DESERT MOUNTAIN ENERGY CORP (DME.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:DME - CA25043D1078 - Common Stock
Overall DME gets a technical rating of 1 out of 10. DME scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 97% of all other stocks performed better in the past year than DME.
- DME is part of the Metals & Mining industry. There are 813 other stocks in this industry, of which 91% are performing better than DME.
- DME is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month DME has a been trading in the 0.20 - 0.28 range, which is quite wide. It is currently trading near the lows of this range.
DME has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 0.21, a Stop Loss order could be placed below this zone.
More info and screens
0.21
When analyzing the support we notice one important area.
- A support zone ranging from 0.21 to 0.21. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.24 to 0.24. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for DME.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DME.CA is down. |
| ChartMill Relative Strength | 3.5 | NEGATIVE | DME.CA has a low relative strength, it was outperformed by 96.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DME.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DME.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DME.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.7 | NEUTRAL | The RSI value for DME.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests DME.CA has a positive trend. |
| Stochastics (14,3) | 21.43 | NEUTRAL | The Stochastics value for DME.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 10.11 | HIGH VOLATILITY | The high ATR as a percentage value for DME.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 21.01 | NEUTRAL | The ADX value for DME.CA suggests a possible start of a new trend. |
TSX-V:DME (1/15/2026, 7:00:00 PM)
0.23
+0.02 (+6.98%)
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 1 / 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 45.6988. This indicates that the stock is currently neutral.
What is the MACD signal for DME stock?
The MACD indicator for DESERT MOUNTAIN ENERGY CORP (DME.CA) has a value of 0.00237817, 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 negative.