DIAMEDICA THERAPEUTICS INC (DMAC) Stock Technical Analysis
USA - NASDAQ:DMAC - CA25253X2077 - Common Stock
7 USD
-0.07 (-0.99%)
We assign a technical rating of 9 out of 10 to DMAC. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DMAC is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
DMAC is part of the Biotechnology industry. There are 536 other stocks in this industry. DMAC outperforms 86% of them.
DMAC 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 DMAC is lagging the market slightly.
In the last month DMAC has a been trading in the 6.57 - 7.49 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.
Looking at the yearly performance, DMAC did better than 94% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Considerably lower volume is observed in the last couple of days.
DMAC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 6.81, a Stop Loss order could be placed below this zone.
More info and screens
3.68
7.07
When analyzing the support we can see 4 important areas.
- A support zone ranging from 6.75 to 6.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.48 from a trend line in the daily time frame.
- Support @3.82 from a trend line in the weekly time frame.
- Support @3.72 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 | UP | POSITIVE | The long term trend for DMAC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DMAC is up. |
| ChartMill Relative Strength | 94.27 | POSITIVE | DMAC has a high relative strength, it outperformed 94.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DMAC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DMAC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DMAC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.9 | NEUTRAL | The RSI value for DMAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests DMAC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 50.49 | NEUTRAL | The Stochastics value for DMAC is a neutral value. |
| Average True Range in percent/ATR (20) | 5.46 | HIGH VOLATILITY | The high ATR as a percentage value for DMAC suggests high volalility. |
| Average Directional Index/ADX (14) | 28.99 | POSITIVE | The high ADX value value for DMAC 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 |
|---|---|---|---|
| 7.18 | 6.74 | 0.44 (6.13%) | 16.32% |
| An entry @7.18. This is a Buy Stop order right above the 10 day high. | An exit @6.74. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.44 points, which is 6.13%. | When investing 16.32% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of DMAC. 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.
NASDAQ:DMAC (10/6/2025, 10:45:01 AM)
7
-0.07 (-0.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.99%
1 Week1.87%
2 Weeks3.67%
1 Month15.15%
3 Month88.03%
6 Month102%
12 Month62.16%
2 Year224.31%
3 Year499.15%
5 Year61.05%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%5.46%
ATR Inc-30.86%
Range Today0.19
ADR(20)0.35
ADR(20)%5.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.27
Mansfield2.69
10 Day High7.17
10 Day Low6.65
20 Day High7.49
20 Day Low6.57
52 Week High7.49
52 Week Low3.19
CS1 End6.81
CR1 StartN/A
Volume & EV
DER(3)0.48%
DER(5)-0.41%
Volume86.47K
Volume Incr-62.6%
Vol(5)181.50K
Vol(50)387.69K