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DISTRICT METALS CORP (DMX.CA) Stock Technical Analysis

TSX-V:DMX - TSX Venture Exchange - CA2548481043 - Common Stock - Currency: CAD

0.335  +0.02 (+4.69%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to DMX. DMX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

73% of all other stocks performed better in the past year than DMX.
DMX 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 DMX has a been trading in the 0.30 - 0.42 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
DMX is part of the Metals & Mining industry. There are 822 other stocks in this industry, DMX did better than 43% of them.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
DISTRICT METALS CORP / DMX Weekly stock chart
DISTRICT METALS CORP / DMX Daily stock chart
Setup Rating and Analysis

5

DMX has a poor technical rating and the quality of the setup is also only medium 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.

Support and Resistance Analysis

0.32

0.43

2 important support areas can be observed.

  • A support zone ranging from 0.33 to 0.33. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • Support @0.32 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 3 important areas.

  • Resistance @0.40 from a trend line in the daily time frame.
  • Resistance @0.41 from a trend line in the weekly time frame.
  • Resistance @0.43 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.46
Mansfield-1.03
10 Day High0.42
10 Day Low0.31
20 Day High0.42
20 Day Low0.31
52 Week High0.5
52 Week Low0.25
Performance
1 Week-4.29%
2 Weeks-10.67%
1 Month-12.99%
3 Month-9.46%
6 Month26.42%
12 Month-2.9%
2 Year235%
3 Year45.65%
5 Year123.33%
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)39.6
LBB0.31
UBB0.4
DISTRICT METALS CORP / DMX Daily stock chart

DISTRICT METALS CORP

TSX-V:DMX (3/7/2025, 7:00:00 PM)

0.335

+0.02 (+4.69%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg4.69%
1 Week-4.29%
2 Weeks-10.67%
1 Month-12.99%
3 Month-9.46%
6 Month26.42%
12 Month-2.9%
2 Year235%
3 Year45.65%
5 Year123.33%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%5.3%
ATR Inc-10.91%
Range Today0.02
ADR(20)0.02
ADR(20)%5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.46
Mansfield-1.03
10 Day High0.42
10 Day Low0.31
20 Day High0.42
20 Day Low0.31
52 Week High0.5
52 Week Low0.25
CS1 End0.33
CR1 Start0.4
Volume & EV
DER(3)31.52%
DER(5)4.35%
Volume104.55K
Volume Incr62.04%
Vol(5)258.80K
Vol(50)146.71K