DRYDEN GOLD CORP (DRY.CA) Stock Technical Analysis
TSX-V:DRY • CA26245V1013
Taking everything into account, DRY scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DRY is showing a nice and steady performance.
- In the last month DRY has a been trading in the 0.34 - 0.48 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, DRY did better than 89% of all other stocks. We also observe that the gains produced by DRY over the past year are nicely spread over this period.
- DRY 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 DRY is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, DRY also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 0.35, a Stop Loss order could be placed below this zone.
More info and screens
0.30
4 important support areas can be observed.
- A support zone ranging from 0.35 to 0.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.34 from a horizontal line in the daily time frame.
- Support @0.33 from a trend line in the daily time frame.
- Support @0.30 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.39 to 0.39. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for DRY.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DRY.CA is neutral. |
| ChartMill Relative Strength | 89.4 | POSITIVE | DRY.CA has a high relative strength, it outperformed 89.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DRY.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DRY.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DRY.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.09 | NEUTRAL | The RSI value for DRY.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests DRY.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.19 | NEUTRAL | The Stochastics value for DRY.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 10.47 | HIGH VOLATILITY | The high ATR as a percentage value for DRY.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 25.77 | POSITIVE | The high ADX value value for DRY.CA suggests a strong trend. |
TSX-V:DRY (2/20/2026, 7:00:00 PM)
0.375
-0.01 (-1.32%)
DRYDEN GOLD CORP / DRY.CA FAQ
What is the technical rating for DRY stock?
ChartMill assigns a technical rating of 10 / 10 to DRY.CA.
What is the trend direction for DRY stock?
The current trend direction for DRYDEN GOLD CORP (DRY.CA) is Bullish.
Can you provide the RSI signal for DRYDEN GOLD CORP?
DRYDEN GOLD CORP (DRY.CA) has an RSI value of 51.0893. This indicates that the stock is currently neutral.
What is the support and resistance level for DRY stock?
DRYDEN GOLD CORP (DRY.CA) has a support level at 0.35 and a resistance level at 0.39. Check the full technical report for our detailed analysis of DRY.CA support and resistance levels.