DEFENSE METALS CORP (DEFN.CA) Technical Analysis
TSX-V:DEFN • CA2446331035
Current stock price
DEFN.CA Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to DEFN. DEFN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When comparing the performance of all stocks over the past year, DEFN turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
- DEFN is an average performer in the Metals & Mining industry, it outperforms 41% of 801 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.
- In the last month DEFN has a been trading in the 0.20 - 0.24 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
DEFN.CA Weekly and Daily overview Charts
DEFN.CA Setup Rating and Analysis
Although the technical rating is bad, DEFN does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.24. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.21, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DEFN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
DEFN.CA Support and Resistance Analysis
0.21
When analyzing the support we notice one important area.
- A support zone ranging from 0.21 to 0.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 0.24 to 0.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.26 from a trend line in the daily time frame.
- Resistance @0.27 from a trend line in the daily time frame.
DEFN.CA Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for DEFN.CA is neutral. |
| ChartMill Relative Strength | 63.11 | NEUTRAL | DEFN.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of DEFN.CA is above 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) | 51.2 | NEUTRAL | The RSI value for DEFN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests DEFN.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.95 | OVERBOUGHT | The high Stochastics value suggests DEFN.CA may be overbought. |
| Average True Range in percent/ATR (20) | 5.27 | HIGH VOLATILITY | The high ATR as a percentage value for DEFN.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 20.99 | NEUTRAL | The ADX value for DEFN.CA suggests a possible start of a new trend. |
DEFN.CA Chart- and CandleStick Pattern Analysis
DEFN.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:DEFN (4/21/2026, 7:00:00 PM)
0.23
-0.01 (-4.17%)
DEFENSE METALS CORP / DEFN.CA TA FAQ
What is the ChartMill technical rating of DEFENSE METALS CORP (DEFN.CA) stock?
ChartMill assigns a technical rating of 2 / 10 to DEFN.CA.
Can you provide the trend direction for DEFENSE METALS CORP?
The current trend direction for DEFENSE METALS CORP (DEFN.CA) is Bearish.
What is the RSI signal for DEFENSE METALS CORP (DEFN.CA) stock?
DEFENSE METALS CORP (DEFN.CA) has an RSI value of 51.2017. This indicates that the stock is currently neutral.
What is the short term momentum for DEFENSE METALS CORP (DEFN.CA) stock?
The short term momentum for DEFENSE METALS CORP (DEFN.CA) is neutral.