RICHMOND MINERALS INC (RMD.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:RMD - CA7651873076 - Common Stock
We assign a technical rating of 8 out of 10 to RMD. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, RMD is only an average performer.
- RMD is part of the Metals & Mining industry. There are 820 other stocks in this industry, of which 73% are performing better than RMD.
- Both the short term and long term trends are positive. This is a very positive sign.
- When compared to the yearly performance of all other stocks, RMD outperforms 65% of them, which is more or less in line with the market.
- 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 - 0.07 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 RMD has an excellent technical rating, it does not present a decent entry opportunity 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
When analyzing the support we notice one important area.
- 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 65.32 | NEUTRAL | RMD.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RMD.CA is below 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) | UP | POSITIVE | The current price of RMD.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.15 | 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) | 44.44 | NEUTRAL | The Stochastics value for RMD.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 18 | HIGH VOLATILITY | The high ATR as a percentage value for RMD.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 20.23 | NEUTRAL | The ADX value for RMD.CA suggests a possible start of a new trend. |
TSX-V:RMD (1/27/2026, 7:00:00 PM)
0.05
0 (0%)
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 8 / 10 to RMD.CA.
Can you provide the trend direction for RICHMOND MINERALS INC?
The current trend direction for RICHMOND MINERALS INC (RMD.CA) is Bullish.
What is the RSI signal for RMD stock?
RICHMOND MINERALS INC (RMD.CA) has an RSI value of 51.1486. This indicates that the stock is currently neutral.
What is the short term momentum for RMD stock?
The short term momentum for RICHMOND MINERALS INC (RMD.CA) is positive.
What are the support and resistance levels for RICHMOND MINERALS INC (RMD.CA) stock?
RICHMOND MINERALS INC (RMD.CA) has a support level at 0.02 and a resistance level at 0.06. Check the full technical report for our detailed analysis of RMD.CA support and resistance levels.