Logo image of RET-A.CA

REITMANS (CANADA) LTD-A (RET-A.CA) Stock Technical Analysis

TSX-V:RET-A - TSX Venture Exchange - CA7594042052 - Common Stock - Currency: CAD

2.29  -0.03 (-1.29%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to RET-A. RET-A's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
78% of all other stocks performed better in the past year than RET-A.
RET-A is part of the Specialty Retail industry. There are 15 other stocks in this industry, of which 78% are performing better than RET-A.
RET-A is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Warning: RET-A has an average volume of 20586 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month RET-A has a been trading in the 2.20 - 2.39 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.
Weekly and Daily overview Charts
REITMANS (CANADA) LTD-A / RET-A Weekly stock chart
REITMANS (CANADA) LTD-A / RET-A Daily stock chart
Setup Rating and Analysis

7

Although the technical rating is bad, RET-A does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 2.25, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for RET-A 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.
Support and Resistance Analysis

2.20

2.72

We found 1 important support area.

  • A support zone ranging from 2.22 to 2.25. This zone is formed by a combination of multiple trend lines in multiple time frames.

4 important resistance areas can be observed.

  • A resistance zone ranging from 2.29 to 2.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @2.47 from a trend line in the daily time frame.
  • A resistance zone ranging from 2.52 to 2.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 2.65 to 2.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22
Mansfield-0.92
10 Day High2.39
10 Day Low2.2
20 Day High2.39
20 Day Low2.2
52 Week High2.96
52 Week Low2.2
Performance
1 Week-0.43%
2 Weeks-0.43%
1 Month-2.97%
3 Month-12.93%
6 Month-3.78%
12 Month-10.2%
2 Year-33.43%
3 Year44.03%
5 Year97.41%
10 Year-70.3%
15 Year-86.33%
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)0.01
RSI(14)45.84
LBB2.23
UBB2.36
REITMANS (CANADA) LTD-A / RET-A Daily stock chart

REITMANS (CANADA) LTD-A

TSX-V:RET-A (3/7/2025, 7:00:00 PM)

2.29

-0.03 (-1.29%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-1.29%
1 Week-0.43%
2 Weeks-0.43%
1 Month-2.97%
3 Month-12.93%
6 Month-3.78%
12 Month-10.2%
2 Year-33.43%
3 Year44.03%
5 Year97.41%
10 Year-70.3%
15 Year-86.33%
Volatility
ATR(14)0.07
ATR(20)%2.69%
ATR Inc27.27%
Range Today0.06
ADR(20)0.05
ADR(20)%2.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22
Mansfield-0.92
10 Day High2.39
10 Day Low2.2
20 Day High2.39
20 Day Low2.2
52 Week High2.96
52 Week Low2.2
CS1 End2.25
CR1 Start2.29
Volume & EV
DER(3)1.89%
DER(5)26.91%
Volume12.80K
Volume Incr-27.34%
Vol(5)12.30K
Vol(50)20.59K