DISCOVERY SILVER CORP (DSV.CA) Stock Technical Analysis
TSX-V:DSV - TSX Venture Exchange - CA2546771072 - Common Stock - Currency: CAD
Taking everything into account, DSV scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, DSV has proven to be a steady performer, scoring decent points in every aspect analyzed.
DSV 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 3.21, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
2.32
2 important support areas can be observed.
- A support zone ranging from 3.20 to 3.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.34 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @3.59 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 DSV.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DSV.CA is up. |
| ChartMill Relative Strength | 97.82 | POSITIVE | DSV.CA has a high relative strength, it outperformed 97.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DSV.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DSV.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DSV.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.17 | NEUTRAL | The RSI value for DSV.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests DSV.CA has a negative trend. |
| Stochastics (14,3) | 58.02 | NEUTRAL | The Stochastics value for DSV.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.95 | HIGH VOLATILITY | The high ATR as a percentage value for DSV.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 33.05 | POSITIVE | The high ADX value value for DSV.CA suggests a strong 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 |
|---|---|---|---|
| 3.60 | 3.19 | 0.41 (11.39%) | 8.78% |
| An entry @3.60. This is a Buy Stop order right above the resistance zone. | An exit @3.19. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.41 points, which is 11.39%. | For a 1.00% total portfolio risk, you can invest 8.78% of your capital in this trade. |
- 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:DSV (6/18/2025, 7:00:00 PM)
3.37
-0.17 (-4.8%)