DESJARDINS RI ACTIVE CANADIA (DRCU.CA) Stock Technical Analysis
TSX:DRCU - Toronto Stock Exchange - CA25059Q1090 - ETF - Currency: CAD
We assign a technical rating of 1 out of 10 to DRCU. DRCU's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, DRCU does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 18.78. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 18.73, a Stop Loss order could be placed below this zone.
More info and screens
17.71
We found 2 important support areas.
- A support zone ranging from 18.39 to 18.73. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 17.89 to 17.97. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 18.78 to 19.22. 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 | DOWN | NEGATIVE | The long term trend for DRCU.CA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DRCU.CA is up. |
| ChartMill Relative Strength | 33.56 | NEUTRAL | DRCU.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of DRCU.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of DRCU.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DRCU.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.44 | NEUTRAL | The RSI value for DRCU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests DRCU.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 99.14 | OVERBOUGHT | The high Stochastics value suggests DRCU.CA may be overbought. |
| Average True Range in percent/ATR (20) | 10.39 | HIGH VOLATILITY | The high ATR as a percentage value for DRCU.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 9.17 | NEGATIVE | The low ADX value for DRCU.CA suggests a weak or negative trend. |
TSX:DRCU (6/10/2025, 7:00:00 PM)
18.74
-0.01 (-0.05%)