DMG BLOCKCHAIN SOLUTIONS INC (DMGI.CA) Stock Technical Analysis
Canada - TSX-V:DMGI - CA23345B2003 - Common Stock
We assign a technical rating of 6 out of 10 to DMGI. In the last year, DMGI 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.
DMGI has an average technical rating and the quality of the presented setup is also not ideal at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
0.22
When analyzing the support we can see 4 important areas.
- Support @0.46 from a horizontal line in the weekly time frame.
- Support @0.44 from a horizontal line in the daily time frame.
- Support @0.27 from a trend line in the daily time frame.
- Support @0.22 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.49 to 0.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.54 from a trend line in the weekly time frame.
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.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DMGI.CA is neutral. |
| ChartMill Relative Strength | 77.23 | POSITIVE | DMGI.CA has a high relative strength, it outperformed 77.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DMGI.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DMGI.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DMGI.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.11 | NEUTRAL | The RSI value for DMGI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests DMGI.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.85 | OVERSOLD | The low Stochastics value suggests DMGI.CA may be oversold. |
| Average True Range in percent/ATR (20) | 12.55 | HIGH VOLATILITY | The high ATR as a percentage value for DMGI.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 31.49 | POSITIVE | The high ADX value value for DMGI.CA suggests a strong trend. |
TSX-V:DMGI (11/3/2025, 7:00:00 PM)
0.48
+0.01 (+3.23%)
DMG BLOCKCHAIN SOLUTIONS INC / DMGI.CA FAQ
Can you provide the ChartMill technical rating for DMG BLOCKCHAIN SOLUTIONS INC?
ChartMill assigns a technical rating of 6 / 10 to DMGI.CA.
Can you provide the trend direction for DMG BLOCKCHAIN SOLUTIONS INC?
The current trend direction for DMG BLOCKCHAIN SOLUTIONS INC (DMGI.CA) is Bullish.
What is the RSI signal for DMGI stock?
DMG BLOCKCHAIN SOLUTIONS INC (DMGI.CA) has an RSI value of 50.1148. This indicates that the stock is currently neutral.
What is the MACD signal for DMGI stock?
The MACD indicator for DMG BLOCKCHAIN SOLUTIONS INC (DMGI.CA) has a value of -0.0163105, indicating a bearish trend.