ADF GROUP INC (DRX.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:DRX - CA00089N1033 - Common Stock
Overall DRX gets a technical rating of 5 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. DRX was also a bad performer in the overall market in the last year.
DRX has an average technical rating and it also 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
7.06
When analyzing the support we can see 3 important areas.
- A support zone ranging from 7.79 to 7.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.38 from a trend line in the daily time frame.
- Support @7.13 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 10.04 to 10.19. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for DRX.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DRX.CA is up. |
| ChartMill Relative Strength | 19.58 | NEGATIVE | DRX.CA has a low relative strength, it was outperformed by 80.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DRX.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DRX.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DRX.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.22 | NEUTRAL | The RSI value for DRX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests DRX.CA has a positive trend. |
| Stochastics (14,3) | 65.91 | NEUTRAL | The Stochastics value for DRX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.72 | MEDIUM VOLATILITY | The ATR as a percentage value for DRX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 29.56 | POSITIVE | The high ADX value value for DRX.CA suggests a strong trend. |
TSX:DRX (12/19/2025, 7:00:00 PM)
8.84
+0.76 (+9.41%)
ADF GROUP INC / DRX.CA FAQ
What is the technical rating for DRX stock?
ChartMill assigns a technical rating of 5 / 10 to DRX.CA.
Can you provide the trend direction for ADF GROUP INC?
The current trend direction for ADF GROUP INC (DRX.CA) is Bearish.
What is the RSI signal for ADF GROUP INC (DRX.CA) stock?
ADF GROUP INC (DRX.CA) has an RSI value of 68.2212. This indicates that the stock is currently neutral.
What is the support and resistance level for DRX stock?
ADF GROUP INC (DRX.CA) has a support level at 7.88 and a resistance level at 10.04. Check the full technical report for our detailed analysis of DRX.CA support and resistance levels.