RUSORO MINING LTD (RML.CA) Stock Technical Analysis
Canada • TSX Venture Exchange • TSX-V:RML • CA7822271028
Taking everything into account, RML scores 6 out of 10 in our technical rating. RML has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- RML is part of the Metals & Mining industry. There are 814 other stocks in this industry, of which 71% are performing better than RML.
- 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.
- RML is currently trading in the upper part of its 52 week range, while the S&P500 Index is trading in the lower part of its yearly range. So RML is doing quite good in this market.
- In the last month RML has a been trading in the 0.96 - 1.33 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, RML outperforms 67% of them, which is more or less in line with the market.
RML has an average technical rating and it also does not offer a high quality setup 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
0.87
We found 4 important support areas.
- A support zone ranging from 1.15 to 1.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.98 from a trend line in the weekly time frame.
- Support @0.92 from a trend line in the daily time frame.
- Support @0.88 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @1.21 from a horizontal line in the daily time frame.
- A resistance zone ranging from 1.32 to 1.32. 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 RML.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RML.CA is neutral. |
| ChartMill Relative Strength | 67.11 | NEUTRAL | RML.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RML.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RML.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RML.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.15 | NEUTRAL | The RSI value for RML.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests RML.CA has a negative trend. |
| Stochastics (14,3) | 45.47 | NEUTRAL | The Stochastics value for RML.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.72 | HIGH VOLATILITY | The high ATR as a percentage value for RML.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.18 | NEUTRAL | The ADX value for RML.CA suggests a possible start of a new trend. |
TSX-V:RML (2/2/2026, 7:00:00 PM)
1.16
-0.04 (-3.33%)
RUSORO MINING LTD / RML.CA FAQ
What is the technical rating for RML stock?
ChartMill assigns a technical rating of 6 / 10 to RML.CA.
What is the trend direction for RML stock?
The current trend direction for RUSORO MINING LTD (RML.CA) is Bullish.
What is the RSI signal for RML stock?
RUSORO MINING LTD (RML.CA) has an RSI value of 46.1549. This indicates that the stock is currently neutral.
What is the short term momentum for RML stock?
The short term momentum for RUSORO MINING LTD (RML.CA) is neutral.
What is the support and resistance level for RML stock?
RUSORO MINING LTD (RML.CA) has a support level at 1.15 and a resistance level at 1.21. Check the full technical report for our detailed analysis of RML.CA support and resistance levels.