DESJARDINS MID CAP INDEX ETF (DMID.CA) Stock Technical Analysis
Canada - TSX:DMID - CA25060T1003 - ETF
Overall DMID gets a technical rating of 3 out of 10. In the last year, DMID was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
DMID has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 20.72. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for DMID in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
19.89
When analyzing the support we notice one important area.
- A support zone ranging from 20.09 to 20.09. 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 20.72 to 20.74. 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 DMID.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DMID.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | DMID.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Relative Strength Index/RSI (14) | 58.37 | NEUTRAL | The RSI value for DMID.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.63 | NEGATIVE | The MACD value suggests DMID.CA has a negative trend. |
| Stochastics (14,3) | 80.37 | OVERBOUGHT | The high Stochastics value suggests DMID.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.06 | LOW VOLATILITY | The low ATR as a percentage value for DMID.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 17.2 | NEGATIVE | The low ADX value for DMID.CA suggests a weak or negative trend. |
TSX:DMID (10/16/2025, 7:00:00 PM)
20.71
+0.02 (+0.1%)