DESJARDINS GLB MF FOSS FUEL (DRFG.CA) Stock Technical Analysis
TSX:DRFG - Toronto Stock Exchange - CA25061T1093 - ETF - Currency: CAD
We assign a technical rating of 6 out of 10 to DRFG. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Warning: DRFG has an average volume of 601 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Looking at the yearly performance, DRFG did better than 74% of all other stocks. We also observe that the gains produced by DRFG over the past year are nicely spread over this period.
DRFG is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so DRFG slightly outperforms the market at the moment.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
In the last month DRFG has a been trading in a tight range between 31.96 and 32.97.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, DRFG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 32.11, a Stop Loss order could be placed below this zone.
More info and screens
25.19
33.34
When analyzing the support we can see 5 important areas.
- A support zone ranging from 31.79 to 32.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 30.96 to 31.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @29.61 from a trend line in the daily time frame.
- Support @27.62 from a horizontal line in the weekly time frame.
- Support @25.44 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 32.39 to 33.01. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS74.22
Mansfield0.61
10 Day High32.87
10 Day Low31.96
20 Day High32.97
20 Day Low31.96
52 Week High33.07
52 Week Low26.32
Performance
1 Week-0.46%
2 Weeks-1.95%
1 Month-2.27%
3 Month0.56%
6 Month12.02%
12 Month22.58%
2 Year37.12%
3 Year33.77%
5 Year75.16%
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)-0.1
RSI(14)48.58
LBB31.92
UBB33.09
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 |
|---|---|---|---|
| 32.40 | 31.95 | 0.45 (1.39%) | 25.00% |
| An entry @32.40. This is a Buy Stop order right above the 10 day moving average. | An exit @31.95. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.45 points, which is 1.39%. | For a 0.35% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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:DRFG (3/7/2025, 7:00:00 PM)
32.25
+0.17 (+0.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.53%
1 Week-0.46%
2 Weeks-1.95%
1 Month-2.27%
3 Month0.56%
6 Month12.02%
12 Month22.58%
2 Year37.12%
3 Year33.77%
5 Year75.16%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%0.79%
ATR Inc-39.94%
Range Today0
ADR(20)0.11
ADR(20)%0.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.22
Mansfield0.61
10 Day High32.87
10 Day Low31.96
20 Day High32.97
20 Day Low31.96
52 Week High33.07
52 Week Low26.32
CS1 End32.11
CR1 Start32.39
Volume & EV
DER(3)0%
DER(5)0%
Volume200
Volume Incr-22.59%
Vol(5)320
Vol(50)601.3