DESERT MOUNTAIN ENERGY CORP (DME.CA) Technical Analysis
TSX-V:DME • CA25043D1078
We assign a technical rating of 8 out of 10 to DME. Although DME has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- Looking at the yearly performance, DME did better than 87% of all other stocks.
- In the last month DME has a been trading in the 0.22 - 0.47 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- DME is an average performer in the Metals & Mining industry, it outperforms 68% of 815 stocks in the same industry.
- DME is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DME is lagging the market slightly.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although DME has an excellent technical rating, it does not offer a high quality setup 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
0.21
2 important support areas can be observed.
- Support @0.23 from a trend line in the weekly time frame.
- Support @0.21 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 DME.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DME.CA is up. |
| ChartMill Relative Strength | 87.85 | POSITIVE | DME.CA has a high relative strength, it outperformed 87.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DME.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DME.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DME.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 78.14 | OVERBOUGHT | The high RSI value suggests DME.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests DME.CA has a positive trend. |
| Stochastics (14,3) | 73.47 | NEUTRAL | The Stochastics value for DME.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.2 | HIGH VOLATILITY | The high ATR as a percentage value for DME.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 21.99 | NEUTRAL | The ADX value for DME.CA suggests a possible start of a new trend. |
DME.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:DME (3/12/2026, 7:00:00 PM)
0.455
+0.15 (+46.77%)
DESERT MOUNTAIN ENERGY CORP / DME.CA FAQ
Can you provide the ChartMill technical rating for DESERT MOUNTAIN ENERGY CORP?
ChartMill assigns a technical rating of 8 / 10 to DME.CA.
What is the trend direction for DME stock?
The current trend direction for DESERT MOUNTAIN ENERGY CORP (DME.CA) is Bearish.
What is the RSI signal for DME stock?
DESERT MOUNTAIN ENERGY CORP (DME.CA) has an RSI value of 78.1428. This indicates that the stock is currently overbought.
What is the MACD signal for DME stock?
The MACD indicator for DESERT MOUNTAIN ENERGY CORP (DME.CA) has a value of 0.0175372, indicating a bearish trend.
Can you provide the short term momentum for DESERT MOUNTAIN ENERGY CORP?
The short term momentum for DESERT MOUNTAIN ENERGY CORP (DME.CA) is positive.