RUSORO MINING LTD (RML.CA) Stock Technical Analysis
TSX-V:RML - TSX Venture Exchange - CA7822271028 - Common Stock - Currency: CAD
Overall RML gets a technical rating of 3 out of 10. In the past year, RML 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.
83% of all other stocks performed better in the past year than RML.
RML is part of the Metals & Mining industry. There are 822 other stocks in this industry, of which 69% are performing better than RML.
RML 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.
RML is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Although the technical rating is bad, RML does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 0.82, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for RML 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
0.65
0.94
When analyzing the support we can see 4 important areas.
- A support zone ranging from 0.81 to 0.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.77 to 0.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.71 from a trend line in the weekly time frame.
- A support zone ranging from 0.66 to 0.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @0.85 from a trend line in the daily time frame.
- Resistance @0.87 from a horizontal line in the weekly time frame.
- Resistance @0.93 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.57
Mansfield-2.52
10 Day High0.86
10 Day Low0.74
20 Day High0.86
20 Day Low0.72
52 Week High1.54
52 Week Low0.55
Performance
1 Week-1.16%
2 Weeks2.41%
1 Month6.25%
3 Month-5.56%
6 Month-37.04%
12 Month-29.75%
2 Year1207.69%
3 Year1316.67%
5 Year1600%
10 Year2025%
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)57.58
LBB0.75
UBB0.9
TSX-V:RML (3/7/2025, 7:00:00 PM)
0.85
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0%
1 Week-1.16%
2 Weeks2.41%
1 Month6.25%
3 Month-5.56%
6 Month-37.04%
12 Month-29.75%
2 Year1207.69%
3 Year1316.67%
5 Year1600%
10 Year2025%
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%5.12%
ATR Inc-64.56%
Range Today0.03
ADR(20)0.04
ADR(20)%4.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.57
Mansfield-2.52
10 Day High0.86
10 Day Low0.74
20 Day High0.86
20 Day Low0.72
52 Week High1.54
52 Week Low0.55
CS1 End0.82
CR1 Start0.85
Volume & EV
DER(3)34.29%
DER(5)17.96%
Volume16.00K
Volume Incr-88.79%
Vol(5)21.03K
Vol(50)112.63K