DISTRICT METALS CORP (DMX.CA) Stock Technical Analysis
Canada - TSX-V:DMX - CA2548481043 - Common Stock
1.14 CAD
+0.1 (+9.62%)
Overall DMX gets a technical rating of 10 out of 10. Both in the recent history as in the last year, DMX has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, DMX did better than 95% of all other stocks. We also observe that the gains produced by DMX over the past year are nicely spread over this period.
DMX is one of the better performing stocks in the Metals & Mining industry, it outperforms 89% of 807 stocks in the same industry.
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.
In the last month DMX has a been trading in the 0.87 - 1.42 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
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
1.00
1.15
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.04 to 1.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.01 from a trend 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 | 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 | 95.78 | POSITIVE | DMX.CA has a high relative strength, it outperformed 95.78% 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) | 62.47 | NEUTRAL | The RSI value for DMX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests DMX.CA has a positive trend. |
| Stochastics (14,3) | 70.44 | NEUTRAL | The Stochastics value for DMX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 10.79 | HIGH VOLATILITY | The high ATR as a percentage value for DMX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 31.04 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.18 | 1.03 | 0.15 (12.71%) | 7.87% |
| An entry @1.18. This is a Buy Stop order right above the 10 day high. | An exit @1.03. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.15 points, which is 12.71%. | For a 1.00% total portfolio risk, you can invest 7.87% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:DMX (9/19/2025, 7:00:00 PM)
1.14
+0.1 (+9.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg9.62%
1 Week2.7%
2 Weeks16.33%
1 Month14%
3 Month70.15%
6 Month216.67%
12 Month273.77%
2 Year430.23%
3 Year1420%
5 Year208.11%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%10.79%
ATR Inc17.18%
Range Today0.12
ADR(20)0.12
ADR(20)%10.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.78
Mansfield10.22
10 Day High1.17
10 Day Low0.96
20 Day High1.42
20 Day Low0.87
52 Week High1.42
52 Week Low0.26
CS1 End1.06
CR1 StartN/A
Volume & EV
DER(3)-11.98%
DER(5)-12.65%
Volume900.10K
Volume Incr-62.72%
Vol(5)504.88K
Vol(50)955.47K