DESJARDINS CANDN EQU IN ETF (DMEC.CA) Stock Technical Analysis
Canada - TSX:DMEC - CA25058R1082 - ETF
We assign a technical rating of 5 out of 10 to DMEC. In the last year, DMEC was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
DMEC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 27.80, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
22.55
2 important support areas can be observed.
- A support zone ranging from 27.38 to 27.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.78 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 28.06 to 28.49. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for DMEC.CA is neutral. |
| ChartMill Relative Strength | 64.94 | NEUTRAL | DMEC.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DMEC.CA is below a declining 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) | 47.49 | NEUTRAL | The RSI value for DMEC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests DMEC.CA has a negative trend. |
| Stochastics (14,3) | 20.4 | NEUTRAL | The Stochastics value for DMEC.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.1 | LOW VOLATILITY | The low ATR as a percentage value for DMEC.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 20.69 | NEUTRAL | The ADX value for DMEC.CA suggests a possible start of a new trend. |
TSX:DMEC (11/6/2025, 7:00:00 PM)
27.81
-0.23 (-0.82%)
DESJARDINS CANDN EQU IN ETF / DMEC.CA FAQ
Can you provide the ChartMill technical rating for DESJARDINS CANDN EQU IN ETF?
ChartMill assigns a technical rating of 5 / 10 to DMEC.CA.
What is the trend direction for DMEC stock?
The current trend direction for DESJARDINS CANDN EQU IN ETF (DMEC.CA) is Bullish.
What is the RSI signal for DESJARDINS CANDN EQU IN ETF (DMEC.CA) stock?
DESJARDINS CANDN EQU IN ETF (DMEC.CA) has an RSI value of 47.4886. This indicates that the stock is currently neutral.
What is the support and resistance level for DMEC stock?
DESJARDINS CANDN EQU IN ETF (DMEC.CA) has a support level at 27.8 and a resistance level at 28.06. Check the full technical report for our detailed analysis of DMEC.CA support and resistance levels.