DESTINY MEDIA TECHNOLOGIES (DSY.CA) Stock Technical Analysis
TSX-V:DSY - TSX Venture Exchange - US25063G3039 - Common Stock - Currency: CAD
Overall DSY gets a technical rating of 0 out of 10. DSY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, DSY is a bad performer in the overall market: 97% of all stocks are doing better.
DSY is part of the Interactive Media & Services industry. There are 12 other stocks in this industry, of which 81% are performing better than DSY.
DSY is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DSY is lagging the market.
Warning: DSY has an average volume of 3131 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month DSY has a been trading in the 0.50 - 0.85 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
DSY has a poor technical rating and the quality of the setup is also not perfect 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
0.49
1.38
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.69 to 0.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.50 to 0.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.49 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @1.08 from a trend line in the daily time frame.
- Resistance @1.25 from a trend line in the weekly time frame.
- Resistance @1.37 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for DSY.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DSY.CA is neutral. |
| ChartMill Relative Strength | 3.79 | NEGATIVE | DSY.CA has a low relative strength, it was outperformed by 96.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of DSY.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DSY.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DSY.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.67 | NEUTRAL | The RSI value for DSY.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests DSY.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.7 | NEUTRAL | The Stochastics value for DSY.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 10.7 | HIGH VOLATILITY | The high ATR as a percentage value for DSY.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 10.53 | NEGATIVE | The low ADX value for DSY.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:DSY (6/20/2025, 7:00:00 PM)
0.71
-0.11 (-13.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg-13.41%
1 Week4.41%
2 Weeks42%
1 Month-11.25%
3 Month-49.29%
6 Month-52.67%
12 Month-42.74%
2 Year-18.39%
3 Year-18.39%
5 Year-25.26%
10 Year111.94%
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%10.7%
ATR Inc48.67%
Range Today0.1
ADR(20)0.01
ADR(20)%1.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.79
Mansfield-4.82
10 Day High0.85
10 Day Low0.55
20 Day High0.85
20 Day Low0.5
52 Week High1.58
52 Week Low0.5
CS1 End0.7
CR1 Start1.08
Volume & EV
DER(3)0%
DER(5)-96.44%
Volume6.32K
Volume Incr9.13%
Vol(5)4.30K
Vol(50)3.13K