DEFENSE METALS CORP (DEFN.CA) Stock Technical Analysis
Canada - TSX-V:DEFN - CA2446331035 - Common Stock
0.155 CAD
-0.05 (-22.5%)
We assign a technical rating of 2 out of 10 to DEFN. Although DEFN is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month DEFN has a been trading in the 0.14 - 0.24 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Looking at the yearly performance, DEFN did better than 74% of all other stocks.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
DEFN is an average performer in the Metals & Mining industry, it outperforms 47% of 807 stocks in the same industry.
DEFN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DEFN is lagging the market.
The technical rating of DEFN is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.15
0.23
We can see 2 important resistance areas.
- Resistance @0.22 from a trend line in the weekly time frame.
- A resistance zone ranging from 0.23 to 0.23. This zone is formed by a combination of multiple trend lines in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for DEFN.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DEFN.CA is down. |
| ChartMill Relative Strength | 74.52 | POSITIVE | DEFN.CA has a high relative strength, it outperformed 74.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DEFN.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DEFN.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of DEFN.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 27.42 | OVERSOLD | The low RSI value suggests DEFN.CA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests DEFN.CA has a negative trend. |
| Stochastics (14,3) | 23.18 | NEUTRAL | The Stochastics value for DEFN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.84 | HIGH VOLATILITY | The high ATR as a percentage value for DEFN.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.01 | NEGATIVE | The low ADX value for DEFN.CA suggests a weak or negative 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)
TSX-V:DEFN (9/19/2025, 7:00:00 PM)
0.155
-0.05 (-22.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-22.5%
1 Week-24.39%
2 Weeks-22.5%
1 Month-27.91%
3 Month-16.22%
6 Month0%
12 Month72.22%
2 Year-16.22%
3 Year-34.04%
5 Year0%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%9.84%
ATR Inc145.95%
Range Today0.05
ADR(20)0.01
ADR(20)%9.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.52
Mansfield-1.17
10 Day High0.21
10 Day Low0.14
20 Day High0.24
20 Day Low0.14
52 Week High0.26
52 Week Low0.08
CS1 EndN/A
CR1 Start0.22
Volume & EV
DER(3)-59.01%
DER(5)-45.89%
Volume4.01M
Volume Incr272.19%
Vol(5)954.15K
Vol(50)389.54K