RIVERSIDE RESOURCES INC (RRI.CA) Stock Technical Analysis
TSX-V:RRI - TSX Venture Exchange - CA76927D1015 - Common Stock - Currency: CAD
Taking everything into account, RRI scores 3 out of 10 in our technical rating. In the last year, RRI was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
77% of all other stocks performed better in the past year than RRI.
RRI is one of the lesser performing stocks in the Metals & Mining industry. 63% of 806 stocks in the same industry do better.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
RRI 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 RRI is lagging the market slightly.
In the last month RRI has a been trading in the 0.15 - 0.18 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
RRI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. 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 0.16, a Stop Loss order could be placed below this zone.
More info and screens
0.13
0.18
4 important support areas can be observed.
- A support zone ranging from 0.16 to 0.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.15 from a trend line in the weekly time frame.
- A support zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.13 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @0.18 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 RRI.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RRI.CA is neutral. |
| ChartMill Relative Strength | 23.16 | NEGATIVE | RRI.CA has a low relative strength, it was outperformed by 76.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RRI.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of RRI.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RRI.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49 | NEUTRAL | The RSI value for RRI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests RRI.CA has a negative trend. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for RRI.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.59 | MEDIUM VOLATILITY | The ATR as a percentage value for RRI.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 23.28 | NEUTRAL | The ADX value for RRI.CA suggests a possible start of a new 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:RRI (8/1/2025, 7:00:00 PM)
0.16
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0%
1 Week-3.03%
2 Weeks0%
1 Month6.67%
3 Month-13.51%
6 Month18.52%
12 Month10.34%
2 Year18.52%
3 Year23.08%
5 Year-54.93%
10 Year3.23%
15 Year-81.18%
Volatility
ATR(14)0
ATR(20)%3.59%
ATR Inc0%
Range Today0.01
ADR(20)0
ADR(20)%2.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.16
Mansfield-0.03
10 Day High0.17
10 Day Low0.16
20 Day High0.18
20 Day Low0.15
52 Week High0.23
52 Week Low0.12
CS1 End0.16
CR1 Start0.18
Volume & EV
DER(3)0%
DER(5)0%
Volume142.50K
Volume Incr48.47%
Vol(5)69.12K
Vol(50)53.09K