DEFENSE METALS CORP (DEFN.CA) Stock Technical Analysis
TSX-V:DEFN • CA2446331035
Taking everything into account, DEFN scores 2 out of 10 in our technical rating. 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.
- DEFN is one of the lesser performing stocks in the Metals & Mining industry. 72% of 812 stocks in the same industry do better.
- In the last month DEFN has a been trading in the 0.23 - 0.34 range, which is quite wide. It is currently trading near the lows of this range.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When compared to the yearly performance of all other stocks, DEFN outperforms 61% of them, which is more or less in line with the market.
- 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.
- Considerably lower volume is observed in the last couple of days.
DEFN has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.18
When analyzing the support we can see 2 important areas.
- Support @0.19 from a trend line in the weekly time frame.
- A support zone ranging from 0.18 to 0.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @0.29 from a trend line in the daily time frame.
- Resistance @0.31 from a trend line 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 | 61.73 | NEUTRAL | DEFN.CA is not amongst the best or worst performers 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) | UP | MIXED | The current price of DEFN.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DEFN.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.55 | NEUTRAL | The RSI value for DEFN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests DEFN.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 3.3 | OVERSOLD | The low Stochastics value suggests DEFN.CA may be oversold. |
| Average True Range in percent/ATR (20) | 8.78 | HIGH VOLATILITY | The high ATR as a percentage value for DEFN.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 16.18 | NEGATIVE | The low ADX value for DEFN.CA suggests a weak or negative trend. |
TSX-V:DEFN (2/12/2026, 7:00:00 PM)
0.235
-0.01 (-2.08%)
DEFENSE METALS CORP / DEFN.CA 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 DEFN stock?
DEFENSE METALS CORP (DEFN.CA) has an RSI value of 35.5486. This indicates that the stock is currently neutral.
What is the support and resistance level for DEFN stock?
DEFENSE METALS CORP (DEFN.CA) has a support level at 0.19 and a resistance level at 0.29. Check the full technical report for our detailed analysis of DEFN.CA support and resistance levels.