DISTRICT METALS CORP (DMX.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:DMX - CA2548481043 - Common Stock
Taking everything into account, DMX scores 4 out of 10 in our technical rating. Although DMX is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
DMX has an average technical rating and the quality of the presented setup is also 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
0.88
We found 2 important support areas.
- A support zone ranging from 0.96 to 0.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.89 from a horizontal line in the daily 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 DMX.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DMX.CA is down. |
| ChartMill Relative Strength | 89.68 | POSITIVE | DMX.CA has a high relative strength, it outperformed 89.68% 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 | POSITIVE | The current price of DMX.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.7 | NEUTRAL | The RSI value for DMX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests DMX.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 32.44 | NEUTRAL | The Stochastics value for DMX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.65 | HIGH VOLATILITY | The high ATR as a percentage value for DMX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 20.04 | NEUTRAL | The ADX value for DMX.CA suggests a possible start of a new trend. |
TSX-V:DMX (12/5/2025, 7:00:00 PM)
0.99
+0.03 (+3.13%)
DISTRICT METALS CORP / DMX.CA FAQ
Can you provide the ChartMill technical rating for DISTRICT METALS CORP?
ChartMill assigns a technical rating of 4 / 10 to DMX.CA.
Can you provide the trend direction for DISTRICT METALS CORP?
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 42.6998. This indicates that the stock is currently neutral.
What are the support and resistance levels for DISTRICT METALS CORP (DMX.CA) stock?
DISTRICT METALS CORP (DMX.CA) has a support level at 0.97. Check the full technical report for our detailed analysis of DMX.CA support and resistance levels.