DENTALCORP HOLDINGS LTD (DNTL.CA) Stock Technical Analysis
TSX:DNTL - Toronto Stock Exchange - CA24874B1085 - Common Stock - Currency: CAD
Overall DNTL gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, DNTL is only an average performer.
Besides having an excellent technical rating, DNTL also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 8.86. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.43, a Stop Loss order could be placed below this zone.
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7.52
2 important support areas can be observed.
- A support zone ranging from 8.31 to 8.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.60 to 7.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 8.86 to 8.94. This zone is formed by a combination of multiple trend lines 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 DNTL.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DNTL.CA is up. |
| ChartMill Relative Strength | 74.99 | POSITIVE | DNTL.CA has a high relative strength, it outperformed 74.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DNTL.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DNTL.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DNTL.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.68 | NEUTRAL | The RSI value for DNTL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests DNTL.CA has a negative trend. |
| Stochastics (14,3) | 63.01 | NEUTRAL | The Stochastics value for DNTL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.3 | MEDIUM VOLATILITY | The ATR as a percentage value for DNTL.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 21.9 | NEUTRAL | The ADX value for DNTL.CA suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 8.95 | 8.50 | 0.45 (5.03%) | 19.89% |
| An entry @8.95. This is a Buy Stop order right above the resistance zone. | An exit @8.50. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.45 points, which is 5.03%. | For a 1.00% total portfolio risk, you can invest 19.89% 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:DNTL (6/2/2025, 7:00:00 PM)
8.84
-0.04 (-0.45%)