ADF GROUP INC (DRX.CA) Stock Technical Analysis
TSX:DRX • CA00089N1033
Taking everything into account, DRX scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, DRX is only an average performer.
- DRX is one of the lesser performing stocks in the Metals & Mining industry. 67% of 800 stocks in the same industry do better.
- The long and short term trends are both positive. This is looking good!
- DRX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DRX is lagging the market slightly.
- DRX is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Looking at the yearly performance, DRX did better than 70% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Besides having an excellent technical rating, DRX also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 10.04. Right above this resistance zone may be a good entry point.
More info and screens
7.23
We found 5 important support areas.
- A support zone ranging from 9.60 to 9.63. 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 8.79 to 8.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.30 to 8.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.96 from a trend line in the weekly time frame.
- Support @7.30 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.04 to 10.31. 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 DRX.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DRX.CA is up. |
| ChartMill Relative Strength | 70.47 | POSITIVE | DRX.CA has a high relative strength, it outperformed 70.47% 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) | 60.99 | NEUTRAL | The RSI value for DRX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests DRX.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.03 | OVERBOUGHT | The high Stochastics value suggests DRX.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.89 | MEDIUM VOLATILITY | The ATR as a percentage value for DRX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 29.75 | POSITIVE | The high ADX value value for DRX.CA suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 10.32 | 9.59 | 0.73 (7.07%) | 14.14% |
| An entry @10.32. This is a Buy Stop order right above the resistance zone. | An exit @9.59. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.73 points, which is 7.07%. | When investing 14.14% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:DRX (2/18/2026, 7:00:00 PM)
9.77
+0.16 (+1.66%)
ADF GROUP INC / DRX.CA FAQ
What is the technical rating for DRX stock?
ChartMill assigns a technical rating of 8 / 10 to DRX.CA.
What is the current trend direction of ADF GROUP INC (DRX.CA) stock?
The current trend direction for ADF GROUP INC (DRX.CA) is Bullish.
What is the RSI signal for DRX stock?
ADF GROUP INC (DRX.CA) has an RSI value of 60.9908. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ADF GROUP INC?
The MACD indicator for ADF GROUP INC (DRX.CA) has a value of 0.0453233, indicating a bearish trend.
Can you provide the support and resistance levels for ADF GROUP INC?
ADF GROUP INC (DRX.CA) has a support level at 9.63 and a resistance level at 10.04. Check the full technical report for our detailed analysis of DRX.CA support and resistance levels.