RE ROYALTIES LTD (RE.CA) Stock Technical Analysis
TSX-V:RE - TSX Venture Exchange - CA75527Q1081 - Common Stock - Currency: CAD
We assign a technical rating of 4 out of 10 to RE. In the last year, RE was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
70% of all other stocks performed better in the past year than RE.
RE is one of the lesser performing stocks in the Independent Power and Renewable Electricity Producers industry. 86% of 39 stocks in the same industry do better.
Warning: RE has an average volume of 17488 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
RE is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so RE slightly outperforms the market at the moment.
In the last month RE has a been trading in the 0.46 - 0.49 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, RE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 0.47, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for RE 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
0.44
0.53
3 important support areas can be observed.
- A support zone ranging from 0.47 to 0.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.45 to 0.45. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @0.44 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @0.47 from a trend line in the daily time frame.
- A resistance zone ranging from 0.48 to 0.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.49 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 0.52 to 0.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.35
Mansfield-0.72
10 Day High0.5
10 Day Low0.47
20 Day High0.5
20 Day Low0.46
52 Week High0.6
52 Week Low0
Performance
1 Week1.06%
2 Weeks-1.04%
1 Month0%
3 Month-2.06%
6 Month2.15%
12 Month-5%
2 Year-20.83%
3 Year-47.22%
5 Year-49.47%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)51.29
LBB0.47
UBB0.49
TSX-V:RE (3/6/2025, 7:00:00 PM)
0.475
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg0%
1 Week1.06%
2 Weeks-1.04%
1 Month0%
3 Month-2.06%
6 Month2.15%
12 Month-5%
2 Year-20.83%
3 Year-47.22%
5 Year-49.47%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%1.84%
ATR Inc-44%
Range Today0.01
ADR(20)0.01
ADR(20)%1.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.35
Mansfield-0.72
10 Day High0.5
10 Day Low0.47
20 Day High0.5
20 Day Low0.46
52 Week High0.6
52 Week Low0
CS1 End0.47
CR1 Start0.47
Volume & EV
DER(3)0%
DER(5)13.38%
Volume1.50K
Volume Incr-70.07%
Vol(5)6.77K
Vol(50)17.49K