DESJARDINS RI CANADA - NET-Z (DRMC.CA) Stock Technical Analysis
TSX:DRMC - Toronto Stock Exchange - CA25060H1064 - ETF - Currency: CAD
Taking everything into account, DRMC scores 3 out of 10 in our technical rating. DRMC has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Warning: DRMC has an average volume of 2422 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
DRMC 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 DRMC 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.
When compared to the yearly performance of all other stocks, DRMC outperforms 60% of them, which is more or less in line with the market.
In the last month DRMC has a been trading in the 31.31 - 33.23 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
DRMC 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.
More info and screens
26.94
33.63
When analyzing the support we can see 2 important areas.
- A support zone ranging from 31.32 to 31.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 27.21 to 27.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 32.27 to 33.30. 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
CRS60.99
Mansfield0.36
10 Day High32.99
10 Day Low31.31
20 Day High33.23
20 Day Low31.31
52 Week High33.4
52 Week Low27.21
Performance
1 Week-1.54%
2 Weeks-1.36%
1 Month-2.91%
3 Month-3.38%
6 Month10.76%
12 Month16.32%
2 Year31.46%
3 Year21.86%
5 Year97.73%
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)-0.11
RSI(14)39.33
LBB31.64
UBB33.26
TSX:DRMC (3/7/2025, 7:00:00 PM)
32.01
+0.24 (+0.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.76%
1 Week-1.54%
2 Weeks-1.36%
1 Month-2.91%
3 Month-3.38%
6 Month10.76%
12 Month16.32%
2 Year31.46%
3 Year21.86%
5 Year97.73%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%1.08%
ATR Inc-23.08%
Range Today0.32
ADR(20)0.3
ADR(20)%0.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.99
Mansfield0.36
10 Day High32.99
10 Day Low31.31
20 Day High33.23
20 Day Low31.31
52 Week High33.4
52 Week Low27.21
CS1 End31.4
CR1 Start32.27
Volume & EV
DER(3)0.62%
DER(5)-0.64%
Volume5.41K
Volume Incr10.67%
Vol(5)3.27K
Vol(50)2.42K