ADF GROUP INC (DRX.CA) Stock Technical Analysis
TSX:DRX - Toronto Stock Exchange - CA00089N1033 - Common Stock - Currency: CAD
Overall DRX gets a technical rating of 1 out of 10. DRX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, DRX is a bad performer in the overall market: 95% of all stocks are doing better.
DRX is part of the Metals & Mining industry. There are 796 other stocks in this industry, of which 86% are performing better than DRX.
DRX is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DRX is lagging the market.
In the last month DRX has a been trading in the 6.04 - 7.99 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
DRX has a poor technical rating and the quality of the setup is also only medium 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
6.73
10.40
We found 1 important support area.
- A support zone ranging from 6.80 to 6.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
6 important resistance areas can be observed.
- A resistance zone ranging from 7.08 to 7.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.45 from a trend line in the daily time frame.
- Resistance @7.65 from a horizontal line in the weekly time frame.
- Resistance @7.82 from a horizontal line in the daily time frame.
- Resistance @7.95 from a horizontal line in the daily time frame.
- Resistance @10.30 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 | DOWN | NEGATIVE | The long term trend for DRX.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DRX.CA is neutral. |
| ChartMill Relative Strength | 5.56 | NEGATIVE | DRX.CA has a low relative strength, it was outperformed by 94.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DRX.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of DRX.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DRX.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.21 | NEUTRAL | The RSI value for DRX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests DRX.CA has a negative trend. |
| Stochastics (14,3) | 16.32 | OVERSOLD | The low Stochastics value suggests DRX.CA may be oversold. |
| Average True Range in percent/ATR (20) | 4.31 | MEDIUM VOLATILITY | The ATR as a percentage value for DRX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 17.43 | NEGATIVE | The low ADX value for DRX.CA suggests a weak or negative 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:DRX (5/29/2025, 7:00:00 PM)
6.81
-0.16 (-2.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-2.3%
1 Week-6.2%
2 Weeks-8.84%
1 Month12.01%
3 Month-20.07%
6 Month-22.88%
12 Month-60.68%
2 Year134.83%
3 Year342.21%
5 Year691.86%
10 Year189.79%
15 Year218.22%
Volatility
ATR(14)0.28
ATR(20)%4.31%
ATR Inc-34.58%
Range Today0.29
ADR(20)0.28
ADR(20)%4.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.56
Mansfield-3.55
10 Day High7.83
10 Day Low6.81
20 Day High7.99
20 Day Low6.04
52 Week High20.8
52 Week Low5
CS1 End6.8
CR1 Start7.08
Volume & EV
DER(3)1.37%
DER(5)-2.36%
Volume23.07K
Volume Incr-58.05%
Vol(5)25.91K
Vol(50)79.51K