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Rio Grande Resources Ltd.

RGR.CN Technical Analysis Summary (CNQ)

Analyze RGR.CN on the CNQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

RGR.CN●CNQ
Basic MaterialsGold
$0.28
$0.005(1.79%)
Canadian Market opens in 19h 41m

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

RGR.CN Technical Analysis Summary (CNQ)

Rio Grande Resources Ltd. (CNQ: RGR.CN) stock currently shows a bullish trend on the CNQ, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 62.89)
Trend Strength:Strong (ADX: 32.22)
Volatility:Medium (ATR: 0.01)
Support/Resistance:$0.17 – $0.32 (Bollinger Bands)

Technical conditions suggest Rio Grande Resources Ltd. on the CNQ is awaiting a decisive move. This mix signals that Rio Grande Resources Ltd. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 62.89

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 83.62

Bearish
Overbought levels may trigger pullback.

Williams %R: -23.08

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 25.00

Strongly Bullish
Strong upside momentum.

Takeaway:Rio Grande Resources Ltd. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.02

Bullish
Bullish, trend momentum is strengthening.

ADX: 32.22

Strong
Strong trend, momentum well established.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): 37.01

Bullish
Bullish, momentum building upward.

Takeaway:Rio Grande Resources Ltd. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.32
Middle Band (SMA 20)
$0.24
Lower Band
$0.17
Current Position
Within Bands

Takeaway:Rio Grande Resources Ltd. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$0.28
Middle Line (EMA 20)
$0.25
Lower Channel
$0.23
Squeeze Status
No Squeeze

Takeaway:Rio Grande Resources Ltd. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume414.83K
Money Flow Index60.02Bullish, inflows support continued momentum.
Relative Vigor Index39.75Bearish, price momentum favors sellers.

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

Technical Trading Signals Summary
Based on the current technical analysis of Rio Grande Resources Ltd. (CNQ: RGR.CN), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Rio Grande Resources Ltd. are mixed, suggesting a Hold or wait-and-see approach.

(CNQ: RGR.CN) Technical Analysis FAQ