DENISON MINES CORP (DML.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:DML - CA2483561072 - Common Stock
We assign a technical rating of 3 out of 10 to DML. In the last year, DML was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
The technical rating of DML is bad and it also does not present a quality setup 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
3.16
2 important support areas can be observed.
- Support @3.25 from a trend line in the daily time frame.
- A support zone ranging from 3.19 to 3.19. 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 3.61 to 3.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.49 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for DML.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DML.CA is down. |
| ChartMill Relative Strength | 56.31 | NEUTRAL | DML.CA is not amongst the best or worst performers 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) | 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) | 49.05 | NEUTRAL | The RSI value for DML.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests DML.CA has a positive trend. |
| Stochastics (14,3) | 75.51 | NEUTRAL | The Stochastics value for DML.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.15 | HIGH VOLATILITY | The high ATR as a percentage value for DML.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 20.23 | NEUTRAL | The ADX value for DML.CA suggests a possible start of a new trend. |
TSX:DML (11/28/2025, 7:00:00 PM)
3.6
+0.04 (+1.12%)
DENISON MINES CORP / DML.CA FAQ
What is the technical rating for DML stock?
ChartMill assigns a technical rating of 3 / 10 to DML.CA.
What is the current trend direction of DENISON MINES CORP (DML.CA) stock?
The current trend direction for DENISON MINES CORP (DML.CA) is Bearish.
Can you provide the RSI signal for DENISON MINES CORP?
DENISON MINES CORP (DML.CA) has an RSI value of 49.0468. 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 negative.
What are the support and resistance levels for DENISON MINES CORP (DML.CA) stock?
DENISON MINES CORP (DML.CA) has a support level at 3.25 and a resistance level at 3.61. Check the full technical report for our detailed analysis of DML.CA support and resistance levels.