DENISON MINES CORP (DML.CA) Stock Technical Analysis
TSX:DML - Toronto Stock Exchange - CA2483561072 - Common Stock - Currency: CAD
We assign a technical rating of 5 out of 10 to DML. Recently some decent action could be observed, but in the medium term time frame this is still negative. DML was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, DML is a bad performer in the overall market: 64% of all stocks are doing better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month DML has a been trading in the 1.95 - 2.47 range, which is quite wide. It is currently trading near the high of this range.
DML has an average volume of 2300460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
DML is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 54% of 209 stocks in the same industry.
DML is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DML is lagging the market.
Volume is considerably higher in the last couple of days.
DML has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. 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
2.05
3.32
We found 2 important support areas.
- A support zone ranging from 2.14 to 2.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.07 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 2.38 to 2.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.29 from a horizontal line in the weekly 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 | UP | POSITIVE | The short term trend for DML.CA is up. |
| ChartMill Relative Strength | 36.35 | NEUTRAL | DML.CA is not amongst the best or worst performers 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 | MIXED | The current price of DML.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.89 | NEUTRAL | The RSI value for DML.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests DML.CA has a positive trend. |
| Stochastics (14,3) | 69.98 | NEUTRAL | The Stochastics value for DML.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.28 | HIGH VOLATILITY | The high ATR as a percentage value for DML.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 19.63 | NEGATIVE | The low ADX value for DML.CA suggests a weak or negative 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)
TSX:DML (6/9/2025, 7:00:00 PM)
2.37
+0.09 (+3.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg3.95%
1 Week13.94%
2 Weeks-1.25%
1 Month9.22%
3 Month19.1%
6 Month-20.2%
12 Month-16.84%
2 Year42.77%
3 Year86.61%
5 Year393.75%
10 Year163.33%
15 Year86.61%
Volatility
ATR(14)0.14
ATR(20)%5.28%
ATR Inc7.69%
Range Today0.15
ADR(20)0.11
ADR(20)%4.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.35
Mansfield-0.88
10 Day High2.47
10 Day Low2.08
20 Day High2.47
20 Day Low1.95
52 Week High3.45
52 Week Low1.58
CS1 End2.14
CR1 Start2.38
Volume & EV
DER(3)-2.15%
DER(5)-1.08%
Volume4.43M
Volume Incr55.66%
Vol(5)3.61M
Vol(50)2.30M