TSX:DCM - Toronto Stock Exchange - CA23761M1023 - Common Stock - Currency: CAD
Taking everything into account, DCM scores 0 out of 10 in our technical rating. DCM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, DCM does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.78. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for DCM in the last couple of days, which is a good sign.
1.66
We can see 4 important resistance areas.
TSX:DCM (5/1/2025, 7:00:00 PM)
1.68
-0.04 (-2.33%)