DMG BLOCKCHAIN SOLUTIONS -29 (DMGI-WT.CA) Stock Technical Analysis
TSX-V:DMGI-WT - TSX Venture Exchange - - Currency: CAD
Taking everything into account, DMGI-WT scores 6 out of 10 in our technical rating. In the last year, DMGI-WT was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
DMGI-WT has an average technical rating and the quality of the presented setup is also not ideal 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.
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0.12
When analyzing the support we notice one important area.
- A support zone ranging from 0.12 to 0.12. 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 DMGI-WT.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DMGI-WT.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | DMGI-WT.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DMGI-WT.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DMGI-WT.CA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 54.58 | NEUTRAL | The RSI value for DMGI-WT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests DMGI-WT.CA has a positive trend. |
| Stochastics (14,3) | 96.97 | OVERBOUGHT | The high Stochastics value suggests DMGI-WT.CA may be overbought. |
| Average True Range in percent/ATR (20) | 9.04 | HIGH VOLATILITY | The high ATR as a percentage value for DMGI-WT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 9.28 | NEGATIVE | The low ADX value for DMGI-WT.CA suggests a weak or negative trend. |
TSX-V:DMGI-WT (7/16/2025, 7:00:00 PM)
0.13
0 (0%)