DENISON MINES CORP (DML.CA) Technical Analysis
TSX:DML • CA2483561072
Current stock price
DML.CA Technical Rating and Analysis
Taking everything into account, DML scores 7 out of 10 in our technical rating. In the last year, DML was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month DML has a been trading in the 4.45 - 6.04 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- When comparing the yearly performance of all stocks, we notice that DML is one of the better performing stocks in the market, outperforming 91% of all stocks. On top of that, DML also shows a nice and consistent pattern of rising prices.
- DML is part of the Oil, Gas & Consumable Fuels industry. There are 208 other stocks in this industry. DML outperforms 88% of them.
- DML has an average volume of 4267440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- DML is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DML is lagging the market slightly.
DML.CA Weekly and Daily overview Charts
DML.CA Setup Rating and Analysis
Although DML has an excellent technical rating, the quality of the presented setup is 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.
More info and screens
DML.CA Support and Resistance Analysis
3.94
2 important support areas can be observed.
- A support zone ranging from 4.58 to 4.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 3.98 to 4.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- 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 | DOWN | NEGATIVE | The short term trend for DML.CA is down. |
| ChartMill Relative Strength | 91.67 | POSITIVE | DML.CA has a high relative strength, it outperformed 91.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DML.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of DML.CA is below the rising 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) | 40.01 | NEUTRAL | The RSI value for DML.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests DML.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.31 | OVERSOLD | The low Stochastics value suggests DML.CA may be oversold. |
| Average True Range in percent/ATR (20) | 7.33 | HIGH VOLATILITY | The high ATR as a percentage value for DML.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 18.62 | NEGATIVE | The low ADX value for DML.CA suggests a weak or negative trend. |
DML.CA Chart- and CandleStick Pattern Analysis
DML.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:DML (3/23/2026, 7:00:00 PM)
4.72
+0.13 (+2.83%)
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.
What is the trend direction for DML stock?
The current trend direction for DENISON MINES CORP (DML.CA) is Bullish.
Can you provide the RSI signal for DENISON MINES CORP?
DENISON MINES CORP (DML.CA) has an RSI value of 40.0149. This indicates that the stock is currently neutral.
Can you provide the short term momentum for DENISON MINES CORP?
The short term momentum for DENISON MINES CORP (DML.CA) is negative.
What is the buy/sell signal for DENISON MINES CORP (DML.CA) stock?
The buy/sell signal for DENISON MINES CORP (DML.CA) is hold as the short term and long term trends are mixed.