ROUTE 109 RESOURCES INC (RTE.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:RTE - CA7792911033 - Common Stock
Overall RTE gets a technical rating of 4 out of 10. RTE has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
Although the technical rating is only medium, RTE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 0.10, a Stop Loss order could be placed below this zone.
More info and screens
0.09
We found 2 important support areas.
- A support zone ranging from 0.10 to 0.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.09 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.13 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 | UP | POSITIVE | The long term trend for RTE.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RTE.CA is down. |
| ChartMill Relative Strength | 48.75 | NEUTRAL | RTE.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RTE.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RTE.CA is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 47.37 | NEUTRAL | The RSI value for RTE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests RTE.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.33 | OVERSOLD | The low Stochastics value suggests RTE.CA may be oversold. |
| Average True Range in percent/ATR (20) | 6.14 | HIGH VOLATILITY | The high ATR as a percentage value for RTE.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 16.34 | NEGATIVE | The low ADX value for RTE.CA suggests a weak or negative trend. |
TSX-V:RTE (12/19/2025, 7:00:00 PM)
0.11
+0.01 (+4.76%)
ROUTE 109 RESOURCES INC / RTE.CA FAQ
What is the ChartMill technical rating of ROUTE 109 RESOURCES INC (RTE.CA) stock?
ChartMill assigns a technical rating of 4 / 10 to RTE.CA.
What is the current trend direction of ROUTE 109 RESOURCES INC (RTE.CA) stock?
The current trend direction for ROUTE 109 RESOURCES INC (RTE.CA) is Bullish.
What is the RSI signal for RTE stock?
ROUTE 109 RESOURCES INC (RTE.CA) has an RSI value of 47.3736. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for ROUTE 109 RESOURCES INC?
The buy/sell signal for ROUTE 109 RESOURCES INC (RTE.CA) is hold as the short term and long term trends are mixed.
Can you provide the support and resistance levels for ROUTE 109 RESOURCES INC?
ROUTE 109 RESOURCES INC (RTE.CA) has a support level at 0.1 and a resistance level at 0.12. Check the full technical report for our detailed analysis of RTE.CA support and resistance levels.