NORTHSTAR CLEAN TECHNOLOGIES (ROOF.CA) Stock Technical Analysis
TSX-V:ROOF - TSX Venture Exchange - CA66706T1049 - Common Stock - Currency: CAD
Overall ROOF gets a technical rating of 4 out of 10. ROOF has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that ROOF is one of the better performing stocks in the market, outperforming 78% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
ROOF is part of the Commercial Services & Supplies industry. There are 24 other stocks in this industry, ROOF did better than 69% of them.
ROOF is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ROOF is lagging the market slightly.
In the last month ROOF has a been trading in the 0.34 - 0.38 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ROOF 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
0.26
0.37
5 important support areas can be observed.
- A support zone ranging from 0.35 to 0.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.34 to 0.34. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.33 from a trend line in the daily time frame.
- A support zone ranging from 0.32 to 0.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.26 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @0.37 from a horizontal line in the daily 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 ROOF.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ROOF.CA is neutral. |
| ChartMill Relative Strength | 78.32 | POSITIVE | ROOF.CA has a high relative strength, it outperformed 78.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ROOF.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ROOF.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ROOF.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.35 | NEUTRAL | The RSI value for ROOF.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ROOF.CA has a positive trend. |
| Stochastics (14,3) | 58.33 | NEUTRAL | The Stochastics value for ROOF.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.66 | MEDIUM VOLATILITY | The ATR as a percentage value for ROOF.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 18.34 | NEGATIVE | The low ADX value for ROOF.CA suggests a weak or negative trend. |
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)
TSX-V:ROOF (6/3/2025, 7:00:00 PM)
0.365
-0.01 (-1.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-1.35%
1 Week5.8%
2 Weeks2.82%
1 Month5.8%
3 Month5.8%
6 Month8.96%
12 Month30.36%
2 Year128.13%
3 Year114.71%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%3.66%
ATR Inc88.06%
Range Today0.01
ADR(20)0.01
ADR(20)%3.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.32
Mansfield2.15
10 Day High0.38
10 Day Low0.34
20 Day High0.38
20 Day Low0.34
52 Week High0.45
52 Week Low0.18
CS1 End0.35
CR1 Start0.37
Volume & EV
DER(3)2.68%
DER(5)6.96%
Volume104.45K
Volume Incr-9.75%
Vol(5)151.18K
Vol(50)160.23K