DRYDEN GOLD CORP (DRY.CA) Stock Technical Analysis
Canada - TSX-V:DRY - CA26245V1013 - Common Stock
Overall DRY gets a technical rating of 9 out of 10. In the last year, DRY was one of the better performers, but we do observe some doubts in the very recent evolution.
DRY has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 0.28, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DRY in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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0.25
We found 3 important support areas.
- A support zone ranging from 0.28 to 0.28. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @0.27 from a horizontal line in the daily time frame.
- Support @0.25 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @0.32 from a trend line in the daily time frame.
- Resistance @0.33 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 | 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 | 90.55 | POSITIVE | DRY.CA has a high relative strength, it outperformed 90.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of DRY.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of DRY.CA is below 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) | 50.04 | NEUTRAL | The RSI value for DRY.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests DRY.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for DRY.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.21 | HIGH VOLATILITY | The high ATR as a percentage value for DRY.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.58 | NEGATIVE | The low ADX value for DRY.CA suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.33 | 0.27 | 0.07 (19.70%) | 5.08% |
| An entry @0.33. This is a Buy Stop order right above the resistance zone. | An exit @0.27. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.07 points, which is 19.70%. | When investing 5.08% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:DRY (11/13/2025, 7:00:00 PM)
0.3
-0.01 (-1.64%)
DRYDEN GOLD CORP / DRY.CA FAQ
What is the ChartMill technical rating of DRYDEN GOLD CORP (DRY.CA) stock?
ChartMill assigns a technical rating of 9 / 10 to DRY.CA.
What is the current trend direction of DRYDEN GOLD CORP (DRY.CA) 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 50.0363. This indicates that the stock is currently neutral.
Can you provide the short term momentum for DRYDEN GOLD CORP?
The short term momentum for DRYDEN GOLD CORP (DRY.CA) is neutral.