DEFENSE METALS CORP (DEFN.CA) Stock Technical Analysis
Canada - TSX-V:DEFN - CA2446331035 - Common Stock
0.305 CAD
-0.04 (-12.86%)
We assign a technical rating of 10 out of 10 to DEFN. In the last year, DEFN was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Looking at the yearly performance, DEFN did better than 91% of all other stocks. On top of that, DEFN also shows a nice and consistent pattern of rising prices.
DEFN is one of the better performing stocks in the Metals & Mining industry, it outperforms 77% of 810 stocks in the same industry.
DEFN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DEFN is lagging the market slightly.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
In the last month DEFN has a been trading in the 0.14 - 0.42 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although DEFN has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.15
0.31
2 important support areas can be observed.
- A support zone ranging from 0.16 to 0.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.15 from a horizontal 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 | UP | POSITIVE | The short term trend for DEFN.CA is up. |
| ChartMill Relative Strength | 91.67 | POSITIVE | DEFN.CA has a high relative strength, it outperformed 91.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DEFN.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DEFN.CA is above 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) | 68 | NEUTRAL | The RSI value for DEFN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests DEFN.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.16 | NEUTRAL | The Stochastics value for DEFN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 10.49 | HIGH VOLATILITY | The high ATR as a percentage value for DEFN.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 32.39 | POSITIVE | The high ADX value value for DEFN.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)
TSX-V:DEFN (10/15/2025, 7:00:00 PM)
0.305
-0.04 (-12.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-12.86%
1 Week32.61%
2 Weeks90.63%
1 Month52.5%
3 Month41.86%
6 Month84.85%
12 Month190.48%
2 Year60.53%
3 Year29.79%
5 Year69.44%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%10.49%
ATR Inc322.06%
Range Today0.07
ADR(20)0.03
ADR(20)%8.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.67
Mansfield6.75
10 Day High0.42
10 Day Low0.15
20 Day High0.42
20 Day Low0.14
52 Week High0.42
52 Week Low0.09
CS1 End0.16
CR1 StartN/A
Volume & EV
DER(3)-1.27%
DER(5)-1.76%
Volume2.91M
Volume Incr268.25%
Vol(5)3.39M
Vol(50)846.82K