RELEVIUM TECHNOLOGIES INC (RLV.CA) Stock Technical Analysis
TSX-V:RLV - TSX Venture Exchange - CA75942W1023 - Common Stock - Currency: CAD
We assign a technical rating of 3 out of 10 to RLV. In the past year, RLV was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, RLV is a bad performer in the overall market: 71% of all stocks are doing better.
RLV is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RLV is lagging the market.
In the last month RLV has a been trading in the 0.01 - 0.03 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, RLV does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 0.02, a Stop Loss order could be placed below this zone.
More info and screens
0.01
0.03
2 important support areas can be observed.
- A support 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.
- A support zone ranging from 0.01 to 0.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @0.02 from a trend line in the daily time frame.
- A resistance zone ranging from 0.03 to 0.03. This zone is formed by a combination of multiple trend lines 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 RLV.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RLV.CA is neutral. |
| ChartMill Relative Strength | 29.91 | NEGATIVE | RLV.CA has a low relative strength, it was outperformed by 70.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RLV.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RLV.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RLV.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.74 | NEUTRAL | The RSI value for RLV.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests RLV.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.56 | NEUTRAL | The Stochastics value for RLV.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 27.5 | HIGH VOLATILITY | The high ATR as a percentage value for RLV.CA suggests high volalility. |
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:RLV (1/7/2022, 7:00:00 PM)
0.02
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryPersonal Care Products
Performance
% Chg0%
1 Week33.33%
2 Weeks0%
1 Month33.33%
3 Month33.33%
6 Month0%
12 Month-42.86%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%27.5%
ATR Inc0%
Range Today0.01
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.91
Mansfield-2.37
10 Day High0.02
10 Day Low0.02
20 Day High0.03
20 Day Low0.01
52 Week High0.05
52 Week Low0.01
CS1 End0.02
CR1 Start0.02
Volume & EV
DER(3)0.94%
DER(5)-10%
Volume130.50K
Volume Incr-89.02%
Vol(5)115.72K
Vol(50)646.74K