DRYDEN GOLD CORP (DRY.CA) Stock Technical Analysis
TSX-V:DRY - TSX Venture Exchange - CA26245V1013 - Common Stock - Currency: CAD
Taking everything into account, DRY scores 6 out of 10 in our technical rating. In the last year, DRY was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month DRY has a been trading in the 0.19 - 0.25 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, DRY did better than 86% of all other stocks. On top of that, DRY also shows a nice and consistent pattern of rising prices.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
DRY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DRY is lagging the market.
DRY 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
0.11
0.24
2 important support areas can be observed.
- A support zone ranging from 0.20 to 0.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.11 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.23 to 0.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.24 to 0.24. 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 DRY.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DRY.CA is down. |
| ChartMill Relative Strength | 86.7 | POSITIVE | DRY.CA has a high relative strength, it outperformed 86.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DRY.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DRY.CA is below a declining 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) | 46.81 | NEUTRAL | The RSI value for DRY.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests DRY.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.56 | NEUTRAL | The Stochastics value for DRY.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.96 | HIGH VOLATILITY | The high ATR as a percentage value for DRY.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 13.85 | NEGATIVE | The low ADX value for DRY.CA suggests a weak or negative 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-V:DRY (7/25/2025, 7:00:00 PM)
0.21
+0.01 (+2.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.44%
1 Week7.69%
2 Weeks-2.33%
1 Month-2.33%
3 Month20%
6 Month40%
12 Month75%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%6.96%
ATR Inc-39.13%
Range Today0.01
ADR(20)0.01
ADR(20)%6.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.7
Mansfield2.04
10 Day High0.22
10 Day Low0.19
20 Day High0.25
20 Day Low0.19
52 Week High0.27
52 Week Low0.1
CS1 End0.2
CR1 Start0.23
Volume & EV
DER(3)0%
DER(5)0%
Volume130.10K
Volume Incr-29.96%
Vol(5)238.95K
Vol(50)313.23K