RESOURO STRATEGIC METALS INC (RSM.CA) Stock Technical Analysis
TSX-V:RSM - TSX Venture Exchange - CA76134C1023 - Common Stock - Currency: CAD
Overall RSM gets a technical rating of 0 out of 10. RSM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, RSM is a bad performer in the overall market: 97% of all stocks are doing better.
RSM is one of the lesser performing stocks in the Metals & Mining industry. 90% of 811 stocks in the same industry do better.
RSM is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month RSM has a been trading in the 0.14 - 0.23 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
The technical rating of RSM is bad and it also does not present a 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
0.15
0.22
We can see 3 important resistance areas.
- A resistance 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.
- Resistance @0.21 from a trend line in the daily time frame.
- Resistance @0.22 from a trend 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 RSM.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RSM.CA is down. |
| ChartMill Relative Strength | 3.5 | NEGATIVE | RSM.CA has a low relative strength, it was outperformed by 96.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RSM.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RSM.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RSM.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.69 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 19.61 | OVERSOLD | The low Stochastics value suggests RSM.CA may be oversold. |
| Average True Range in percent/ATR (20) | 10.83 | HIGH VOLATILITY | The high ATR as a percentage value for RSM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 21.52 | NEUTRAL | The ADX value for RSM.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:RSM (6/23/2025, 7:00:00 PM)
0.15
-0.01 (-6.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-6.25%
1 Week-14.29%
2 Weeks0%
1 Month0%
3 Month-28.57%
6 Month-30.23%
12 Month-63.41%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%10.83%
ATR Inc-34.88%
Range Today0
ADR(20)0.01
ADR(20)%5.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.5
Mansfield-4.29
10 Day High0.23
10 Day Low0.15
20 Day High0.23
20 Day Low0.14
52 Week High0.64
52 Week Low0.12
CS1 EndN/A
CR1 Start0.17
Volume & EV
DER(3)0%
DER(5)0%
Volume77.10K
Volume Incr26.63%
Vol(5)66.84K
Vol(50)55.56K