DENISON MINES CORP (DML.CA) Stock Technical Analysis
Canada - TSX:DML - CA2483561072 - Common Stock
3.54 CAD
+0.04 (+1.14%)
Taking everything into account, DML scores 10 out of 10 in our technical rating. 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.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that DML is one of the better performing stocks in the market, outperforming 84% of all stocks.
DML is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 91% of 216 stocks in the same industry.
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 2.64 - 3.58 range, which is quite wide. It is currently trading near the high of this range.
DML has an average volume of 3450320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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
2.70
3.58
When analyzing the support we can see 2 important areas.
- Support @2.84 from a trend line in the daily time frame.
- Support @2.73 from a trend line in the daily time frame.
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 | 84.46 | POSITIVE | DML.CA has a high relative strength, it outperformed 84.46% 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) | 68.01 | 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) | 86.78 | OVERBOUGHT | The high Stochastics value suggests DML.CA may be overbought. |
| Average True Range in percent/ATR (20) | 4.11 | MEDIUM VOLATILITY | The ATR as a percentage value for DML.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 36.82 | POSITIVE | The high ADX value value for DML.CA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 3.59 | 3.08 | 0.51 (14.21%) | 7.04% |
| An entry @3.59. This is a Buy Stop order right above the 10 day high. | An exit @3.08. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.51 points, which is 14.21%. | For a 1.00% total portfolio risk, you can invest 7.04% of your capital in this trade. |
- 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 (9/18/2025, 7:00:00 PM)
3.54
+0.04 (+1.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.14%
1 Week5.04%
2 Weeks12.03%
1 Month33.08%
3 Month49.37%
6 Month64.65%
12 Month55.26%
2 Year58.74%
3 Year119.88%
5 Year532.14%
10 Year608%
15 Year110.71%
Volatility
ATR(14)0.15
ATR(20)%4.11%
ATR Inc-18.84%
Range Today0.11
ADR(20)0.14
ADR(20)%3.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.46
Mansfield2.27
10 Day High3.58
10 Day Low3.09
20 Day High3.58
20 Day Low2.64
52 Week High3.58
52 Week Low1.58
CS1 End2.84
CR1 StartN/A
Volume & EV
DER(3)3.52%
DER(5)3.11%
Volume2.26M
Volume Incr-2.01%
Vol(5)3.25M
Vol(50)3.45M