DENISON MINES CORP (DML.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:DML • CA2483561072
5.03 CAD
-0.55 (-9.86%)
Last: Feb 4, 2026, 07:00 PM
We assign a technical rating of 10 out of 10 to DML. 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- Looking at the yearly performance, DML did better than 81% 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 216 other stocks in this industry. DML outperforms 87% 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 3782500 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 4.53 - 5.97 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
3.62
5.08
3 important support areas can be observed.
- A support zone ranging from 5.02 to 5.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.81 from a trend line in the daily time frame.
- A support zone ranging from 3.66 to 3.70. 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 | NEUTRAL | NEUTRAL | The short term trend for DML.CA is neutral. |
| ChartMill Relative Strength | 81.43 | POSITIVE | DML.CA has a high relative strength, it outperformed 81.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DML.CA is below 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) | 51.81 | NEUTRAL | The RSI value for DML.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests DML.CA has a negative trend. |
| Stochastics (14,3) | 42.43 | NEUTRAL | The Stochastics value for DML.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.62 | HIGH VOLATILITY | The high ATR as a percentage value for DML.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 43.61 | 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)
TSX:DML (2/4/2026, 7:00:00 PM)
5.03
-0.55 (-9.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-9.86%
1 Week-13.72%
2 Weeks-3.27%
1 Month9.11%
3 Month39.34%
6 Month71.67%
12 Month95.34%
2 Year106.15%
3 Year192.44%
5 Year269.85%
10 Year711.29%
15 Year37.43%
Volatility
ATR(14)0.38
ATR(20)%6.62%
ATR Inc83.19%
Range Today0.76
ADR(20)0.32
ADR(20)%6.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.43
3 months CRS83.23
6 months CRS83.13
Mansfield5.15
10 Day High5.97
10 Day Low4.83
20 Day High5.97
20 Day Low4.53
52 Week High5.97
52 Week Low1.58
CS1 End5.02
CR1 StartN/A
Volume & EV
DER(3)-2.05%
DER(5)-6.59%
Volume5.92M
Volume Incr24.52%
Vol(5)5.24M
Vol(50)3.78M
DENISON MINES CORP / DML.CA FAQ
What is the technical rating for DML stock?
ChartMill assigns a technical rating of 10 / 10 to DML.CA.
What is the trend direction for DML stock?
The current trend direction for DENISON MINES CORP (DML.CA) is Bullish.
Can you provide the RSI signal for DENISON MINES CORP?
DENISON MINES CORP (DML.CA) has an RSI value of 51.8141. This indicates that the stock is currently neutral.
Can you provide the short term momentum for DENISON MINES CORP?
The short term momentum for DENISON MINES CORP (DML.CA) is neutral.