RIVERSIDE RESOURCES INC (RRI.CA) Stock Technical Analysis
TSX-V:RRI - TSX Venture Exchange - CA76927D1015 - Common Stock - Currency: CAD
Taking everything into account, RRI scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RRI is showing a nice and steady performance.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, RRI did better than 82% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
RRI is an average performer in the Metals & Mining industry, it outperforms 67% of 822 stocks in the same industry.
RRI is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month RRI has a been trading in the 0.14 - 0.17 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, RRI also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 0.13, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.13
0.18
When analyzing the support we notice one important area.
- A support zone ranging from 0.13 to 0.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.15 to 0.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.17 to 0.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.18 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
CRS82.43
Mansfield-0.13
10 Day High0.17
10 Day Low0.14
20 Day High0.17
20 Day Low0.14
52 Week High0.18
52 Week Low0.11
Performance
1 Week0%
2 Weeks-3.33%
1 Month7.41%
3 Month3.57%
6 Month3.57%
12 Month38.1%
2 Year0%
3 Year-19.44%
5 Year11.54%
10 Year-42%
15 Year-75%
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)49.11
LBB0.14
UBB0.17
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 |
|---|---|---|---|
| 0.16 | 0.13 | 0.03 (20.25%) | 4.94% |
| An entry @0.16. This is a Buy Stop order right above the 10 day moving average. | An exit @0.13. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.03 points, which is 20.25%. | When investing 4.94% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:RRI (3/7/2025, 7:00:00 PM)
0.145
-0.01 (-6.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-6.45%
1 Week0%
2 Weeks-3.33%
1 Month7.41%
3 Month3.57%
6 Month3.57%
12 Month38.1%
2 Year0%
3 Year-19.44%
5 Year11.54%
10 Year-42%
15 Year-75%
Volatility
ATR(14)0.01
ATR(20)%6.9%
ATR Inc50%
Range Today0.01
ADR(20)0.01
ADR(20)%6.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.43
Mansfield-0.13
10 Day High0.17
10 Day Low0.14
20 Day High0.17
20 Day Low0.14
52 Week High0.18
52 Week Low0.11
CS1 End0.13
CR1 Start0.15
Volume & EV
DER(3)-3.94%
DER(5)-6.68%
Volume46.50K
Volume Incr-16.74%
Vol(5)55.37K
Vol(50)52.07K