DESJARDINS RI EMERGING MARKE (DRME.CA) Stock Technical Analysis
TSX:DRME • CA25060K1093
Overall DRME gets a technical rating of 8 out of 10. 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 2869 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 DRME, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month DRME has a been trading in the 24.06 - 25.74 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, DRME turns out to be only a medium performer in the overall market: it outperformed 66% of all stocks.
- Considerably lower volume is observed in the last couple of days.
Although DRME has an excellent technical rating, it does not offer a high quality setup 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
16.97
We found 5 important support areas.
- A support zone ranging from 24.75 to 25.02. 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 23.67 to 24.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 22.20 to 22.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.86 from a trend line in the weekly time frame.
- Support @17.14 from a horizontal line 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 DRME.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DRME.CA is up. |
| ChartMill Relative Strength | 66.37 | 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) | 73.06 | OVERBOUGHT | The high RSI value suggests DRME.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests DRME.CA has a positive trend. |
| Stochastics (14,3) | 86.91 | OVERBOUGHT | The high Stochastics value suggests DRME.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.06 | LOW VOLATILITY | The low ATR as a percentage value for DRME.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 35.46 | POSITIVE | The high ADX value value for DRME.CA suggests a strong trend. |
TSX:DRME (2/20/2026, 7:00:00 PM)
25.85
+0.67 (+2.66%)
DESJARDINS RI EMERGING MARKE / DRME.CA FAQ
What is the technical rating for DRME stock?
ChartMill assigns a technical rating of 8 / 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.
What is the RSI signal for DRME stock?
DESJARDINS RI EMERGING MARKE (DRME.CA) has an RSI value of 73.0615. This indicates that the stock is currently overbought.
What is the MACD signal for DESJARDINS RI EMERGING MARKE (DRME.CA) stock?
The MACD indicator for DESJARDINS RI EMERGING MARKE (DRME.CA) has a value of 0.0441071, indicating a bearish trend.
What is the buy/sell signal for DRME stock?
The buy/sell signal for DESJARDINS RI EMERGING MARKE (DRME.CA) is buy as both the short term and long term trends are positive.