RUSORO MINING LTD (RML.CA) Stock Technical Analysis
Canada • TSX Venture Exchange • TSX-V:RML • CA7822271028
We assign a technical rating of 5 out of 10 to RML. In the past year, RML was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- RML is one of the lesser performing stocks in the Metals & Mining industry. 74% of 814 stocks in the same industry do better.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When compared to the yearly performance of all other stocks, RML outperforms 63% of them, which is more or less in line with the market.
- 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.
- In the last month RML has a been trading in the 1.01 - 1.33 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.
RML has an average technical rating and it also does not offer a high quality setup 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
0.87
4 important support areas can be observed.
- A support zone ranging from 1.10 to 1.11. 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 @0.93 from a trend line in the daily time frame.
- Support @0.88 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- 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 | NEUTRAL | NEUTRAL | The long term trend for RML.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RML.CA is neutral. |
| ChartMill Relative Strength | 63.2 | 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) | 41.98 | 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) | 19.91 | OVERSOLD | The low Stochastics value suggests RML.CA may be oversold. |
| Average True Range in percent/ATR (20) | 6.65 | HIGH VOLATILITY | The high ATR as a percentage value for RML.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.27 | NEUTRAL | The ADX value for RML.CA suggests a possible start of a new trend. |
TSX-V:RML (2/3/2026, 7:00:00 PM)
1.12
-0.04 (-3.45%)
RUSORO MINING LTD / RML.CA FAQ
What is the technical rating for RML stock?
ChartMill assigns a technical rating of 5 / 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 RML stock?
RUSORO MINING LTD (RML.CA) has an RSI value of 41.9804. 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 1.11 and a resistance level at 1.21. Check the full technical report for our detailed analysis of RML.CA support and resistance levels.