TSX-V:REG - TSX Venture Exchange - CA75915M1077 - Common Stock - Currency: CAD
Overall REG gets a technical rating of 6 out of 10. Although REG is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is only medium, REG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 2.07. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.02, a Stop Loss order could be placed below this zone.
1.83
3 important support areas can be observed.
4 important resistance areas can be observed.
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 |
---|---|---|---|
2.13 | 2.01 | 0.12 (5.63%) | 17.75% |
An entry @2.13. This is a Buy Stop order right above the resistance zone. | An exit @2.01. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.12 points, which is 5.63%. | For a 1.00% total portfolio risk, you can invest 17.75% of your capital in this trade. |
TSX-V:REG (3/7/2025, 7:00:00 PM)
2.04
-0.03 (-1.45%)