RICHMOND MINERALS INC (RMD.CA) Stock Technical Analysis
TSX-V:RMD - TSX Venture Exchange - CA7651873076 - Common Stock - Currency: CAD
Overall RMD gets a technical rating of 8 out of 10. Both in the recent history as in the last year, RMD has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: RMD has an average volume of 28612 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
RMD is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so RMD is lagging the market slightly.
When comparing the yearly performance of all stocks, we notice that RMD is one of the better performing stocks in the market, outperforming 85% of all stocks. However, this relatively good performance is mostly due to a recent big move.
RMD is an average performer in the Metals & Mining industry, it outperforms 68% of 806 stocks in the same industry.
In the last month RMD has a been trading in the 0.04 - 0.06 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
RMD has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 0.04, a Stop Loss order could be placed below this zone.
More info and screens
0.02
0.05
When analyzing the support we can see 2 important areas.
- A support 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 support zone ranging from 0.02 to 0.02. 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 | UP | POSITIVE | The long term trend for RMD.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RMD.CA is up. |
| ChartMill Relative Strength | 85.34 | POSITIVE | RMD.CA has a high relative strength, it outperformed 85.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of RMD.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RMD.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of RMD.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.04 | NEUTRAL | The RSI value for RMD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests RMD.CA has a positive trend. |
| Stochastics (14,3) | 100 | OVERBOUGHT | The high Stochastics value suggests RMD.CA may be overbought. |
| Average True Range in percent/ATR (20) | 12.5 | HIGH VOLATILITY | The high ATR as a percentage value for RMD.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 12.95 | NEGATIVE | The low ADX value for RMD.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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.06 | 0.03 | 0.04 (58.33%) | 1.71% |
| An entry @0.06. This is a Buy Stop order right above the 10 day high. | An exit @0.03. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.04 points, which is 58.33%. | When investing 1.71% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:RMD (7/21/2025, 7:00:00 PM)
0.05
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0%
1 Week25%
2 Weeks25%
1 Month-9.09%
3 Month100%
6 Month66.67%
12 Month-16.67%
2 Year-50%
3 Year-77.78%
5 Year-83.33%
10 Year-90%
15 Year-75%
Volatility
ATR(14)0.01
ATR(20)%12.5%
ATR Inc-65%
Range Today0.01
ADR(20)0
ADR(20)%9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.34
Mansfield3.24
10 Day High0.05
10 Day Low0.04
20 Day High0.06
20 Day Low0.04
52 Week High0.06
52 Week Low0.02
CS1 End0.04
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume24.00K
Volume Incr-14.82%
Vol(5)29.84K
Vol(50)28.61K