DENISON MINES CORP (DML.CA) Technical Analysis
TSX:DML • CA2483561072
Current stock price
DML.CA Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to DML. In the last year, DML was one of the better performers, but we do observe some doubts in the very recent evolution.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When comparing the yearly performance of all stocks, we notice that DML is one of the better performing stocks in the market, outperforming 89% of all stocks. On top of that, DML also shows a nice and consistent pattern of rising prices.
- DML is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 82% of 204 stocks in the same industry.
- DML 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 DML is lagging the market slightly.
- DML has an average volume of 3908930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month DML has a been trading in the 4.45 - 5.33 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
DML.CA Weekly and Daily overview Charts
DML.CA Setup Rating and Analysis
DML has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 4.94, a Stop Loss order could be placed below this zone.
More info and screens
DML.CA Support and Resistance Analysis
4.07
We found 4 important support areas.
- A support zone ranging from 4.89 to 4.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.74 from a trend line in the daily time frame.
- A support zone ranging from 4.58 to 4.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 4.11 to 4.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 5.16 to 5.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @5.83 from a horizontal line in the daily time frame.
DML.CA Technical Indicator Signal Analysis
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 DML.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DML.CA is neutral. |
| ChartMill Relative Strength | 89.85 | POSITIVE | DML.CA has a high relative strength, it outperformed 89.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of DML.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DML.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DML.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.76 | NEUTRAL | The RSI value for DML.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests DML.CA has a positive trend. |
| Stochastics (14,3) | 59.1 | NEUTRAL | The Stochastics value for DML.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.93 | HIGH VOLATILITY | The high ATR as a percentage value for DML.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 12.46 | NEGATIVE | The low ADX value for DML.CA suggests a weak or negative trend. |
DML.CA Chart- and CandleStick Pattern Analysis
DML.CA Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 5.21 | 4.88 | 0.33 (6.33%) | 15.79% |
| An entry @5.21. This is a Buy Stop order right above the resistance zone. | An exit @4.88. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.33 points, which is 6.33%. | When investing 15.79% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of DML. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
DML.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:DML (4/13/2026, 7:00:00 PM)
5.15
+0.22 (+4.46%)
DENISON MINES CORP / DML.CA TA FAQ
What is the technical rating for DML stock?
ChartMill assigns a technical rating of 7 / 10 to DML.CA.
Can you provide the trend direction for DENISON MINES CORP?
The current trend direction for DENISON MINES CORP (DML.CA) is Bullish.
What is the RSI signal for DML stock?
DENISON MINES CORP (DML.CA) has an RSI value of 53.7616. This indicates that the stock is currently neutral.
What is the short term momentum for DML stock?
The short term momentum for DENISON MINES CORP (DML.CA) is neutral.
What are the support and resistance levels for DENISON MINES CORP (DML.CA) stock?
DENISON MINES CORP (DML.CA) has a support level at 4.94 and a resistance level at 5.16. Check the full technical report for our detailed analysis of DML.CA support and resistance levels.