Technical analysis from Raging River Exploration (RRX.TO.TO, TSE:RRX.TO) on the Toronto Stock Exchange (TSX). Download the latest price data & trading signals

Raging River Exploration
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Raging River Exploration: Closing price $5.57 is below the SMA(5) @$5.602
Simple Moving Average /
Raging River Exploration: Closing price $5.57 is below the SMA(5) @$5.602

[BEARISH]: Raging River Exploration currently has a confirmed downtrend. Recent trading has caused the SMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is 2.8%.

Raging River Exploration: Confirmation of stock distribution
Daily Volume Index /
Raging River Exploration: Confirmation of stock distribution

[BEARISH]: Raging River Exploration current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -50347.

Volume Rate of Change /
Positive VROC: Volume is higher for Raging River Exploration than 14 days ago

[BULLISH]: Raging River Exploration currently has positive volume of change of 655%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is 2.8%.

Average Directional Movement /
Daily trading has confirmed an ADX strong trend (32.77) for Raging River Exploration

RRX: Average Directional Index Recent Trading -> (1) 22 Jun: 32.77 (2) 21 Jun: 30.7 (3) 20 Jun: 28.47

Low Price /
Low for RRX has surpassed the low of the previous trading session

[BEARISH]: Raging River Exploration current uptrend in the first timeframe. Currently, the Low is $5.46 (0.7 %).

Demarks Pivot Points /
Stoploss for Raging River Exploration should be set between $5.425

Raging River Exploration has broken the first DeMark resistance point ($5.5325) [Bullish]. Look for a long limit order entry near this point. Exit price for RRX should be set @$5.605 & Stoploss for Raging River Exploration should be set at $5.425

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Aroon Oscillator /
Daily trading has confirmed an Aroon strong downtrend (-88) for Raging River Exploration

[BEARISH]: Raging River Exploration has a current ARO(25) of -88. This has change 8 points from yesterday.

Rate of Change /
Rate of change(14) is decreasing for Raging River Exploration

[BEARISH]: Raging River Exploration currently has negative rate of change of -21.105%. This means the current price is less than the price 14 days ago and therefore losing momentum & is a leading indicator of price movement in the downward direction

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Volume MACD oscillator remains positive for RRX
MACD Volume /
Volume MACD oscillator remains positive for RRX

[BULLISH]: Raging River Exploration currently has positive Volume MACD of 657083. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

Raging River Exploration: Bull Harami
Bull Harami /
Raging River Exploration: Bull Harami

[BULLISH]: Raging River Exploration has formed a new Bull Harami reversal pattern.

Chaikin Money Flow /
CMF has negative divergence between price and volume

[BEARISH]: Raging River Exploration current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.41. RRX The bearish signal has been active for 0 day. During the quarter, the lowest CMF value was -0.54

Medium Trend /
RRX: Medium term trend is still an Downtrend

RRX: Medium Term Recent Trading -> (1) 22 Jun: Downtrend (2) 21 Jun: Downtrend (3) 20 Jun: Downtrend

On Balance Volume /
Distribution OBV signal for Raging River Exploration is confirmed

RRX: OBV Current Signal ->(1) 22 Jun: BEARISH (2) 21 Jun: BEARISH (3) 20 Jun: BEARISH

Raging River Exploration has maintained the 3rd timeframe trend [Uptrend]
Long Trend /
Raging River Exploration has maintained the 3rd timeframe trend [Uptrend]

[BULLISH]: Raging River Exploration is in an uptrend in the medium term timeframe. & the highest rally count for the LTM is 18. The highest rally for the month is 15

[Bearish]: Elders Force Index (-902511) confirms selling pressure remains
Elders Force Index /
[Bearish]: Elders Force Index (-902511) confirms selling pressure remains

[BEARISH]: Raging River Exploration current price has highlighted recent selling pressure. Currently, the Elders Force Index is -902511.

