DEEP-SOUTH RESOURCES INC (DSM.CA) Stock Technical Analysis
TSX-V:DSM - TSX Venture Exchange - CA24378W1032 - Common Stock - Currency: CAD
Taking everything into account, DSM scores 9 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, DSM is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
DSM is part of the Metals & Mining industry. There are 818 other stocks in this industry. DSM outperforms 80% of them.
When comparing the yearly performance of all stocks, we notice that DSM is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
DSM is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DSM is lagging the market slightly.
In the last month DSM has a been trading in the 0.07 - 0.09 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
DSM has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 0.08, a Stop Loss order could be placed below this zone.
More info and screens
0.04
0.09
We found 3 important support areas.
- A support zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.04 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @0.08 from a trend line in the daily time frame.
- A resistance zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.88
Mansfield0.82
10 Day High0.09
10 Day Low0.08
20 Day High0.09
20 Day Low0.07
52 Week High0.12
52 Week Low0.04
Performance
1 Week0%
2 Weeks0%
1 Month14.29%
3 Month77.78%
6 Month45.45%
12 Month0%
2 Year23.08%
3 Year-62.79%
5 Year-15.79%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)56.69
LBB0.07
UBB0.09
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 |
|---|---|---|---|
| 0.09 | 0.07 | 0.02 (27.78%) | 3.60% |
| An entry @0.09. This is a Buy Stop order right above the resistance zone. | An exit @0.07. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.02 points, which is 27.78%. | When investing 3.60% 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:DSM (3/20/2024, 7:00:00 PM)
0.08
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0%
1 Week0%
2 Weeks0%
1 Month14.29%
3 Month77.78%
6 Month45.45%
12 Month0%
2 Year23.08%
3 Year-62.79%
5 Year-15.79%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%5.94%
ATR Inc-100%
Range Today0
ADR(20)0
ADR(20)%4.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.88
Mansfield0.82
10 Day High0.09
10 Day Low0.08
20 Day High0.09
20 Day Low0.07
52 Week High0.12
52 Week Low0.04
CS1 End0.08
CR1 Start0.08
Volume & EV
DER(3)0%
DER(5)0%
Volume52.00K
Volume Incr-70.97%
Vol(5)67.50K
Vol(50)203.62K