DESJARDINS RI EMERGING MARKE (DRME.CA) Stock Technical Analysis
Canada - TSX:DRME - CA25060K1093 - ETF
22.73 CAD
-0.18 (-0.79%)
Taking everything into account, DRME scores 8 out of 10 in our technical rating. Although DRME is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: DRME has an average volume of 1748 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 trading near its 52 week high, which is a good sign. 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 21.51 - 22.92 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. 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
16.78
23.14
We found 4 important support areas.
- A support zone ranging from 22.31 to 22.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.73 from a horizontal line in the daily time frame.
- Support @18.26 from a trend line in the weekly time frame.
- 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 22.74 to 22.91. 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 | 68.8 | 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) | 68.83 | NEUTRAL | The RSI value for DRME.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests DRME.CA has a negative trend. |
| Stochastics (14,3) | 83.51 | OVERBOUGHT | The high Stochastics value suggests DRME.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.81 | LOW VOLATILITY | The low ATR as a percentage value for DRME.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 44.73 | 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 (10/17/2025, 7:00:00 PM)
22.73
-0.18 (-0.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.79%
1 Week0.4%
2 Weeks1.25%
1 Month6.26%
3 Month13.76%
6 Month20.84%
12 Month29.07%
2 Year50.73%
3 Year66.89%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%0.81%
ATR Inc42.64%
Range Today0.05
ADR(20)0.09
ADR(20)%0.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.8
Mansfield0.59
10 Day High22.92
10 Day Low22.2
20 Day High22.92
20 Day Low21.51
52 Week High22.92
52 Week Low16.45
CS1 End22.66
CR1 Start22.74
Volume & EV
DER(3)0%
DER(5)0%
Volume1.72K
Volume Incr148.95%
Vol(5)5.51K
Vol(50)1.75K