DESJARDINS RI EMERGING MARKE (DRFE.CA) Stock Technical Analysis
TSX:DRFE - Toronto Stock Exchange - CA25060F1009 - ETF - Currency: CAD
Taking everything into account, DRFE scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, DRFE is only an average performer.
Warning: DRFE has an average volume of 2660 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!
A new 52 week high is currently being made by DRFE, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so DRFE is leading the market.
In the last month DRFE has a been trading in the 24.35 - 26.09 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, DRFE turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
Volume is considerably higher in the last couple of days.
Although DRFE has an excellent technical rating, it does not offer a high quality setup 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
21.75
25.77
3 important support areas can be observed.
- A support zone ranging from 24.24 to 24.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.21 from a horizontal line in the daily time frame.
- A support zone ranging from 21.97 to 22.45. This zone is formed by a combination of multiple trend lines in the weekly 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 DRFE.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DRFE.CA is up. |
| ChartMill Relative Strength | 60.91 | NEUTRAL | DRFE.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DRFE.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DRFE.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DRFE.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.84 | NEUTRAL | The RSI value for DRFE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests DRFE.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.19 | OVERBOUGHT | The high Stochastics value suggests DRFE.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.87 | LOW VOLATILITY | The low ATR as a percentage value for DRFE.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 26.67 | POSITIVE | The high ADX value value for DRFE.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:DRFE (6/12/2025, 7:00:00 PM)
25.51
-0.07 (-0.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.27%
1 Week2%
2 Weeks3.2%
1 Month3.91%
3 Month4.81%
6 Month8.37%
12 Month13.73%
2 Year34.97%
3 Year26.16%
5 Year34.97%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%0.87%
ATR Inc94.58%
Range Today0.68
ADR(20)0.13
ADR(20)%0.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.91
Mansfield0.38
10 Day High26.09
10 Day Low24.35
20 Day High26.09
20 Day Low24.35
52 Week High26.09
52 Week Low20.71
CS1 End24.45
CR1 StartN/A
Volume & EV
DER(3)19.44%
DER(5)11.67%
Volume9.60K
Volume Incr19.13%
Vol(5)3.77K
Vol(50)2.66K