TRIDENT RESOURCES CORP (ROCK.CA) Stock Technical Analysis
Canada - TSX-V:ROCK - CA8959801009 - Common Stock
Overall ROCK gets a technical rating of 9 out of 10. Both in the recent history as in the last year, ROCK has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, ROCK also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 0.94, a Stop Loss order could be placed below this zone.
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0.68
When analyzing the support we can see 4 important areas.
- A support zone ranging from 0.92 to 0.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.74 from a trend line in the weekly time frame.
- Support @0.71 from a trend line in the daily time frame.
- Support @0.69 from a trend line in the weekly time frame.
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 ROCK.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ROCK.CA is neutral. |
| ChartMill Relative Strength | 98.13 | POSITIVE | ROCK.CA has a high relative strength, it outperformed 98.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ROCK.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ROCK.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ROCK.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.26 | NEUTRAL | The RSI value for ROCK.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ROCK.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.17 | NEUTRAL | The Stochastics value for ROCK.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.67 | MEDIUM VOLATILITY | The ATR as a percentage value for ROCK.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 27.81 | POSITIVE | The high ADX value value for ROCK.CA suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.01 | 0.91 | 0.10 (9.95%) | 10.05% |
| An entry @1.01. This is a Buy Stop order right above the 10 day moving average. | An exit @0.91. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.10 points, which is 9.95%. | For a 1.00% total portfolio risk, you can invest 10.05% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:ROCK (10/24/2025, 7:00:00 PM)
0.98
+0.03 (+2.62%)
TRIDENT RESOURCES CORP / ROCK.CA FAQ
What is the technical rating for ROCK stock?
ChartMill assigns a technical rating of 9 / 10 to ROCK.CA.
What is the trend direction for ROCK stock?
The current trend direction for TRIDENT RESOURCES CORP (ROCK.CA) is Bullish.
What is the RSI signal for TRIDENT RESOURCES CORP (ROCK.CA) stock?
TRIDENT RESOURCES CORP (ROCK.CA) has an RSI value of 53.2597. This indicates that the stock is currently neutral.
What is the MACD signal for TRIDENT RESOURCES CORP (ROCK.CA) stock?
The MACD indicator for TRIDENT RESOURCES CORP (ROCK.CA) has a value of -0.0114532, indicating a bearish trend.