DISCOVERY HARBOUR RESOURCES (DHR.CA) Stock Technical Analysis
TSX-V:DHR - TSX Venture Exchange - CA25470W3057 - Common Stock - Currency: CAD
We assign a technical rating of 2 out of 10 to DHR. DHR 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.
DHR is one of the lesser performing stocks in the Industrial Conglomerates industry. 133% of 4 stocks in the same industry do better.
DHR is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DHR is lagging the market.
Warning: DHR has an average volume of 14131 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month DHR has a been trading in the 0.06 - 0.09 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, DHR turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
Although the technical rating is bad, DHR does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 0.06, a Stop Loss order could be placed below this zone.
More info and screens
0.06
0.09
We found 1 important support area.
- A support zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.09 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 DHR.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DHR.CA is neutral. |
| ChartMill Relative Strength | 67.15 | NEUTRAL | DHR.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DHR.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DHR.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DHR.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.22 | NEUTRAL | The RSI value for DHR.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests DHR.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for DHR.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 11.79 | HIGH VOLATILITY | The high ATR as a percentage value for DHR.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.5 | NEGATIVE | The low ADX value for DHR.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:DHR (6/4/2025, 7:00:00 PM)
0.07
0 (-6.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryIndustrial Conglomerates
Performance
% Chg-6.67%
1 Week7.69%
2 Weeks7.69%
1 Month0%
3 Month-6.67%
6 Month-12.5%
12 Month27.27%
2 Year27.27%
3 Year366.67%
5 Year0%
10 Year0%
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%11.79%
ATR Inc47.37%
Range Today0
ADR(20)0
ADR(20)%2.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.15
Mansfield-1.88
10 Day High0.09
10 Day Low0.06
20 Day High0.09
20 Day Low0.06
52 Week High0.13
52 Week Low0.05
CS1 End0.06
CR1 Start0.07
Volume & EV
DER(3)0%
DER(5)0%
Volume5.00K
Volume Incr79.04%
Vol(5)24.40K
Vol(50)14.13K