DENISON MINES CORP (DML.CA) Stock Technical Analysis
TSX:DML - Toronto Stock Exchange - CA2483561072 - Common Stock - Currency: CAD
Taking everything into account, DML scores 0 out of 10 in our technical rating. DML scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, DML is a bad performer in the overall market: 89% of all stocks are doing better.
DML is part of the Oil, Gas & Consumable Fuels industry. There are 211 other stocks in this industry, of which 66% are performing better than DML.
DML is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month DML has a been trading in the 1.58 - 2.05 range, which is quite wide. It is currently trading near the high of this range.
DML has an average volume of 2157040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
DML has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 1.83, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DML 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
1.68
3.32
When analyzing the support we can see 3 important areas.
- A support zone ranging from 1.81 to 1.83. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.76 from a horizontal line in the daily time frame.
- Support @1.70 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 2.16 to 2.18. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @3.29 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.93
Mansfield-2.19
10 Day High1.98
10 Day Low1.69
20 Day High2.05
20 Day Low1.58
52 Week High3.45
52 Week Low1.58
Performance
1 Week6.52%
2 Weeks7.1%
1 Month-4.39%
3 Month-32.18%
6 Month-35.53%
12 Month-29.24%
2 Year31.54%
3 Year18.07%
5 Year226.67%
10 Year83.18%
15 Year20.99%
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)0.03
RSI(14)53.47
LBB1.62
UBB1.97
TSX:DML (4/24/2025, 7:00:00 PM)
1.96
+0.06 (+3.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg3.16%
1 Week6.52%
2 Weeks7.1%
1 Month-4.39%
3 Month-32.18%
6 Month-35.53%
12 Month-29.24%
2 Year31.54%
3 Year18.07%
5 Year226.67%
10 Year83.18%
15 Year20.99%
Volatility
ATR(14)0.13
ATR(20)%6.06%
ATR Inc-9.37%
Range Today0.08
ADR(20)0.11
ADR(20)%5.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.93
Mansfield-2.19
10 Day High1.98
10 Day Low1.69
20 Day High2.05
20 Day Low1.58
52 Week High3.45
52 Week Low1.58
CS1 End1.83
CR1 Start2.16
Volume & EV
DER(3)5.47%
DER(5)3.08%
Volume2.01M
Volume Incr-6.94%
Vol(5)1.94M
Vol(50)2.16M