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DESJARDINS RI DEVELOPED EX-U (DRMD.CA) Stock Technical Analysis

TSX:DRMD - Toronto Stock Exchange - CA25060L1076 - ETF - Currency: CAD

28.8  -0.43 (-1.47%)

Technical Rating and Analysis

7

Overall DRMD gets a technical rating of 7 out of 10. Although DRMD is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.

61% of all other stocks performed better in the past year than DRMD.
Warning: DRMD has an average volume of 1136 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
DRMD is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so DRMD is leading the market.
In the last month DRMD has a been trading in a tight range between 28.63 and 29.34.
Weekly and Daily overview Charts
DESJARDINS RI DEVELOPED EX-U / DRMD Weekly stock chart
DESJARDINS RI DEVELOPED EX-U / DRMD Daily stock chart
Setup Rating and Analysis

3

Although DRMD has an excellent technical rating, it does not present a decent entry opportunity 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.

Support and Resistance Analysis

24.31

29.60

3 important support areas can be observed.

  • Support @26.48 from a trend line in the weekly time frame.
  • A support zone ranging from 25.69 to 25.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 24.56 to 25.18. 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 29.05 to 29.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for DRMD.CA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for DRMD.CA is up.
ChartMill Relative Strength39.78NEUTRALDRMD.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPMIXEDThe current price of DRMD.CA is below the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of DRMD.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of DRMD.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)50.33NEUTRALThe RSI value for DRMD.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.07NEGATIVEThe MACD value suggests DRMD.CA has a negative trend.
Stochastics (14,3)46.48NEUTRALThe Stochastics value for DRMD.CA is a neutral value.
Average True Range in percent/ATR (20)0.78LOW VOLATILITYThe low ATR as a percentage value for DRMD.CA suggests low volalility.
Average Directional Index/ADX (14)19.99NEGATIVEThe low ADX value for DRMD.CA suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
DESJARDINS RI DEVELOPED EX-U / DRMD Daily stock chart

DESJARDINS RI DEVELOPED EX-U

TSX:DRMD (6/13/2025, 7:00:00 PM)

28.8

-0.43 (-1.47%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.47%
1 Week-1.17%
2 Weeks-1%
1 Month0.45%
3 Month1.16%
6 Month11.76%
12 Month2.53%
2 Year15.43%
3 Year40.35%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%0.78%
ATR Inc72.46%
Range Today0.13
ADR(20)0.11
ADR(20)%0.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.78
Mansfield0.37
10 Day High29.27
10 Day Low28.8
20 Day High29.34
20 Day Low28.63
52 Week High29.34
52 Week Low23.86
CS1 End26.48
CR1 Start29.05
Volume & EV
DER(3)0%
DER(5)0%
Volume894
Volume Incr-35.13%
Vol(5)945.6
Vol(50)1.14K