RHYOLITE RESOURCES LTD (RYE.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:RYE - CA76243H1091 - Common Stock
Taking everything into account, RYE scores 9 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Although RYE 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.
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When analyzing the support we can see 4 important areas.
- A support zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.10 from a trend line in the daily time frame.
- Support @0.09 from a trend line in the weekly time frame.
- A support zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.15 to 0.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.18 to 0.18. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for RYE.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RYE.CA is neutral. |
| ChartMill Relative Strength | 80.34 | POSITIVE | RYE.CA has a high relative strength, it outperformed 80.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RYE.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RYE.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RYE.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.58 | NEUTRAL | The RSI value for RYE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests RYE.CA has a negative trend. |
| Stochastics (14,3) | 19.05 | OVERSOLD | The low Stochastics value suggests RYE.CA may be oversold. |
| Average True Range in percent/ATR (20) | 9.11 | HIGH VOLATILITY | The high ATR as a percentage value for RYE.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 18.45 | NEGATIVE | The low ADX value for RYE.CA suggests a weak or negative trend. |
TSX-V:RYE (12/31/2025, 7:00:00 PM)
0.14
0 (0%)
RHYOLITE RESOURCES LTD / RYE.CA FAQ
Can you provide the ChartMill technical rating for RHYOLITE RESOURCES LTD?
ChartMill assigns a technical rating of 9 / 10 to RYE.CA.
Can you provide the trend direction for RHYOLITE RESOURCES LTD?
The current trend direction for RHYOLITE RESOURCES LTD (RYE.CA) is Bullish.
What is the RSI signal for RYE stock?
RHYOLITE RESOURCES LTD (RYE.CA) has an RSI value of 49.5846. This indicates that the stock is currently neutral.
What is the MACD signal for RYE stock?
The MACD indicator for RHYOLITE RESOURCES LTD (RYE.CA) has a value of -0.000655718, indicating a bearish trend.
What are the support and resistance levels for RHYOLITE RESOURCES LTD (RYE.CA) stock?
RHYOLITE RESOURCES LTD (RYE.CA) has a support level at 0.12 and a resistance level at 0.14. Check the full technical report for our detailed analysis of RYE.CA support and resistance levels.