DESJARDINS RI EMERGING MARKE (DRME.CA) Technical Analysis
TSX:DRME • CA25060K1093
Current stock price
DRME.CA Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to DRME. In the last year, DRME was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- Warning: DRME has an average volume of 3247 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- DRME is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so DRME is performing more or less in line with the market.
- In the last month DRME has a been trading in the 22.91 - 24.44 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- When comparing the performance of all stocks over the past year, DRME turns out to be only a medium performer in the overall market: it outperformed 53% of all stocks.
- Volume is considerably higher in the last couple of days.
DRME.CA Weekly and Daily overview Charts
DRME.CA Setup Rating and Analysis
Although the technical rating is only medium, DRME does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 23.11, a Stop Loss order could be placed below this zone.
More info and screens
DRME.CA Support and Resistance Analysis
16.97
When analyzing the support we can see 5 important areas.
- A support zone ranging from 22.91 to 23.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.37 from a horizontal line in the daily time frame.
- Support @19.11 from a trend line in the weekly time frame.
- Support @18.38 from a trend line in the weekly time frame.
- Support @17.14 from a horizontal line in the weekly time frame.
DRME.CA 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.
| 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 | NEUTRAL | NEUTRAL | The short term trend for DRME.CA is neutral. |
| ChartMill Relative Strength | 53.77 | NEUTRAL | DRME.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of DRME.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DRME.CA is below a declining 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) | 48.95 | NEUTRAL | The RSI value for DRME.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests DRME.CA has a positive trend. |
| Stochastics (14,3) | 71.8 | NEUTRAL | The Stochastics value for DRME.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.24 | MEDIUM VOLATILITY | The ATR as a percentage value for DRME.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 24 | NEUTRAL | The ADX value for DRME.CA suggests a possible start of a new trend. |
DRME.CA Chart- and CandleStick Pattern Analysis
DRME.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:DRME (4/7/2026, 7:00:00 PM)
23.8
-0.03 (-0.13%)
DESJARDINS RI EMERGING MARKE / DRME.CA TA FAQ
What is the technical rating for DRME stock?
ChartMill assigns a technical rating of 4 / 10 to DRME.CA.
Can you provide the trend direction for DESJARDINS RI EMERGING MARKE?
The current trend direction for DESJARDINS RI EMERGING MARKE (DRME.CA) is Bullish.
Can you provide the RSI signal for DESJARDINS RI EMERGING MARKE?
DESJARDINS RI EMERGING MARKE (DRME.CA) has an RSI value of 48.9507. This indicates that the stock is currently neutral.
What is the short term momentum for DESJARDINS RI EMERGING MARKE (DRME.CA) stock?
The short term momentum for DESJARDINS RI EMERGING MARKE (DRME.CA) is neutral.
What is the support and resistance level for DRME stock?
DESJARDINS RI EMERGING MARKE (DRME.CA) has a support level at 23.11. Check the full technical report for our detailed analysis of DRME.CA support and resistance levels.