Meyka Pro banner
Roxmore Resources Inc.

RM.TO Technical Analysis Summary (TSX)

Analyze RM.TO on the TSX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

RM.TO●TSX
Basic MaterialsOther Precious Metals
$6.83
$0.04(0.58%)
Canadian Market opens in 59h 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

RM.TO Technical Analysis Summary (TSX)

Roxmore Resources Inc. (TSX: RM.TO) stock currently shows a bullish trend on the TSX, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish to Bearish Risk (RSI: 77.46)
Trend Strength:Very Strong (ADX: 63.89)
Volatility:Medium (ATR: 0.18)
Support/Resistance:$4.80 – $7.97 (Bollinger Bands)

Technical conditions suggest Roxmore Resources Inc. on the TSX is awaiting a decisive move. This mix signals that Roxmore Resources Inc. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 77.46

Bearish
Overbought, selling pressure may emerge.

Stochastic %K: 72.02

Bullish
Buying momentum building without extremes.

Williams %R: -72.50

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 28.48

Strongly Bullish
Strong upside momentum.

Takeaway:Roxmore Resources Inc. shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 0.59

Bullish
Bullish, trend momentum is strengthening.

ADX: 63.89

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.18

Low
Low volatility, stable price action.

CCI (14): -205.23

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Roxmore Resources Inc. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$7.97
Middle Band (SMA 20)
$6.38
Lower Band
$4.80
Current Position
Within Bands

Takeaway:Roxmore Resources Inc. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$6.71
Middle Line (EMA 20)
$6.36
Lower Channel
$6.00
Squeeze Status
No Squeeze

Takeaway:Roxmore Resources Inc. trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume11.79M
Money Flow Index60.29Bullish, inflows support continued momentum.
Relative Vigor Index20.94Bearish, price momentum favors sellers.

Overall Takeaway:RM.TO shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Roxmore Resources Inc. (TSX: RM.TO), 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

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Roxmore Resources Inc. stock shows a Strong Buy signal — momentum and trend strength are firmly positive, supported by stable volatility.

(TSX: RM.TO) Technical Analysis FAQ