI value for RIFI.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests RIFI.CA has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 99.1 | OVERBOUGHT | The high Stochastics value suggests RIFI.CA may be overbought. |
Average True Range in percent/ATR (20) | 10.38 | HIGH VOLATILITY | The high ATR as a percentage value for RIFI.CA suggests high volalility. |
Average Directional Index/ADX (14) | 9.6 | NEGATIVE | The low ADX value for RIFI.CA suggests a weak or negative trend. |
TSX:RIFI (9/2/2025, 7:00:00 PM)
17.69
-0.01 (-0.06%)