DECISIVE DIVIDEND CORP (DE.CA) Stock Technical Analysis
TSX-V:DE - TSX Venture Exchange - CA24345T1003 - Common Stock - Currency: CAD
Overall DE gets a technical rating of 8 out of 10. Although DE is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
DE is part of the Industrial Conglomerates industry. There are 4 other stocks in this industry, of which 100% are performing better than DE.
Warning: DE has an average volume of 29602 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
DE is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so DE is performing more or less in line with the market.
DE is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When compared to the yearly performance of all other stocks, DE outperforms 67% of them, which is more or less in line with the market.
Besides having an excellent technical rating, DE also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
5.80
7.70
4 important support areas can be observed.
- A support zone ranging from 7.55 to 7.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.15 to 6.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 5.96 to 6.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.86 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @7.62 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for DE.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DE.CA is up. |
| ChartMill Relative Strength | 67.87 | NEUTRAL | DE.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DE.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DE.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DE.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.98 | OVERBOUGHT | The high RSI value suggests DE.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests DE.CA has a negative trend. |
| Stochastics (14,3) | 81.13 | OVERBOUGHT | The high Stochastics value suggests DE.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.65 | MEDIUM VOLATILITY | The ATR as a percentage value for DE.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 56.53 | POSITIVE | The high ADX value value for DE.CA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 7.63 | 7.54 | 0.09 (1.18%) | 25.00% |
| An entry @7.63. This is a Buy Stop order right above the resistance zone. | An exit @7.54. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.09 points, which is 1.18%. | For a 0.29% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of DE. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:DE (6/4/2025, 7:00:00 PM)
7.61
-0.01 (-0.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryIndustrial Conglomerates
Performance
% Chg-0.13%
1 Week1.47%
2 Weeks2.28%
1 Month19.09%
3 Month21.37%
6 Month26.2%
12 Month0.26%
2 Year10.77%
3 Year76.98%
5 Year403.97%
10 Year204.4%
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%2.65%
ATR Inc-22.51%
Range Today0.15
ADR(20)0.2
ADR(20)%2.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.87
Mansfield1.27
10 Day High7.78
10 Day Low7.31
20 Day High7.78
20 Day Low6.4
52 Week High7.92
52 Week Low5.51
CS1 End7.6
CR1 Start7.62
Volume & EV
DER(3)-263.71%
DER(5)-235.77%
Volume11.07K
Volume Incr-39.77%
Vol(5)11.77K
Vol(50)29.60K