DESJARDINS CANDN EQU IN ETF (DMEC.CA) Stock Technical Analysis
TSX:DMEC - Toronto Stock Exchange - CA25058R1082 - ETF - Currency: CAD
We assign a technical rating of 10 out of 10 to DMEC. Both in the recent history as in the last year, DMEC has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: DMEC has an average volume of 19108 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, DMEC did better than 72% of all other stocks. We also observe that the gains produced by DMEC over the past year are nicely spread over this period.
A new 52 week high is currently being made by DMEC, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month DMEC has a been trading in a tight range between 24.07 and 25.17.
Considerably lower volume is observed in the last couple of days.
Although DMEC has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
21.06
25.12
When analyzing the support we can see 3 important areas.
- A support zone ranging from 23.93 to 24.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @21.99 from a trend line in the weekly time frame.
- A support zone ranging from 21.27 to 21.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 24.87 to 24.87. 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 | UP | POSITIVE | The long term trend for DMEC.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DMEC.CA is up. |
| ChartMill Relative Strength | 72.8 | POSITIVE | DMEC.CA has a high relative strength, it outperformed 72.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DMEC.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DMEC.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DMEC.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.44 | OVERBOUGHT | The high RSI value suggests DMEC.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests DMEC.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 82.38 | OVERBOUGHT | The high Stochastics value suggests DMEC.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.53 | LOW VOLATILITY | The low ATR as a percentage value for DMEC.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 41.63 | POSITIVE | The high ADX value value for DMEC.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)
TSX:DMEC (6/16/2025, 7:00:00 PM)
24.86
+0.13 (+0.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.53%
1 Week1.18%
2 Weeks1.1%
1 Month2.73%
3 Month6.1%
6 Month8.8%
12 Month24.61%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%0.53%
ATR Inc140.49%
Range Today0.31
ADR(20)0.1
ADR(20)%0.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.8
Mansfield0.42
10 Day High25.17
10 Day Low24.55
20 Day High25.17
20 Day Low24.07
52 Week High25.17
52 Week Low19.98
CS1 End24.67
CR1 Start24.87
Volume & EV
DER(3)0.79%
DER(5)0.47%
Volume15.67K
Volume Incr9.72%
Vol(5)7.75K
Vol(50)19.11K