Canada - TSX:DRX - CA00089N1033 - Common Stock
Overall DRX gets a technical rating of 2 out of 10. In the last year, DRX was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
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.
8.12
We found 1 important support area.
We can see 2 important resistance areas.
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 | DOWN | NEGATIVE | The short term trend for DRX.CA is down. |
ChartMill Relative Strength | 11.51 | NEGATIVE | DRX.CA has a low relative strength, it was outperformed by 88.49% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DRX.CA is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of DRX.CA is below the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of DRX.CA is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 39.64 | NEUTRAL | The RSI value for DRX.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests DRX.CA has a negative trend. |
Stochastics (14,3) | 17.87 | OVERSOLD | The low Stochastics value suggests DRX.CA may be oversold. |
Average True Range in percent/ATR (20) | 5.31 | HIGH VOLATILITY | The high ATR as a percentage value for DRX.CA suggests high volalility. |
Average Directional Index/ADX (14) | 26.42 | POSITIVE | The high ADX value value for DRX.CA suggests a strong trend. |
TSX:DRX (9/17/2025, 7:00:00 PM)
8.21
-0.04 (-0.48%)