ADF GROUP INC (DRX.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • 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 part of the Metals & Mining industry. There are 814 other stocks in this industry, of which 72% are performing better than DRX.
- Both the short term and long term trends are positive. This is a very positive sign.
- 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.
- In the last month DRX has a been trading in the 7.90 - 9.88 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- When compared to the yearly performance of all other stocks, DRX outperforms 65% of them, which is more or less in line with the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although DRX has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
7.38
We found 4 important support areas.
- A support zone ranging from 8.51 to 8.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.32 from a horizontal line in the weekly time frame.
- Support @8.15 from a trend line in the daily time frame.
- Support @7.45 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @9.77 from a trend line in the daily time frame.
- 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 | 65.37 | 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) | UP | POSITIVE | The current price of DRX.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.47 | NEUTRAL | The RSI value for DRX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests DRX.CA has a positive trend. |
| Stochastics (14,3) | 71.72 | NEUTRAL | The Stochastics value for DRX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.85 | MEDIUM VOLATILITY | The ATR as a percentage value for DRX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 25.26 | POSITIVE | The high ADX value value for DRX.CA suggests a strong trend. |
TSX:DRX (2/6/2026, 7:00:00 PM)
9.53
+0.49 (+5.42%)
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 61.467. 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 0.0892238, 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 8.87 and a resistance level at 9.77. Check the full technical report for our detailed analysis of DRX.CA support and resistance levels.