ROUTE 109 RESOURCES INC (RTE.CA) Stock Technical Analysis
TSX-V:RTE • CA7792911033
Overall RTE gets a technical rating of 2 out of 10. RTE performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- 81% of all other stocks performed better in the past year than RTE.
- In the last month RTE has a been trading in the 0.10 - 0.18 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- Warning: RTE has an average volume of 17953 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- RTE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RTE is lagging the market.
The technical rating of RTE 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
0.10
We found 2 important support areas.
- A support zone ranging from 0.11 to 0.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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.
We found 1 important resistance area.
- 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.
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 RTE.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RTE.CA is down. |
| ChartMill Relative Strength | 19.81 | NEGATIVE | RTE.CA has a low relative strength, it was outperformed by 80.19% off all stocks 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) | 42.75 | 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. |
| Stochastics (14,3) | 9.52 | OVERSOLD | The low Stochastics value suggests RTE.CA may be oversold. |
| Average True Range in percent/ATR (20) | 11.59 | HIGH VOLATILITY | The high ATR as a percentage value for RTE.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 20.09 | NEUTRAL | The ADX value for RTE.CA suggests a possible start of a new trend. |
TSX-V:RTE (2/13/2026, 7:00:00 PM)
0.12
-0.01 (-7.69%)
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 1 / 10 to RTE.CA.
Can you provide the trend direction for ROUTE 109 RESOURCES INC?
The current trend direction for ROUTE 109 RESOURCES INC (RTE.CA) is Bearish.
What is the RSI signal for RTE stock?
ROUTE 109 RESOURCES INC (RTE.CA) has an RSI value of 42.7488. This indicates that the stock is currently neutral.
What is the MACD signal for ROUTE 109 RESOURCES INC (RTE.CA) stock?
The MACD indicator for ROUTE 109 RESOURCES INC (RTE.CA) has a value of -0.00358995, indicating a bearish trend.