RUSORO MINING LTD (RML.CA) Technical Analysis
TSX-V:RML • CA7822271028
Current stock price
RML.CA Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to RML. Although RML is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- RML is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Looking at the yearly performance, RML did better than 72% of all other stocks. However, we also see that RML couldn't keep up this performance in the last couple of months.
- RML is part of the Metals & Mining industry. There are 801 other stocks in this industry, RML did better than 47% of them.
- RML is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RML is lagging the market.
- Considerably lower volume is observed in the last couple of days.
RML.CA Weekly and Daily overview Charts
RML.CA Setup Rating and Analysis
RML has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.07. Right above this resistance zone may be a good entry point.
More info and screens
RML.CA Support and Resistance Analysis
0.92
We found 3 important support areas.
- Support @1.05 from a horizontal line in the daily time frame.
- A support zone ranging from 1.01 to 1.02. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @0.93 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 1.07 to 1.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.12 to 1.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.24 from a trend line in the weekly time frame.
- A resistance zone ranging from 1.29 to 1.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
RML.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 | DOWN | NEGATIVE | The long term trend for RML.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RML.CA is down. |
| ChartMill Relative Strength | 72.91 | POSITIVE | RML.CA has a high relative strength, it outperformed 72.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RML.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RML.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RML.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.24 | NEUTRAL | The RSI value for RML.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests RML.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.58 | NEUTRAL | The Stochastics value for RML.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.18 | MEDIUM VOLATILITY | The ATR as a percentage value for RML.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 17.21 | NEGATIVE | The low ADX value for RML.CA suggests a weak or negative trend. |
RML.CA Chart- and CandleStick Pattern Analysis
RML.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:RML (4/24/2026, 7:00:00 PM)
1.07
0 (0%)
RUSORO MINING LTD / RML.CA TA FAQ
What is the technical rating for RML stock?
ChartMill assigns a technical rating of 2 / 10 to RML.CA.
What is the trend direction for RML stock?
The current trend direction for RUSORO MINING LTD (RML.CA) is Bearish.
What is the RSI signal for RUSORO MINING LTD (RML.CA) stock?
RUSORO MINING LTD (RML.CA) has an RSI value of 39.241. This indicates that the stock is currently neutral.
What is the MACD signal for RML stock?
The MACD indicator for RUSORO MINING LTD (RML.CA) has a value of -0.00607193, indicating a bearish trend.
Can you provide the buy/sell signal for RUSORO MINING LTD?
The buy/sell signal for RUSORO MINING LTD (RML.CA) is sell as both the short term and long term trends are negative.