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Red Lake Gold Inc.

RGLD.CN•CNQ
Basic Materials
Gold
$0.02
$-0.01(-20.00%)
Canadian Market is Open • 13:50

Red Lake Gold Inc. (RGLD.CN) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Red Lake Gold Inc. (CNQ:RGLD.CN).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

RGLD.CN Technical Analysis Summary

Red Lake Gold Inc. stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 51.71)
Trend Strength:Weak (ADX: 14.08)
Support/Resistance:$0.02 – $0.03 (Bollinger Bands)

Technical conditions suggest Red Lake Gold Inc. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 51.71

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 66.67

Bullish
Buying momentum building without extremes.

Williams %R: 0.00

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 25.00

Strongly Bullish
Strong upside momentum.

Takeaway:Insufficient data to determine overall momentum trend.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 14.08

Weak
Weak trend, market trading sideways.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): 129.63

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Red Lake Gold Inc. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.03
Middle Band (SMA 20)
$0.02
Lower Band
$0.02
Current Position
Within Bands

Takeaway:Red Lake Gold Inc. trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$0.03
Middle Line (EMA 20)
$0.02
Lower Channel
$0.02
Squeeze Status
No Squeeze

Takeaway:Red Lake Gold Inc. trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume-486.54K
Money Flow Index52.28Neutral, balanced money flows with no clear signal.
Relative Vigor Index26.70Bearish, price momentum favors sellers.

Overall Takeaway:RGLD.CN shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Red Lake Gold Inc., here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Red Lake Gold Inc. shows a Neutral outlook — indicators suggest balanced momentum with no clear directional trend.

Technical Analysis FAQ