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.TOTSX
Basic MaterialsOther Precious Metals
$3.92
$0.08(2.08%)
Canadian Market opens in 14h 46m

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:Neutral to Bullish (RSI: 57.28)
Trend Strength:Very Strong (ADX: 43.99)
Volatility:High (ATR: 0.21)
Support/Resistance:$3.62 – $4.22 (Bollinger Bands)

Technical conditions suggest Roxmore Resources Inc. on the TSX is awaiting a decisive move. Overall, Roxmore Resources Inc. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 57.28

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 15.89

Bullish
Oversold zone signals rebound potential.

Williams %R: -73.17

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -6.44

Strongly Bearish
Sharp downside momentum.

Takeaway:Roxmore Resources Inc. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.15

Bullish
Bullish, trend momentum is strengthening.

ADX: 43.99

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.21

Low
Low volatility, stable price action.

CCI (14): -94.25

Bearish
Bearish, momentum remains under pressure.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$4.22
Middle Band (SMA 20)
$3.92
Lower Band
$3.62
Current Position
Within Bands

Takeaway:Roxmore Resources Inc. trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$4.24
Middle Line (EMA 20)
$3.83
Lower Channel
$3.41
Squeeze Status
Squeeze On

Takeaway:Roxmore Resources Inc. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume2.23M
Money Flow Index59.11Neutral, balanced money flows with no clear signal.
Relative Vigor Index45.43Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:RM.TO shows balanced money flow with a slight bullish bias.

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.

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:Technical indicators for Roxmore Resources Inc. are mixed, suggesting a Hold or wait-and-see approach.

(TSX: RM.TO) Technical Analysis FAQ