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 7 out of 10. In the last year, DRX was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- In the last month DRX has a been trading in the 8.67 - 11.60 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- Looking at the yearly performance, DRX did better than 70% of all other stocks. On top of that, DRX also shows a nice and consistent pattern of rising prices.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- DRX is part of the Metals & Mining industry. There are 795 other stocks in this industry, DRX did better than 41% of them.
- DRX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DRX is lagging the market.
DRX.CA Weekly and Daily overview Charts
DRX.CA Setup Rating and Analysis
Although DRX has an excellent technical rating, it does not offer a high 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
8.35
We found 2 important support areas.
- A support zone ranging from 8.71 to 8.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.43 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 9.12 to 9.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for DRX.CA is neutral. |
| ChartMill Relative Strength | 70.9 | POSITIVE | DRX.CA has a high relative strength, it outperformed 70.9% 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 | 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) | 42.51 | NEUTRAL | The RSI value for DRX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests DRX.CA has a negative trend. |
| Stochastics (14,3) | 25.79 | NEUTRAL | The Stochastics value for DRX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.24 | HIGH VOLATILITY | The high ATR as a percentage value for DRX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 23.12 | NEUTRAL | The ADX value for DRX.CA suggests a possible start of a new trend. |
DRX.CA Chart- and CandleStick Pattern Analysis
DRX.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:DRX (4/17/2026, 7:00:00 PM)
9.11
+0.1 (+1.11%)
ADF GROUP INC / DRX.CA TA FAQ
What is the technical rating for DRX stock?
ChartMill assigns a technical rating of 7 / 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.
Can you provide the RSI signal for ADF GROUP INC?
ADF GROUP INC (DRX.CA) has an RSI value of 42.5122. 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 8.71 and a resistance level at 9.12. Check the full technical report for our detailed analysis of DRX.CA support and resistance levels.