DESERT MOUNTAIN ENERGY CORP (DME.CA) Stock Technical Analysis
TSX-V:DME - TSX Venture Exchange - CA25043D1078 - Common Stock - Currency: CAD
We assign a technical rating of 0 out of 10 to DME. DME scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, DME is a bad performer in the overall market: 82% of all stocks are doing better.
DME is one of the lesser performing stocks in the Metals & Mining industry. 68% of 822 stocks in the same industry do better.
DME is currently trading near the lower end of its 52 week range, which is not a good sign. DME is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month DME has a been trading in the 0.18 - 0.27 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, DME does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for DME in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.21
0.44
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 0.27 to 0.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.31 from a trend line in the daily time frame.
- A resistance zone ranging from 0.33 to 0.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.44 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.32
Mansfield-3
10 Day High0.25
10 Day Low0.19
20 Day High0.27
20 Day Low0.19
52 Week High0.47
52 Week Low0.19
Performance
1 Week-4.55%
2 Weeks-2.33%
1 Month-10.64%
3 Month-20.75%
6 Month-23.64%
12 Month-12.5%
2 Year-87.5%
3 Year-94.26%
5 Year16.67%
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)41.44
LBB0.19
UBB0.25
TSX-V:DME (3/7/2025, 7:00:00 PM)
0.21
-0.01 (-2.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-2.33%
1 Week-4.55%
2 Weeks-2.33%
1 Month-10.64%
3 Month-20.75%
6 Month-23.64%
12 Month-12.5%
2 Year-87.5%
3 Year-94.26%
5 Year16.67%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%9.52%
ATR Inc-8.2%
Range Today0.01
ADR(20)0.02
ADR(20)%8.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.32
Mansfield-3
10 Day High0.25
10 Day Low0.19
20 Day High0.27
20 Day Low0.19
52 Week High0.47
52 Week Low0.19
CS1 EndN/A
CR1 Start0.27
Volume & EV
DER(3)32.63%
DER(5)16.78%
Volume145.12K
Volume Incr17.46%
Vol(5)115.31K
Vol(50)72.87K