RIVERSIDE RESOURCES INC (RRI.CA) Stock Technical Analysis
TSX-V:RRI • CA76927E1097
Taking everything into account, RRI scores 7 out of 10 in our technical rating. RRI has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- RRI is part of the Metals & Mining industry. There are 802 other stocks in this industry, of which 68% are performing better than RRI.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- Looking at the yearly performance, RRI did better than 71% of all other stocks. We also observe that the gains produced by RRI over the past year are nicely spread over this period.
- RRI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so RRI is lagging the market slightly.
- In the last month RRI has a been trading in the 0.21 - 0.26 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although RRI has an excellent technical rating, the quality of the presented setup is not ideal 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
0.20
We found 4 important support areas.
- A support zone ranging from 0.23 to 0.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.22 from a horizontal line in the weekly time frame.
- A support zone ranging from 0.21 to 0.21. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @0.20 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 | NEUTRAL | NEUTRAL | The long term trend for RRI.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RRI.CA is up. |
| ChartMill Relative Strength | 71.45 | POSITIVE | RRI.CA has a high relative strength, it outperformed 71.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of RRI.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RRI.CA is above the rising 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) | 53.3 | NEUTRAL | The RSI value for RRI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests RRI.CA has a positive trend. |
| Stochastics (14,3) | 62.5 | NEUTRAL | The Stochastics value for RRI.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.67 | HIGH VOLATILITY | The high ATR as a percentage value for RRI.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 11.36 | NEGATIVE | The low ADX value for RRI.CA suggests a weak or negative 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 |
|---|---|---|---|
| 0.25 | 0.22 | 0.03 (12.00%) | 8.33% |
| An entry @0.25. This is a Buy Stop order right above the 10 day high. | An exit @0.22. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.03 points, which is 12.00%. | For a 1.00% total portfolio risk, you can invest 8.33% 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:RRI (2/26/2026, 7:00:00 PM)
0.24
+0.01 (+2.13%)
RIVERSIDE RESOURCES INC / RRI.CA FAQ
Can you provide the ChartMill technical rating for RIVERSIDE RESOURCES INC?
ChartMill assigns a technical rating of 7 / 10 to RRI.CA.
What is the trend direction for RRI stock?
The current trend direction for RIVERSIDE RESOURCES INC (RRI.CA) is Bearish.
What is the RSI signal for RRI stock?
RIVERSIDE RESOURCES INC (RRI.CA) has an RSI value of 53.2992. This indicates that the stock is currently neutral.
What is the short term momentum for RIVERSIDE RESOURCES INC (RRI.CA) stock?
The short term momentum for RIVERSIDE RESOURCES INC (RRI.CA) is positive.
What is the support and resistance level for RRI stock?
RIVERSIDE RESOURCES INC (RRI.CA) has a support level at 0.23. Check the full technical report for our detailed analysis of RRI.CA support and resistance levels.