DEFINITY FINANCIAL CORP (DFY.CA) Stock Technical Analysis
TSX:DFY - Toronto Stock Exchange - CA24477T1003 - Common Stock - Currency: CAD
We assign a technical rating of 10 out of 10 to DFY. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DFY is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, DFY did better than 85% of all other stocks. We also observe that the gains produced by DFY over the past year are nicely spread over this period.
DFY is one of the better performing stocks in the Insurance industry, it outperforms 97% of 81 stocks in the same industry.
DFY is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month DFY has a been trading in a tight range between 75.82 and 79.95.
Besides having an excellent technical rating, DFY also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 76.16, a Stop Loss order could be placed below this zone.
More info and screens
63.51
80.16
When analyzing the support we can see 4 important areas.
- A support zone ranging from 76.16 to 76.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @70.70 from a trend line in the daily time frame.
- Support @68.06 from a trend line in the daily time frame.
- Support @64.15 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 77.17 to 79.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 DFY.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DFY.CA is up. |
| ChartMill Relative Strength | 85.32 | POSITIVE | DFY.CA has a high relative strength, it outperformed 85.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DFY.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DFY.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DFY.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.68 | NEUTRAL | The RSI value for DFY.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.45 | NEGATIVE | The MACD value suggests DFY.CA has a negative trend. |
| Stochastics (14,3) | 7.53 | OVERSOLD | The low Stochastics value suggests DFY.CA may be oversold. |
| Average True Range in percent/ATR (20) | 1.76 | LOW VOLATILITY | The low ATR as a percentage value for DFY.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 32.36 | POSITIVE | The high ADX value value for DFY.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 |
|---|---|---|---|
| 77.18 | 76.15 | 1.03 (1.34%) | 25.00% |
| An entry @77.18. This is a Buy Stop order right above the 10 day moving average. | An exit @76.15. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.03 points, which is 1.34%. | For a 0.33% 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 DFY. 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:DFY (7/17/2025, 7:00:00 PM)
76.17
-0.13 (-0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.17%
1 Week-1.47%
2 Weeks-1.94%
1 Month0%
3 Month18.15%
6 Month39.86%
12 Month67.96%
2 Year129.5%
3 Year106.42%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.48
ATR(20)%1.76%
ATR Inc-12.35%
Range Today1.47
ADR(20)1.33
ADR(20)%1.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.32
Mansfield1.62
10 Day High79.03
10 Day Low76.08
20 Day High79.95
20 Day Low75.82
52 Week High79.95
52 Week Low45.67
CS1 End76.16
CR1 Start77.17
Volume & EV
DER(3)-1.1%
DER(5)-1.47%
Volume90.67K
Volume Incr-0.55%
Vol(5)124.43K
Vol(50)162.71K