DESJARDINS RI CANADA MULTIFA (DRFC.CA) Stock Technical Analysis
TSX:DRFC - Toronto Stock Exchange - CA25059K1021 - ETF - Currency: CAD
Overall DRFC gets a technical rating of 10 out of 10. Both in the recent history as in the last year, DRFC has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: DRFC has an average volume of 1785 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that DRFC is one of the better performing stocks in the market, outperforming 76% of all stocks. On top of that, DRFC also shows a nice and consistent pattern of rising prices.
A new 52 week high is currently being made by DRFC, 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 DRFC has a been trading in a tight range between 33.88 and 35.34.
DRFC has an excellent technical rating, but the quality of the setup is only medium 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
30.61
35.60
When analyzing the support we can see 3 important areas.
- A support zone ranging from 33.04 to 33.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @31.94 from a trend line in the weekly time frame.
- Support @30.92 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 35.25 to 35.25. 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 DRFC.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DRFC.CA is up. |
| ChartMill Relative Strength | 76.93 | POSITIVE | DRFC.CA has a high relative strength, it outperformed 76.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DRFC.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DRFC.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DRFC.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.18 | OVERBOUGHT | The high RSI value suggests DRFC.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests DRFC.CA has a negative trend. |
| Stochastics (14,3) | 85.47 | OVERBOUGHT | The high Stochastics value suggests DRFC.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.49 | LOW VOLATILITY | The low ATR as a percentage value for DRFC.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 39.13 | POSITIVE | The high ADX value value for DRFC.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 |
|---|---|---|---|
| 35.26 | 34.78 | 0.48 (1.36%) | 25.00% |
| An entry @35.26. This is a Buy Stop order right above the resistance zone. | An exit @34.78. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.48 points, which is 1.36%. | For a 0.34% total portfolio risk, you can invest 25.00% 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:DRFC (6/11/2025, 7:00:00 PM)
35.24
+0.13 (+0.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.37%
1 Week0.4%
2 Weeks1%
1 Month3.62%
3 Month8.46%
6 Month6.43%
12 Month27.45%
2 Year43.49%
3 Year64.11%
5 Year116.37%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%0.49%
ATR Inc15.63%
Range Today0.15
ADR(20)0.12
ADR(20)%0.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.93
Mansfield0.57
10 Day High35.34
10 Day Low34.79
20 Day High35.34
20 Day Low33.88
52 Week High35.34
52 Week Low27.3
CS1 End33.89
CR1 Start35.25
Volume & EV
DER(3)0%
DER(5)0%
Volume1.95K
Volume Incr-19.48%
Vol(5)1.21K
Vol(50)1.79K