ADF GROUP INC (DRX.CA) Technical Analysis
TSX:DRX • CA00089N1033
Current stock price
DRX.CA Technical Rating and Analysis
Overall DRX gets a technical rating of 2 out of 10. In the last year, DRX was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
- DRX is one of the lesser performing stocks in the Metals & Mining industry. 74% of 815 stocks in the same industry do better.
- In the last month DRX has a been trading in the 8.63 - 10.80 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When compared to the yearly performance of all other stocks, DRX outperforms 50% of them, which is more or less in line with the market.
- DRX is currently trading in the middle 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 slightly.
DRX.CA Weekly and Daily overview Charts
DRX.CA Setup Rating and Analysis
The technical rating of DRX is bad and it also does not present a quality setup 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
DRX.CA Support and Resistance Analysis
8.05
We found 2 important support areas.
- A support zone ranging from 8.64 to 8.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.13 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @10.30 from a trend line in the weekly time frame.
DRX.CA Technical Indicator Signal Analysis
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 | 50.93 | NEUTRAL | DRX.CA is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of DRX.CA is below a declining 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) | 34.47 | NEUTRAL | The RSI value for DRX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests DRX.CA has a negative trend. |
| Stochastics (14,3) | 10.66 | OVERSOLD | The low Stochastics value suggests DRX.CA may be oversold. |
| Average True Range in percent/ATR (20) | 5.07 | HIGH VOLATILITY | The high ATR as a percentage value for DRX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 29.14 | POSITIVE | The high ADX value value for DRX.CA suggests a strong trend. |
DRX.CA Chart- and CandleStick Pattern Analysis
DRX.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:DRX (3/13/2026, 7:00:00 PM)
8.72
-0.42 (-4.6%)
ADF GROUP INC / DRX.CA TA FAQ
What is the technical rating for DRX stock?
ChartMill assigns a technical rating of 2 / 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 Bearish.
What is the RSI signal for DRX stock?
ADF GROUP INC (DRX.CA) has an RSI value of 34.4654. 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 -0.211084, 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 8.71 and a resistance level at 10.3. Check the full technical report for our detailed analysis of DRX.CA support and resistance levels.