RUSORO MINING LTD (RML.CA) Stock Technical Analysis
TSX-V:RML - TSX Venture Exchange - CA7822271028 - Common Stock - Currency: CAD
Taking everything into account, RML scores 0 out of 10 in our technical rating. RML scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
89% of all other stocks performed better in the past year than RML.
RML is part of the Metals & Mining industry. There are 802 other stocks in this industry, of which 78% are performing better than RML.
RML is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month RML has a been trading in the 0.56 - 0.72 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although the technical rating is bad, RML does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.70. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for RML in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.57
0.95
2 important support areas can be observed.
- A support zone ranging from 0.60 to 0.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.58 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 0.70 to 0.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.92 from a trend line in the daily time frame.
- Resistance @0.94 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.36
Mansfield-3.28
10 Day High0.69
10 Day Low0.58
20 Day High0.72
20 Day Low0.56
52 Week High1.54
52 Week Low0.55
Performance
1 Week15%
2 Weeks11.29%
1 Month-1.43%
3 Month-13.75%
6 Month-1.43%
12 Month-47.73%
2 Year331.25%
3 Year885.71%
5 Year1154.55%
10 Year1871.43%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)51.62
LBB0.55
UBB0.69
TSX-V:RML (5/8/2025, 7:00:00 PM)
0.69
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0%
1 Week15%
2 Weeks11.29%
1 Month-1.43%
3 Month-13.75%
6 Month-1.43%
12 Month-47.73%
2 Year331.25%
3 Year885.71%
5 Year1154.55%
10 Year1871.43%
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%7.17%
ATR Inc-1.28%
Range Today0.03
ADR(20)0.04
ADR(20)%5.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.36
Mansfield-3.28
10 Day High0.69
10 Day Low0.58
20 Day High0.72
20 Day Low0.56
52 Week High1.54
52 Week Low0.55
CS1 End0.6
CR1 Start0.7
Volume & EV
DER(3)24.9%
DER(5)16.75%
Volume10.51K
Volume Incr-86.57%
Vol(5)18.01K
Vol(50)180.05K