ADF GROUP INC (DRX.CA) Stock Technical Analysis
TSX:DRX - Toronto Stock Exchange - CA00089N1033 - Common Stock - Currency: CAD
We assign a technical rating of 6 out of 10 to DRX. DRX has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, DRX is a bad performer in the overall market: 65% of all stocks are doing better.
DRX is part of the Metals & Mining industry. There are 797 other stocks in this industry, of which 60% are performing better than DRX.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
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.
In the last month DRX has a been trading in the 7.47 - 10.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
DRX has an average technical rating and it also 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
7.43
10.55
We found 2 important support areas.
- A support zone ranging from 7.93 to 8.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.50 to 7.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @10.45 from a horizontal line in the daily 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 | 35.27 | NEUTRAL | DRX.CA is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of DRX.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.49 | NEUTRAL | The RSI value for DRX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests DRX.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 45.76 | NEUTRAL | The Stochastics value for DRX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.02 | HIGH VOLATILITY | The high ATR as a percentage value for DRX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 25.64 | POSITIVE | The high ADX value value for DRX.CA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:DRX (8/1/2025, 7:00:00 PM)
8.62
-0.26 (-2.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-2.93%
1 Week-13.37%
2 Weeks13.42%
1 Month4.87%
3 Month38.14%
6 Month7.35%
12 Month-32.81%
2 Year100.47%
3 Year474.67%
5 Year690.83%
10 Year276.42%
15 Year353.68%
Volatility
ATR(14)0.5
ATR(20)%5.02%
ATR Inc-42.94%
Range Today0.29
ADR(20)0.38
ADR(20)%4.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.27
Mansfield-1.03
10 Day High10.5
10 Day Low7.56
20 Day High10.5
20 Day Low7.47
52 Week High14.55
52 Week Low5
CS1 End8.01
CR1 Start10.45
Volume & EV
DER(3)-16.45%
DER(5)-12.43%
Volume53.07K
Volume Incr-7.2%
Vol(5)46.82K
Vol(50)50.78K