ROUTE 109 RESOURCES INC (RTE.CA) Stock Technical Analysis
Canada - TSX-V:RTE - CA7792911033 - Common Stock
Overall RTE gets a technical rating of 7 out of 10. Although RTE is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although RTE has an excellent technical rating, it does not present a decent entry opportunity 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
0.09
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.13 to 0.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The short term trend for RTE.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | RTE.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RTE.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RTE.CA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 58.89 | NEUTRAL | The RSI value for RTE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests RTE.CA has a positive trend. |
| Stochastics (14,3) | 76.28 | NEUTRAL | The Stochastics value for RTE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.57 | HIGH VOLATILITY | The high ATR as a percentage value for RTE.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 27.73 | POSITIVE | The high ADX value value for RTE.CA suggests a strong trend. |
TSX-V:RTE (11/6/2025, 7:00:00 PM)
0.14
+0.02 (+16.67%)
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 7 / 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 58.8855. 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 buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for ROUTE 109 RESOURCES INC?
ROUTE 109 RESOURCES INC (RTE.CA) has a support level at 0.13. Check the full technical report for our detailed analysis of RTE.CA support and resistance levels.