RIWI CORP (RIWI.CA) Stock Technical Analysis
TSX-V:RIWI - TSX Venture Exchange - CA7496011007 - Common Stock - Currency: CAD
Overall RIWI gets a technical rating of 0 out of 10. RIWI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, RIWI is a bad performer in the overall market: 92% of all stocks are doing better.
RIWI is one of the lesser performing stocks in the Professional Services industry. 66% of 10 stocks in the same industry do better.
RIWI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: RIWI has an average volume of 7578 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month RIWI has a been trading in the 0.45 - 0.56 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, RIWI does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.57. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for RIWI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.49
0.91
2 important support areas can be observed.
- A support zone ranging from 0.54 to 0.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.49 from a trend line in the weekly time frame.
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 0.57 to 0.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.60 to 0.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.62 from a trend line in the weekly time frame.
- Resistance @0.75 from a trend line in the daily time frame.
- Resistance @0.88 from a horizontal line in the daily time frame.
- Resistance @0.90 from a horizontal line in the weekly 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 RIWI.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RIWI.CA is down. |
| ChartMill Relative Strength | 8.14 | NEGATIVE | RIWI.CA has a low relative strength, it was outperformed by 91.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of RIWI.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RIWI.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of RIWI.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.7 | NEUTRAL | The RSI value for RIWI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests RIWI.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.94 | OVERBOUGHT | The high Stochastics value suggests RIWI.CA may be overbought. |
| Average True Range in percent/ATR (20) | 6.95 | HIGH VOLATILITY | The high ATR as a percentage value for RIWI.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.78 | NEGATIVE | The low ADX value for RIWI.CA suggests a weak or negative 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:RIWI (6/30/2025, 7:00:00 PM)
0.55
-0.01 (-1.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-1.79%
1 Week0%
2 Weeks17.02%
1 Month-1.79%
3 Month-21.43%
6 Month-21.43%
12 Month-32.93%
2 Year-1.79%
3 Year-31.25%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%6.95%
ATR Inc33.33%
Range Today0.08
ADR(20)0.02
ADR(20)%3.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.14
Mansfield-2.74
10 Day High0.56
10 Day Low0.45
20 Day High0.56
20 Day Low0.45
52 Week High1
52 Week Low0.45
CS1 End0.49
CR1 Start0.57
Volume & EV
DER(3)165%
DER(5)147.35%
Volume4.00K
Volume Incr-39.65%
Vol(5)4.10K
Vol(50)7.58K