RIDGESTONE MINING INC (RMI.CA) Technical Analysis
TSX-V:RMI • CA76611L2030
Current stock price
RMI.CA Technical Rating and Analysis
Taking everything into account, RMI scores 8 out of 10 in our technical rating. In the last year, RMI was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month RMI has a been trading in the 0.23 - 0.48 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Warning: RMI has an average volume of 18870 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- When comparing the yearly performance of all stocks, we notice that RMI is one of the better performing stocks in the market, outperforming 91% of all stocks. On top of that, RMI also shows a nice and consistent pattern of rising prices.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- RMI is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RMI is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
RMI.CA Weekly and Daily overview Charts
RMI.CA Setup Rating and Analysis
Although RMI has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
RMI.CA Support and Resistance Analysis
0.12
We found 2 important support areas.
- Support @0.14 from a trend line in the weekly time frame.
- Support @0.12 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @0.43 from a trend line in the daily time frame.
- A resistance zone ranging from 0.44 to 0.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
RMI.CA Technical Indicator Signal Analysis
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 RMI.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RMI.CA is down. |
| ChartMill Relative Strength | 91.25 | POSITIVE | RMI.CA has a high relative strength, it outperformed 91.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RMI.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of RMI.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RMI.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.85 | NEUTRAL | The RSI value for RMI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests RMI.CA has a negative trend. |
| Average True Range in percent/ATR (20) | 22.61 | HIGH VOLATILITY | The high ATR as a percentage value for RMI.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 27.49 | POSITIVE | The high ADX value value for RMI.CA suggests a strong trend. |
RMI.CA Chart- and CandleStick Pattern Analysis
RMI.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:RMI (4/2/2026, 7:00:00 PM)
0.23
-0.02 (-9.8%)
RIDGESTONE MINING INC / RMI.CA TA FAQ
What is the ChartMill technical rating of RIDGESTONE MINING INC (RMI.CA) stock?
ChartMill assigns a technical rating of 8 / 10 to RMI.CA.
What is the trend direction for RMI stock?
The current trend direction for RIDGESTONE MINING INC (RMI.CA) is Bullish.
What is the RSI signal for RIDGESTONE MINING INC (RMI.CA) stock?
RIDGESTONE MINING INC (RMI.CA) has an RSI value of 41.8548. This indicates that the stock is currently neutral.
What is the MACD signal for RMI stock?
The MACD indicator for RIDGESTONE MINING INC (RMI.CA) has a value of -0.0302134, indicating a bearish trend.
What is the buy/sell signal for RIDGESTONE MINING INC (RMI.CA) stock?
The buy/sell signal for RIDGESTONE MINING INC (RMI.CA) is hold as the short term and long term trends are mixed.