DISTRICT METALS CORP (DMX.CA) Stock Technical Analysis
TSX-V:DMX - TSX Venture Exchange - CA2548481043 - Common Stock - Currency: CAD
We assign a technical rating of 9 out of 10 to DMX. 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.
DMX is part of the Metals & Mining industry. There are 794 other stocks in this industry. DMX outperforms 97% of them.
A new 52 week high is currently being made by DMX, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month DMX has a been trading in the 0.66 - 0.99 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, DMX did better than 98% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although DMX has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.84
0.99
When analyzing the support we notice one important area.
- A support zone ranging from 0.85 to 0.86. 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 | 98.46 | POSITIVE | DMX.CA has a high relative strength, it outperformed 98.46% 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) | 85.45 | 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. |
| Stochastics (14,3) | 92.05 | OVERBOUGHT | The high Stochastics value suggests DMX.CA may be overbought. |
| Average True Range in percent/ATR (20) | 4.57 | MEDIUM VOLATILITY | The ATR as a percentage value for DMX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 61.38 | 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 (7/23/2025, 7:00:00 PM)
0.98
+0.09 (+10.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg10.11%
1 Week19.51%
2 Weeks20.99%
1 Month38.03%
3 Month243.86%
6 Month145%
12 Month192.54%
2 Year716.67%
3 Year653.85%
5 Year148.1%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%4.57%
ATR Inc76.58%
Range Today0.09
ADR(20)0.04
ADR(20)%4.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.46
Mansfield12.08
10 Day High0.99
10 Day Low0.8
20 Day High0.99
20 Day Low0.66
52 Week High0.99
52 Week Low0.25
CS1 End0.86
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume1.21M
Volume Incr-0.97%
Vol(5)782.78K
Vol(50)629.34K