DISTRICT METALS CORP (DMX.CA) Stock Technical Analysis
TSX-V:DMX - TSX Venture Exchange - CA2548481043 - Common Stock - Currency: CAD
Taking everything into account, DMX scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DMX is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that DMX is one of the better performing stocks in the market, outperforming 96% of all stocks.
DMX is part of the Metals & Mining industry. There are 811 other stocks in this industry. DMX outperforms 92% of them.
DMX 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 DMX is lagging the market slightly.
DMX is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Although DMX 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
0.66
0.70
We found 1 important support area.
- A support zone ranging from 0.67 to 0.68. This zone is formed by a combination of multiple trend lines and important moving averages 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 DMX.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DMX.CA is up. |
| ChartMill Relative Strength | 96.59 | POSITIVE | DMX.CA has a high relative strength, it outperformed 96.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DMX.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DMX.CA is above the rising 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) | 77.91 | OVERBOUGHT | The high RSI value suggests DMX.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests DMX.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.48 | NEUTRAL | The Stochastics value for DMX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.41 | HIGH VOLATILITY | The high ATR as a percentage value for DMX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 57.33 | POSITIVE | The high ADX value value for DMX.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-V:DMX (6/27/2025, 7:00:00 PM)
0.69
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0%
1 Week2.99%
2 Weeks21.05%
1 Month62.35%
3 Month109.09%
6 Month62.35%
12 Month126.23%
2 Year666.67%
3 Year452%
5 Year176%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%6.41%
ATR Inc-18.25%
Range Today0.04
ADR(20)0.04
ADR(20)%5.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.59
Mansfield7.5
10 Day High0.77
10 Day Low0.58
20 Day High0.77
20 Day Low0.43
52 Week High0.77
52 Week Low0.25
CS1 End0.68
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume332.33K
Volume Incr95.26%
Vol(5)1.06M
Vol(50)427.26K