RIVERSIDE RESOURCES INC (RRI.CA) Stock Technical Analysis
TSX-V:RRI - CA76927D1015 - Common Stock
0.175 CAD
+0.01 (+6.06%)
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.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, RRI did better than 71% of all other stocks.
In the last month RRI has a been trading in the 0.15 - 0.18 range, which is quite wide. It is currently trading near the high of this range.
RRI is part of the Metals & Mining industry. There are 803 other stocks in this industry, RRI did better than 47% of them.
RRI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RRI is lagging the market.
Besides having an excellent technical rating, RRI also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.18. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.17, 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 0.17 to 0.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.15 to 0.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.14 from a trend line in the weekly time frame.
- Support @0.13 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.18 to 0.18. 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 RRI.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RRI.CA is neutral. |
| ChartMill Relative Strength | 71.42 | POSITIVE | RRI.CA has a high relative strength, it outperformed 71.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RRI.CA is above the rising 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) | 56.25 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 46.67 | NEUTRAL | The Stochastics value for RRI.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4 | MEDIUM VOLATILITY | The ATR as a percentage value for RRI.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 16.95 | NEGATIVE | The low ADX value for RRI.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)
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 |
|---|---|---|---|
| 0.19 | 0.16 | 0.03 (15.79%) | 6.33% |
| An entry @0.19. This is a Buy Stop order right above the resistance zone. | An exit @0.16. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.03 points, which is 15.79%. | For a 1.00% total portfolio risk, you can invest 6.33% 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 (9/2/2025, 7:00:00 PM)
0.175
+0.01 (+6.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg6.06%
1 Week2.94%
2 Weeks6.06%
1 Month9.38%
3 Month16.67%
6 Month20.69%
12 Month25%
2 Year40%
3 Year40%
5 Year-35.19%
10 Year12.9%
15 Year-79.41%
Volatility
ATR(14)0.01
ATR(20)%4%
ATR Inc10.53%
Range Today0
ADR(20)0
ADR(20)%2.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.42
Mansfield0.53
10 Day High0.18
10 Day Low0.16
20 Day High0.18
20 Day Low0.16
52 Week High0.23
52 Week Low0.12
CS1 End0.17
CR1 Start0.18
Volume & EV
DER(3)0%
DER(5)0%
Volume89.13K
Volume Incr-22.93%
Vol(5)81.58K
Vol(50)72.08K