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 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DML is showing a nice and steady performance.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, DML did better than 88% of all other 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 81% of them.
- 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 3761210 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 4.54 - 5.70 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 very little resistance above the current price. There is a support zone below the current price at 5.13, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
DML.CA Support and Resistance Analysis
4.04
When analyzing the support we can see 5 important areas.
- A support zone ranging from 5.03 to 5.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.91 from a trend line in the daily time frame.
- 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.
- Support @4.25 from a trend line in the weekly time frame.
- Support @4.08 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @5.55 from a trend line 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 | 88.88 | POSITIVE | DML.CA has a high relative strength, it outperformed 88.88% 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) | 52.69 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 57.58 | NEUTRAL | The Stochastics value for DML.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.58 | HIGH VOLATILITY | The high ATR as a percentage value for DML.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 12.82 | 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 |
|---|---|---|---|
| 5.56 | 5.10 | 0.46 (8.27%) | 12.09% |
| An entry @5.56. This is a Buy Stop order right above the resistance zone. | An exit @5.10. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.46 points, which is 8.27%. | When investing 12.09% 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.
DML.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:DML (4/27/2026, 7:00:00 PM)
5.28
+0.08 (+1.54%)
DENISON MINES CORP / DML.CA TA FAQ
What is the technical rating for DML stock?
ChartMill assigns a technical rating of 9 / 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 52.6879. 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 5.13 and a resistance level at 5.55. Check the full technical report for our detailed analysis of DML.CA support and resistance levels.