RESOURO STRATEGIC METALS INC (RSM.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:RSM - CA76134C1023 - Common Stock
Taking everything into account, RSM scores 5 out of 10 in our technical rating. RSM has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- RSM is one of the lesser performing stocks in the Metals & Mining industry. 77% of 817 stocks in the same industry do better.
- 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.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When compared to the yearly performance of all other stocks, RSM outperforms 53% of them, which is more or less in line with the market.
- RSM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RSM is lagging the market.
- In the last month RSM has a been trading in the 0.22 - 0.26 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
RSM 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
0.21
4 important support areas can be observed.
- A support zone ranging from 0.24 to 0.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.23 to 0.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.22 from a trend 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.
When analyzing the resistance we notice 3 important areas.
- Resistance @0.25 from a horizontal line in the daily time frame.
- A resistance zone ranging from 0.26 to 0.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.38 from a trend line in the weekly 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 RSM.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RSM.CA is neutral. |
| ChartMill Relative Strength | 53.41 | NEUTRAL | RSM.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RSM.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RSM.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RSM.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.69 | NEUTRAL | The RSI value for RSM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests RSM.CA has a positive trend. |
| Stochastics (14,3) | 40 | NEUTRAL | The Stochastics value for RSM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.45 | MEDIUM VOLATILITY | The ATR as a percentage value for RSM.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 19.69 | NEGATIVE | The low ADX value for RSM.CA suggests a weak or negative trend. |
TSX-V:RSM (1/22/2026, 7:00:00 PM)
0.25
+0.02 (+6.38%)
RESOURO STRATEGIC METALS INC / RSM.CA FAQ
What is the ChartMill technical rating of RESOURO STRATEGIC METALS INC (RSM.CA) stock?
ChartMill assigns a technical rating of 5 / 10 to RSM.CA.
Can you provide the trend direction for RESOURO STRATEGIC METALS INC?
The current trend direction for RESOURO STRATEGIC METALS INC (RSM.CA) is Bearish.
What is the RSI signal for RESOURO STRATEGIC METALS INC (RSM.CA) stock?
RESOURO STRATEGIC METALS INC (RSM.CA) has an RSI value of 56.686. This indicates that the stock is currently neutral.
What is the MACD signal for RESOURO STRATEGIC METALS INC (RSM.CA) stock?
The MACD indicator for RESOURO STRATEGIC METALS INC (RSM.CA) has a value of 0.00127831, indicating a bearish trend.