DESJARDINS RI USA - NET-ZERO (DRMU.CA) Stock Technical Analysis
TSX:DRMU - Toronto Stock Exchange - CA25060W1032 - ETF - Currency: CAD
We assign a technical rating of 8 out of 10 to DRMU. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, DRMU is only an average performer.
Warning: DRMU has an average volume of 642 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.
DRMU 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.
When comparing the performance of all stocks over the past year, DRMU turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
In the last month DRMU has a been trading in a tight range between 44.92 and 47.18.
Although DRMU 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
38.50
47.43
We found 5 important support areas.
- A support zone ranging from 45.78 to 46.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 44.58 to 44.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @42.44 from a horizontal line in the daily time frame.
- Support @40.46 from a trend line in the weekly time frame.
- Support @38.89 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 46.96 to 46.96. 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 DRMU.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DRMU.CA is up. |
| ChartMill Relative Strength | 63.14 | NEUTRAL | DRMU.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DRMU.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DRMU.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DRMU.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.56 | NEUTRAL | The RSI value for DRMU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests DRMU.CA has a negative trend. |
| Stochastics (14,3) | 54.99 | NEUTRAL | The Stochastics value for DRMU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.68 | LOW VOLATILITY | The low ATR as a percentage value for DRMU.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 42.41 | POSITIVE | The high ADX value value for DRMU.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:DRMU (8/8/2025, 7:00:00 PM)
46.77
+0.31 (+0.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.67%
1 Week-1%
2 Weeks0.85%
1 Month3.09%
3 Month10.3%
6 Month0.74%
12 Month19.18%
2 Year41.53%
3 Year65.48%
5 Year79.03%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%0.68%
ATR Inc-58.67%
Range Today0.02
ADR(20)0.13
ADR(20)%0.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.14
Mansfield-0.02
10 Day High47.18
10 Day Low45.66
20 Day High47.18
20 Day Low44.92
52 Week High47.42
52 Week Low36.8
CS1 End46.33
CR1 Start46.47
Volume & EV
DER(3)0%
DER(5)0%
Volume1.31K
Volume Incr-8.88%
Vol(5)694
Vol(50)642.36