DENISON MINES CORP (DML.CA) Stock Technical Analysis
Canada - TSX:DML - CA2483561072 - Common Stock
3.97 CAD
-0.02 (-0.5%)
Overall DML gets a technical rating of 9 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.
DML is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 90% of 212 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 3.25 - 4.16 range, which is quite wide. It is currently trading near the high of this range.
DML has an average volume of 3854550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that DML is one of the better performing stocks in the market, outperforming 82% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Besides having an excellent technical rating, DML also presents a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for DML in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
2.83
4.04
We found 3 important support areas.
- A support zone ranging from 3.78 to 3.82. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @3.00 from a trend line in the daily time frame.
- Support @2.86 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 3.98 to 4.00. 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 | 82.64 | POSITIVE | DML.CA has a high relative strength, it outperformed 82.64% 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) | 69.64 | 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. |
| Stochastics (14,3) | 72.48 | NEUTRAL | The Stochastics value for DML.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.97 | MEDIUM VOLATILITY | The ATR as a percentage value for DML.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 50.67 | 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 |
|---|---|---|---|
| 4.01 | 3.77 | 0.24 (5.99%) | 16.71% |
| An entry @4.01. This is a Buy Stop order right above the resistance zone. | An exit @3.77. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.24 points, which is 5.99%. | When investing 16.71% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of DML. Please evaluate whether better entry and exit points can be found.
- 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 (10/9/2025, 7:00:00 PM)
3.97
-0.02 (-0.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.5%
1 Week2.58%
2 Weeks0.25%
1 Month17.8%
3 Month63.37%
6 Month118.13%
12 Month50.95%
2 Year78.83%
3 Year130.81%
5 Year744.68%
10 Year649.06%
15 Year85.51%
Volatility
ATR(14)0.21
ATR(20)%4.97%
ATR Inc19.64%
Range Today0.22
ADR(20)0.2
ADR(20)%4.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.64
Mansfield3.32
10 Day High4.16
10 Day Low3.78
20 Day High4.16
20 Day Low3.25
52 Week High4.16
52 Week Low1.58
CS1 End3.82
CR1 Start3.98
Volume & EV
DER(3)-0.98%
DER(5)4.2%
Volume5.75M
Volume Incr16.8%
Vol(5)4.73M
Vol(50)3.85M