Sine Weighted Moving Average /
[Bearish]: SWMA(5) is serving as a resistance line for Raging River Exploration

[BEARISH]: Raging River Exploration currently has a confirmed downtrend. Recent trading has caused the SWMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is 2.8%.

Money Flow Index /
Oversold MFI signal for Raging River Exploration @ 15.87

[BEARISH]: Raging River Exploration current trading has maintained the money flow index overbought status and signalled the continuation of the bearish trading conditions. Currently, the MFI is 15.87. The bearish signal has been active for 0 days. During the quarter, the highest MFI value was 75.78.

Weighted Moving Average /
[Bearish]: Trend following indicator for RRX highlights downward price direction is likely

[BEARISH]: Raging River Exploration currently has a confirmed downtrend. Recent trading has caused the WMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is 2.8%.

The TMA trend following signal is still current for Raging River Exploration [Bearish]
Triangular Moving Average /
The TMA trend following signal is still current for Raging River Exploration [Bearish]

[BEARISH]: Raging River Exploration currently has a confirmed downtrend. Recent trading has caused the TMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is 2.8%.

Negative momentum: Price is trading lower for Raging River Exploration than 5 days ago
Momentum /
Negative momentum: Price is trading lower for Raging River Exploration than 5 days ago

[BEARISH]: Raging River Exploration currently has negative momentum of -0.71 This means the current price is less than the price 5 days ago and therefore losing momentum. Currently, the return on momentum is 2.8%.The largest downward momentum rally for the last 3 months is 8 days producing a return of -8.3%.

Short Black Candle /
RRX Basic Candle: Short Black

[BEARISH]: Raging River Exploration has formed a Short Black candlestick. This means, RRX has limited price movement derived from weak selling pressure. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

Closing Price /
Raging River Exploration: Daily closing price is $5.57 [Bullish]

[BULLISH]: Raging River Exploration current uptrend in the first timeframe. Currently, the Close is $5.57.

Opening Price /
Raging River Exploration: Daily opening price is $5.6

RRX: OPEN Current Signal -> (1) 22 Jun: BULLISH (2) 21 Jun: BULLISH (3) 20 Jun: BULLISH

Williams %R /
William %R oversold signal continues for Raging River Exploration indicating upward price movement is likely

[BEARISH]: Raging River Exploration is currently Overbought highlighting the potential for a short term trend reversal in the downward direction.

Raging River Exploration has broken below the 161.8% extension level ($7.61) [Bullish]
Fibonacci Extensions /
Raging River Exploration has broken below the 161.8% extension level ($7.61) [Bullish]

Raging River Exploration has moved below the 161.8% level ($7.61) [Bullish]. Look for a long limit order entry near this point. Exit price for RRX should be set @$7.09 & Stoploss for Raging River Exploration should be set at $8.13

Bearish trading conditions for Raging River Exploration has been signalled from the DPO (-1.9245)
Detrended Price Oscillator /
Bearish trading conditions for Raging River Exploration has been signalled from the DPO (-1.9245)

[BEARISH]: Raging River Exploration currently has a confirmed downtrend. Price is currently below the displaced moving average for RRX. Currently, the return on DPO20 is 2.8%.

Close Tod Vs Close Yest /
The win ratio for price rise in the first timeframe for the last 12 months is 0.4x giving a total win/loss ratio of 0.9x

[BULLISH]: Raging River Explorationbuyers are currently keener than sellers and are driving the price up. This is the first day of price rise for RRX adding strength to an uptrend change in the first timeframe. The biggest upward movement this month has been 2.8 & the greatest daily positive change this year has been 5.8. The longest consecutive upswing rally over the last 12 months has been 7 days giving a total rally upward movement of 14.5%. This quarter, the largest upswing rally has been 7 days giving a total rally upward movement of 11%. The win ratio for price rise in the first timeframe for the last 12 months is 0.4x giving a total win/loss ratio of 0.9x. Over the last month the average daily upward movement has been 1.400000%

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