RBC TARGET 2027 CANADIAN COR (RQP.CA) Stock Technical Analysis
TSX:RQP - Toronto Stock Exchange - CA7493341084 - ETF - Currency: CAD
Taking everything into account, RQP scores 3 out of 10 in our technical rating. RQP performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
Although the technical rating is bad, RQP does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 18.45. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 18.38, a Stop Loss order could be placed below this zone.
More info and screens
17.39
2 important support areas can be observed.
- A support zone ranging from 18.09 to 18.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.57 to 17.61. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 18.45 to 18.49. 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 RQP.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RQP.CA is neutral. |
| ChartMill Relative Strength | 30.96 | NEUTRAL | RQP.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of RQP.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RQP.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RQP.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.62 | NEUTRAL | The RSI value for RQP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests RQP.CA has a positive trend. |
| Stochastics (14,3) | 56.25 | NEUTRAL | The Stochastics value for RQP.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.16 | LOW VOLATILITY | The low ATR as a percentage value for RQP.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 9 | NEGATIVE | The low ADX value for RQP.CA suggests a weak or negative trend. |
TSX:RQP (7/4/2025, 7:00:00 PM)
18.39
+0.01 (+0.05%)