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 28672 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, RMD did better than 84% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
RMD is part of the Metals & Mining industry. There are 805 other stocks in this industry, RMD did better than 67% of them.
RMD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RMD is lagging the market.
In the last month RMD has a been trading in the 0.03 - 0.06 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although RMD has an excellent technical rating, the quality of the presented setup is not ideal 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
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 the daily time frame.
- 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 | NEUTRAL | NEUTRAL | The short term trend for RMD.CA is neutral. |
| ChartMill Relative Strength | 84.7 | POSITIVE | RMD.CA has a high relative strength, it outperformed 84.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RMD.CA is above the rising 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 | NEGATIVE | The MACD value suggests RMD.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 55.56 | NEUTRAL | The Stochastics value for RMD.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 14.5 | HIGH VOLATILITY | The high ATR as a percentage value for RMD.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 12.67 | 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)
TSX-V:RMD (7/17/2025, 7:00:00 PM)
0.05
+0.01 (+11.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg11.11%
1 Week11.11%
2 Weeks0%
1 Month66.67%
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)%14.5%
ATR Inc64.71%
Range Today0.01
ADR(20)0.01
ADR(20)%10.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.7
Mansfield2.99
10 Day High0.05
10 Day Low0.04
20 Day High0.06
20 Day Low0.03
52 Week High0.08
52 Week Low0.02
CS1 End0.04
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume29.00K
Volume Incr107.59%
Vol(5)64.56K
Vol(50)28.67K