RICHMOND MINERALS INC (RMD.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:RMD - CA7651873076 - Common Stock
We assign a technical rating of 0 out of 10 to RMD. RMD 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 RMD 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
0.02
We found 1 important support area.
- Support @0.02 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.04 to 0.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.05 to 0.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for RMD.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RMD.CA is down. |
| ChartMill Relative Strength | 6.89 | NEGATIVE | RMD.CA has a low relative strength, it was outperformed by 93.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RMD.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RMD.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RMD.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.15 | NEUTRAL | The RSI value for RMD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests RMD.CA has a negative trend. |
| Stochastics (14,3) | 25 | NEUTRAL | The Stochastics value for RMD.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 23.33 | HIGH VOLATILITY | The high ATR as a percentage value for RMD.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 21 | NEUTRAL | The ADX value for RMD.CA suggests a possible start of a new trend. |
TSX-V:RMD (11/21/2025, 7:00:00 PM)
0.03
-0.01 (-25%)
RICHMOND MINERALS INC / RMD.CA FAQ
What is the ChartMill technical rating of RICHMOND MINERALS INC (RMD.CA) stock?
ChartMill assigns a technical rating of 0 / 10 to RMD.CA.
What is the trend direction for RMD stock?
The current trend direction for RICHMOND MINERALS INC (RMD.CA) is Bearish.
What is the RSI signal for RMD stock?
RICHMOND MINERALS INC (RMD.CA) has an RSI value of 40.1453. This indicates that the stock is currently neutral.
What is the support and resistance level for RMD stock?
RICHMOND MINERALS INC (RMD.CA) has a support level at 0.02 and a resistance level at 0.04. Check the full technical report for our detailed analysis of RMD.CA support and resistance levels.