DISTRICT METALS CORP (DMX.CA) Stock Technical Analysis
TSX-V:DMX • CA2548481043
We assign a technical rating of 0 out of 10 to DMX. DMX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, DMX is a bad performer in the overall market: 93% of all stocks are doing better.
- DMX is one of the lesser performing stocks in the Metals & Mining industry. 90% of 802 stocks in the same industry do better.
- DMX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month DMX has a been trading in the 0.35 - 1.11 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- DMX has an average volume of 1107440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
DMX has a poor technical rating and the quality of the setup is also only medium 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
0.32
We found 1 important support area.
- Support @0.32 from a trend 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 | DOWN | NEGATIVE | The long term trend for DMX.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DMX.CA is down. |
| ChartMill Relative Strength | 7.6 | NEGATIVE | DMX.CA has a low relative strength, it was outperformed by 92.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DMX.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DMX.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of DMX.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 22.54 | OVERSOLD | The low RSI value suggests DMX.CA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests DMX.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.51 | OVERSOLD | The low Stochastics value suggests DMX.CA may be oversold. |
| Average True Range in percent/ATR (20) | 20.9 | HIGH VOLATILITY | The high ATR as a percentage value for DMX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 43.11 | POSITIVE | The high ADX value value for DMX.CA suggests a strong trend. |
TSX-V:DMX (2/24/2026, 7:00:00 PM)
0.39
+0.01 (+1.3%)
DISTRICT METALS CORP / DMX.CA FAQ
Can you provide the ChartMill technical rating for DISTRICT METALS CORP?
ChartMill assigns a technical rating of 0 / 10 to DMX.CA.
What is the current trend direction of DISTRICT METALS CORP (DMX.CA) stock?
The current trend direction for DISTRICT METALS CORP (DMX.CA) is Bearish.
What is the RSI signal for DISTRICT METALS CORP (DMX.CA) stock?
DISTRICT METALS CORP (DMX.CA) has an RSI value of 22.5414. This indicates that the stock is currently oversold.
What is the MACD signal for DMX stock?
The MACD indicator for DISTRICT METALS CORP (DMX.CA) has a value of -0.00601222, indicating a bearish trend.
Can you provide the short term momentum for DISTRICT METALS CORP?
The short term momentum for DISTRICT METALS CORP (DMX.CA) is negative.