DESJARDINS AMRICAN EQ IN ETF (DMEU.CA) Stock Technical Analysis
TSX:DMEU - Toronto Stock Exchange - CA25060D1050 - ETF - Currency: CAD
We assign a technical rating of 8 out of 10 to DMEU. Although DMEU is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: DMEU has an average volume of 12606 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
DMEU 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 DMEU is lagging the market slightly.
When compared to the yearly performance of all other stocks, DMEU outperforms 65% of them, which is more or less in line with the market.
In the last month DMEU has a been trading in a tight range between 23.71 and 25.08.
Although DMEU has an excellent technical rating, it does not present a decent entry opportunity 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
20.74
25.70
We found 4 important support areas.
- A support zone ranging from 23.97 to 24.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.57 to 23.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @23.09 from a horizontal line in the daily time frame.
- Support @20.95 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.35 to 25.45. 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 DMEU.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DMEU.CA is up. |
| ChartMill Relative Strength | 65.24 | NEUTRAL | DMEU.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DMEU.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DMEU.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DMEU.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.19 | NEUTRAL | The RSI value for DMEU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests DMEU.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.51 | OVERBOUGHT | The high Stochastics value suggests DMEU.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.65 | LOW VOLATILITY | The low ATR as a percentage value for DMEU.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 32.38 | POSITIVE | The high ADX value value for DMEU.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:DMEU (7/18/2025, 7:00:00 PM)
24.99
-0.09 (-0.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.36%
1 Week0.81%
2 Weeks1.92%
1 Month6.02%
3 Month18.55%
6 Month-0.44%
12 Month14.53%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%0.65%
ATR Inc26.65%
Range Today0.02
ADR(20)0.11
ADR(20)%0.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.24
Mansfield-0.15
10 Day High25.08
10 Day Low24.61
20 Day High25.08
20 Day Low23.71
52 Week High25.64
52 Week Low19.97
CS1 End24.94
CR1 Start25.35
Volume & EV
DER(3)3.14%
DER(5)1.88%
Volume215
Volume Incr-25.1%
Vol(5)12.72K
Vol(50)12.61K