REKO INTERNATIONAL GROUP INC (REKO.CA) Stock Technical Analysis
TSX-V:REKO - TSX Venture Exchange - CA75941H1064 - Common Stock - Currency: CAD
Taking everything into account, REKO scores 2 out of 10 in our technical rating. In the past year, REKO was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, REKO is a bad performer in the overall market: 80% of all stocks are doing better.
REKO is part of the Machinery industry. There are 21 other stocks in this industry, of which 65% are performing better than REKO.
REKO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: REKO has an average volume of 2806 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 still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
In the last month REKO has a been trading in the 2.90 - 3.99 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.
The technical rating of REKO is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
2.96
5.43
We found 1 important support area.
- Support @2.99 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 3.80 to 3.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.00 from a horizontal line in the daily time frame.
- Resistance @5.38 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.91
Mansfield-3.4
10 Day High3.99
10 Day Low3.25
20 Day High3.99
20 Day Low2.9
52 Week High5.77
52 Week Low2.9
Performance
1 Week1.33%
2 Weeks19.06%
1 Month27%
3 Month5.83%
6 Month-25.73%
12 Month-25.59%
2 Year-31.96%
3 Year-22.24%
5 Year27%
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)0.1
RSI(14)60.59
LBB2.81
UBB4.21
TSX-V:REKO (2/18/2025, 7:00:00 PM)
3.35
-0.48 (-12.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-12.53%
1 Week1.33%
2 Weeks19.06%
1 Month27%
3 Month5.83%
6 Month-25.73%
12 Month-25.59%
2 Year-31.96%
3 Year-22.24%
5 Year27%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%2.24%
ATR Inc-13.1%
Range Today0.25
ADR(20)0.02
ADR(20)%0.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.91
Mansfield-3.4
10 Day High3.99
10 Day Low3.25
20 Day High3.99
20 Day Low2.9
52 Week High5.77
52 Week Low2.9
CS1 End2.99
CR1 Start3.84
Volume & EV
DER(3)0%
DER(5)0%
Volume1.30K
Volume Incr-62.97%
Vol(5)1.36K
Vol(50)2.81K