DESJARDINS RI EMERGING MARKE (DRME.CA) Stock Technical Analysis
Canada - TSX:DRME - CA25060K1093 - ETF
21.98 CAD
+0.1 (+0.46%)
We assign a technical rating of 8 out of 10 to DRME. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, DRME is only an average performer.
Warning: DRME has an average volume of 1025 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.
DRME is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month DRME has a been trading in the 20.56 - 22.02 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, DRME outperforms 68% of them, which is more or less in line with the market.
Volume is considerably higher in the last couple of days.
Although DRME has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
16.78
22.20
5 important support areas can be observed.
- A support zone ranging from 21.14 to 21.47. 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 20.62 to 20.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.11 from a horizontal line in the weekly time frame.
- A support zone ranging from 17.92 to 18.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 16.95 to 17.14. 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 DRME.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DRME.CA is up. |
| ChartMill Relative Strength | 68.6 | NEUTRAL | DRME.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DRME.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DRME.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DRME.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 78.83 | OVERBOUGHT | The high RSI value suggests DRME.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests DRME.CA has a positive trend. |
| Stochastics (14,3) | 98.97 | OVERBOUGHT | The high Stochastics value suggests DRME.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.64 | LOW VOLATILITY | The low ATR as a percentage value for DRME.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 38.05 | POSITIVE | The high ADX value value for DRME.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:DRME (9/19/2025, 7:00:00 PM)
21.98
+0.1 (+0.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.46%
1 Week2.76%
2 Weeks6.03%
1 Month6.91%
3 Month13.65%
6 Month18.17%
12 Month28.09%
2 Year43.47%
3 Year46.53%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%0.64%
ATR Inc-11.68%
Range Today0.04
ADR(20)0.05
ADR(20)%0.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.6
Mansfield0.31
10 Day High22.02
10 Day Low20.73
20 Day High22.02
20 Day Low20.56
52 Week High22.02
52 Week Low16.45
CS1 End21.47
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0.49%
Volume400
Volume Incr55.67%
Vol(5)1.54K
Vol(50)1.03K