RHYOLITE RESOURCES LTD (RYE.CA) Technical Analysis
TSX-V:RYE • CA76243H1091
Overall RYE gets a technical rating of 7 out of 10. In the last year, RYE was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- Looking at the yearly performance, RYE did better than 79% of all other stocks. On top of that, RYE also shows a nice and consistent pattern of rising prices.
- RYE is an average performer in the Metals & Mining industry, it outperforms 48% of 815 stocks in the same industry.
- RYE is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RYE is lagging the market slightly.
- In the last month RYE has a been trading in the 0.11 - 0.18 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
RYE has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.16. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for RYE in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.10
We found 4 important support areas.
- A support zone ranging from 0.15 to 0.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.12 from a trend line in the weekly time frame.
- Support @0.11 from a trend line in the daily time frame.
- Support @0.10 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 0.16 to 0.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.17 from a trend line in the daily time frame.
- Resistance @0.18 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for RYE.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RYE.CA is up. |
| ChartMill Relative Strength | 79.6 | POSITIVE | RYE.CA has a high relative strength, it outperformed 79.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of RYE.CA is above 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) | 51.73 | NEUTRAL | The RSI value for RYE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests RYE.CA has a positive trend. |
| Stochastics (14,3) | 72.22 | NEUTRAL | The Stochastics value for RYE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 10.83 | HIGH VOLATILITY | The high ATR as a percentage value for RYE.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 20.39 | NEUTRAL | The ADX value for RYE.CA suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.17 | 0.14 | 0.03 (17.65%) | 5.67% |
| An entry @0.17. This is a Buy Stop order right above the resistance zone. | An exit @0.14. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.03 points, which is 17.65%. | When investing 5.67% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
RYE.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:RYE (3/9/2026, 7:00:00 PM)
0.15
-0.01 (-3.23%)
RHYOLITE RESOURCES LTD / RYE.CA FAQ
Can you provide the ChartMill technical rating for RHYOLITE RESOURCES LTD?
ChartMill assigns a technical rating of 7 / 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 Bearish.
What is the RSI signal for RYE stock?
RHYOLITE RESOURCES LTD (RYE.CA) has an RSI value of 51.7299. 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 0.00114078, 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 0.15 and a resistance level at 0.16. Check the full technical report for our detailed analysis of RYE.CA support and resistance levels.