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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RRX was difficult to move downward during the last trading day indicating a ST downtrend
Ease of Movement /
RRX was difficult to move downward during the last trading day indicating a ST downtrend

RRX: EOM Current Signal -> (1) 15 Feb: BEARISH HARD (2) 14 Feb: BEARISH HARD (3) 13 Feb: BULLISH HARD

DPO for RRX has confirmed price is currently below the displaced moving average
Detrended Price Oscillator /
DPO for RRX has confirmed price is currently below the displaced moving average

RRX: DPO Current Signal -> (1) 15 Feb: BEARISH (2) 14 Feb: BEARISH (3) 13 Feb: BEARISH

MACD Volume /
Negative momentum on the Volume MACD histogram for RRX has been confirmed & supports a bearish move is likely

[BEARISH CROSSOVER]: Raging River Exploration currently has negative Volume MACD of -37028. This means the signal line is less than the Volume MACD line signalling a bearish movement.

Sine Weighted Moving Average /
Price is now trading below the Sine Weighted Moving Average(5) for RRX

RRX: SWMA Current Signal -> (1) 15 Feb: BULLISH (2) 14 Feb: BEARISH (3) 13 Feb: BULLISH

Triangular Moving Average /
Price continues to trade below the Triangular Moving Average(5) for RRX

[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%.

Two Crows /
Raging River Exploration: Two Crows

[BEARISH]: Raging River Exploration has formed a new Two Crows reversal pattern.

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Range Tod Vs Range Yest /
This is the first day sellers have decreased eagerness for RRX reducing strength of a continued downtrend in the first timeframe.

[WEAK BULLISH]: Raging River Explorationsellers are becoming less eager. This is the first day sellers have decreased eagerness for RRX reducing strength to a downtrend in the first timeframe. The biggest price range this month has been $1.39 & the greatest daily price range this year has been $2.67. The price range ratio this week versus the quarterly price range is 0.3x & the price range ratio this month versus the year to date price range is 0.5x.

Raging River Exploration: Uptrend for the long term trend is continued
Long Trend /
Raging River Exploration: Uptrend for the long term trend is continued

[BULLISH]: Raging River Exploration has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Dec 20 2017.

Selling pressure for RRX highlights ability of sellers to drive the price downwards
Elder Ray Index /
Selling pressure for RRX highlights ability of sellers to drive the price downwards

[BEARISH]: Raging River ExplorationElder Ray Index is signalling a Bearish movementERI is -0.562 indicating bear power. Prices are being driven below the consensus of value for RRX during the last trading session [Selling Pressure]

Woodie Pivot Point /
Limit order for a short position has been identified for Raging River Exploration [Bearish]

Raging River Exploration current pivot point (Woodie) is: $6.385. The current resistance levels are: (R1) $6.54: (R2) $6.685The current support levels are: (S1) $6.24: (S2) $6.085

Opening Price /
[Bullish]: Opening performance for RRX of 3.2 % was achieved in last trading session

[BULLISH]: Raging River Exploration opening price has gapped up. Currently, the OPEN is $6.53 (3.2 %).

Ulcer Index /
[High Stress]: High drawdown associated with recent trading of RRX

RRX: UIX Current Signal -> (1) 15 Feb: High stress (2) 14 Feb: High stress (3) 13 Feb: High stress

RRX: Average Directional Index has confirmed a strong trend @36.87
Average Directional Movement /
RRX: Average Directional Index has confirmed a strong trend @36.87

[Trend]: ADX for RRX has confirmed a strong trend is presentRaging River Exploration has an ATR(14) of 0.301, a DX of 54.17 & an ADX(14) of 36.87

William %R oversold signal has just been triggered for Raging River Exploration
Williams %R /
William %R oversold signal has just been triggered for Raging River Exploration

RRX: William %R Current Signal -> (1) 15 Feb: BULLISH CROSSOVER (2) 14 Feb: BEARISH CROSSUNDER (3) 13 Feb: BULLISH CROSSOVER

Commodity Channel Index /
RRX is no longer oversold @ -97

[NEUTRAL]: Raging River Exploration current trading has closed out Commodity Channel Index to oversold status and signalled the initiation of normal trading conditions. Currently, the CCI is -97. The previous bullish signal was active for 0 day. During the quarter, the lowest CCI value was -208.

Momentum /
Positive momentum: Price is now trading higher for Raging River Exploration than 5 days ago

RRX: MOM Current Signal -> (1) 15 Feb: BULLISH CROSSOVER (2) 14 Feb: BEARISH CROSSOVER (3) 13 Feb: BEARISH CROSSOVER

Low Price /
low for RRX has not surpassed the low of the previous trading session

[BULLISH]: Raging River Exploration current downtrend in the first timeframe. Currently, the Low is $6.23 (-0.2 %).

RRX: Current trading activity signals distribution is active
Accumulation / Distribution /
RRX: Current trading activity signals distribution is active

[BEARISH]: Raging River Exploration current distribution has given weakness to the share price and the continuation of bearish trading conditions.

Weaker volume performance from RRX has seen a lower volume of -66.2 [Downtrend]
Volume /
Weaker volume performance from RRX has seen a lower volume of -66.2 [Downtrend]

[BEARISH]: Raging River Exploration current volume downtrend in the first timeframe. Volume for RRX is584889 (-66.2).

Raging River Exploration has failed to achieve a lower high of $6.53 (-0.5 %)
High Price /
Raging River Exploration has failed to achieve a lower high of $6.53 (-0.5 %)

[BEARISH]: Raging River Exploration current downtrend in the first timeframe. Currently, the HIGH is -0.5 %.

On Balance Volume /
Market conditions are indicating OBV distribution is current for RRX

[BEARISH]: Raging River Exploration current price has highlighted recent distribution. Currently, the OBV is -7.39914e+006.

Rate of Change /
Raging River Exploration: Rate of Change (-21.499)

[BEARISH]: Raging River Exploration currently has negative rate of change of -21.5%. 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

Close Tod Vs Close Yest /
Closing price for Raging River Exploration has seen sellers win the daily battle for performance @ -2%

[BEARISH]: Raging River Explorationsellers are keener than buyers and are driving the price down. This is the first day of price decline for RRX adding strength to a downtrend change in the first timeframe. The biggest downward movement this month has been -5.4 & the greatest daily negative change this year has been -5.4. The longest consecutive downswing rally over the last 12 months has been 4 days giving a total rally downward movement of -8.8%. This quarter, the largest downswing rally has been 3 days giving a total rally downward movement of -8.8%. The loss ratio for price decline in the first timeframe for the last 12 months is 0.6x giving a total win/loss ratio of 0.8x. Over the last month the average daily downward movement has been -2.5%

The WMA trend following signal is now active for Raging River Exploration [Bearish]
Weighted Moving Average /
The WMA trend following signal is now active for Raging River Exploration [Bearish]

[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%.

Recent trading for Raging River Exploration fell short of the previous price range ($0.3)
Price Range /
Recent trading for Raging River Exploration fell short of the previous price range ($0.3)

[BEARISH]: Raging River Exploration current downtrend in the first timeframe. Currently, the Range is $0.3.

Bill Williams Market Facilitation /
[Fake Day]: MFI indicator is up, volume is down RRX

Raging River Exploration Currently is a confirmed Fake Day. MFI indicator is up, volume is down for RRX. Trend continuation possible for RRX from reduced trading activity.

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