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

TSX-V:RET - TSX Venture Exchange - CA7594041062 - Common Stock - Currency: CAD

2.41  -0.01 (-0.41%)

Technical Rating and Analysis

0

Overall RET gets a technical rating of 0 out of 10. RET scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
82% of all other stocks performed better in the past year than RET.
RET is part of the Specialty Retail industry. There are 15 other stocks in this industry, of which 100% are performing better than RET.
RET is currently making a new 52 week low. This is a very bad signal. RET is lagging the S&P500 Index which is trading in the middle of its 52 week range.
RET is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Warning: RET has an average volume of 4860 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
REITMANS (CANADA) LTD / RET Weekly stock chart
REITMANS (CANADA) LTD / RET Daily stock chart
Setup Rating and Analysis

4

RET has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

2.37

3.02

We found 1 important support area.

  • A support zone ranging from 2.39 to 2.40. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 5 important areas.

  • A resistance zone ranging from 2.46 to 2.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 2.56 to 2.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @2.82 from a trend line in the weekly time frame.
  • A resistance zone ranging from 2.88 to 2.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @2.99 from a horizontal line in the daily time frame.
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
CRS18.45
Mansfield-1.52
10 Day High2.55
10 Day Low2.4
20 Day High2.68
20 Day Low2.4
52 Week High3.17
52 Week Low2.4
Performance
1 Week-2.43%
2 Weeks-2.03%
1 Month-7.66%
3 Month-10.74%
6 Month-3.98%
12 Month-22.51%
2 Year-43.43%
3 Year37.71%
5 Year117.12%
10 Year-65.57%
15 Year-84.69%
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)40.54
LBB2.38
UBB2.55
REITMANS (CANADA) LTD / RET Daily stock chart

REITMANS (CANADA) LTD

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

2.41

-0.01 (-0.41%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-0.41%
1 Week-2.43%
2 Weeks-2.03%
1 Month-7.66%
3 Month-10.74%
6 Month-3.98%
12 Month-22.51%
2 Year-43.43%
3 Year37.71%
5 Year117.12%
10 Year-65.57%
15 Year-84.69%
Volatility
ATR(14)0.05
ATR(20)%2.57%
ATR Inc-64.29%
Range Today0.01
ADR(20)0.03
ADR(20)%1.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.45
Mansfield-1.52
10 Day High2.55
10 Day Low2.4
20 Day High2.68
20 Day Low2.4
52 Week High3.17
52 Week Low2.4
CS1 End2.4
CR1 Start2.46
Volume & EV
DER(3)0%
DER(5)0%
Volume700
Volume Incr-27.9%
Vol(5)2.52K
Vol(50)4.86K