DEFINITY FINANCIAL CORP (DFY.CA) Stock Technical Analysis
TSX:DFY - Toronto Stock Exchange - CA24477T1003 - Common Stock - Currency: CAD
We assign a technical rating of 10 out of 10 to DFY. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DFY is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, DFY did better than 81% of all other stocks. We also observe that the gains produced by DFY over the past year are nicely spread over this period.
DFY is one of the better performing stocks in the Insurance industry, it outperforms 89% of 86 stocks in the same industry.
DFY is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month DFY has a been trading in the 58.34 - 64.14 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Volume is considerably higher in the last couple of days.
DFY has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 61.67, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DFY in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
51.98
63.72
When analyzing the support we can see 4 important areas.
- A support zone ranging from 60.41 to 61.67. 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 56.58 to 57.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 53.64 to 54.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @52.51 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 62.44 to 63.09. 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
CRS81.99
Mansfield1.87
10 Day High63.99
10 Day Low58.44
20 Day High64.14
20 Day Low58.34
52 Week High64.14
52 Week Low41.97
Performance
1 Week0.27%
2 Weeks6.55%
1 Month2.19%
3 Month3.46%
6 Month25.51%
12 Month35.72%
2 Year77.01%
3 Year95.52%
5 YearN/A
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)0.08
RSI(14)60.82
LBB58.37
UBB63.78
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 |
|---|---|---|---|
| 63.10 | 60.40 | 2.70 (4.28%) | 23.37% |
| An entry @63.10. This is a Buy Stop order right above the resistance zone. | An exit @60.40. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.70 points, which is 4.28%. | When investing 23.37% 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:DFY (3/7/2025, 7:00:00 PM)
62.43
-0.06 (-0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.1%
1 Week0.27%
2 Weeks6.55%
1 Month2.19%
3 Month3.46%
6 Month25.51%
12 Month35.72%
2 Year77.01%
3 Year95.52%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.55
ATR(20)%2.48%
ATR Inc11.91%
Range Today1.44
ADR(20)1.54
ADR(20)%2.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.99
Mansfield1.87
10 Day High63.99
10 Day Low58.44
20 Day High64.14
20 Day Low58.34
52 Week High64.14
52 Week Low41.97
CS1 End61.67
CR1 Start62.44
Volume & EV
DER(3)1.76%
DER(5)6.74%
Volume145.61K
Volume Incr49.91%
Vol(5)196.78K
Vol(50)119.61K