DENISON MINES CORP (DML.CA) Stock Technical Analysis
TSX:DML • CA2483561072
Overall DML gets a technical rating of 10 out of 10. Both in the recent history as in the last year, DML has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that DML is one of the better performing stocks in the market, outperforming 88% 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 203 other stocks in this industry. DML outperforms 92% of them.
- DML is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month DML has a been trading in the 4.70 - 5.97 range, which is quite wide. It is currently trading near the high of this range.
- DML has an average volume of 4003870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Besides having an excellent technical rating, DML also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 5.17, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DML 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
3.72
3 important support areas can be observed.
- A support zone ranging from 5.15 to 5.17. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @5.04 from a horizontal line in the weekly time frame.
- A support zone ranging from 3.76 to 3.79. 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 DML.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DML.CA is up. |
| ChartMill Relative Strength | 88.94 | POSITIVE | DML.CA has a high relative strength, it outperformed 88.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DML.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DML.CA is above 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) | 59.54 | NEUTRAL | The RSI value for DML.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests DML.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 73.12 | NEUTRAL | The Stochastics value for DML.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.78 | HIGH VOLATILITY | The high ATR as a percentage value for DML.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 26.63 | POSITIVE | The high ADX value value for DML.CA suggests a strong trend. |
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 |
|---|---|---|---|
| 5.79 | 5.14 | 0.65 (11.23%) | 8.91% |
| An entry @5.79. This is a Buy Stop order right above the 10 day high. | An exit @5.14. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.65 points, which is 11.23%. | When investing 8.91% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
TSX:DML (2/20/2026, 7:00:00 PM)
5.57
0 (0%)
DENISON MINES CORP / DML.CA FAQ
What is the technical rating for DML stock?
ChartMill assigns a technical rating of 10 / 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 59.5403. 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 positive.
What is the buy/sell signal for DENISON MINES CORP (DML.CA) stock?
The buy/sell signal for DENISON MINES CORP (DML.CA) is buy as both the short term and long term trends are positive.