DENISON MINES CORP (DML.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:DML - CA2483561072 - Common Stock
Taking everything into account, DML scores 6 out of 10 in our technical rating. Although DML is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
DML has an average technical rating and it also does not offer a high 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.
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3.44
When analyzing the support we can see 3 important areas.
- A support zone ranging from 3.72 to 3.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.59 to 3.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 3.47 to 3.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.48 to 4.53. 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 | 70.88 | POSITIVE | DML.CA has a high relative strength, it outperformed 70.88% 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) | 63.89 | 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. |
| Stochastics (14,3) | 56.07 | NEUTRAL | The Stochastics value for DML.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.98 | MEDIUM VOLATILITY | The ATR as a percentage value for DML.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 16.91 | NEGATIVE | The low ADX value for DML.CA suggests a weak or negative trend. |
TSX:DML (1/2/2026, 7:00:00 PM)
4.14
+0.5 (+13.74%)
DENISON MINES CORP / DML.CA FAQ
What is the technical rating for DML stock?
ChartMill assigns a technical rating of 6 / 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 63.8865. 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.