RUA GOLD INC (RUA.CA) Stock Technical Analysis
TSX-V:RUA - TSX Venture Exchange - CA78109M2067 - Common Stock - Currency: CAD
We assign a technical rating of 0 out of 10 to RUA. RUA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, RUA is a bad performer in the overall market: 90% of all stocks are doing better.
RUA is part of the Metals & Mining industry. There are 806 other stocks in this industry, of which 77% are performing better than RUA.
RUA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RUA is lagging the market.
RUA is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Although the technical rating is bad, RUA does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 0.57, a Stop Loss order could be placed below this zone.
More info and screens
0.56
0.91
When analyzing the support we notice one important area.
- A support zone ranging from 0.57 to 0.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- Resistance @0.62 from a trend line in the daily time frame.
- A resistance zone ranging from 0.65 to 0.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.78 from a trend line in the weekly time frame.
- Resistance @0.80 from a trend line in the daily time frame.
- Resistance @0.90 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for RUA.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RUA.CA is down. |
| ChartMill Relative Strength | 10.08 | NEGATIVE | RUA.CA has a low relative strength, it was outperformed by 89.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RUA.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RUA.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RUA.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.35 | NEUTRAL | The RSI value for RUA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests RUA.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.14 | OVERSOLD | The low Stochastics value suggests RUA.CA may be oversold. |
| Average True Range in percent/ATR (20) | 5 | MEDIUM VOLATILITY | The ATR as a percentage value for RUA.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 14.84 | NEGATIVE | The low ADX value for RUA.CA suggests a weak or negative 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:RUA (8/1/2025, 7:00:00 PM)
0.62
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0%
1 Week-1.59%
2 Weeks-7.46%
1 Month-8.82%
3 Month3.33%
6 Month6.9%
12 Month-42.59%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%5%
ATR Inc36.59%
Range Today0.02
ADR(20)0.03
ADR(20)%4.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.08
Mansfield-2.49
10 Day High0.72
10 Day Low0.6
20 Day High0.72
20 Day Low0.6
52 Week High1.26
52 Week Low0.55
CS1 End0.57
CR1 Start0.62
Volume & EV
DER(3)-84.56%
DER(5)-93.74%
Volume122.43K
Volume Incr-19.87%
Vol(5)69.99K
Vol(50)98.54K