DESJARDINS RI EMERGING MARKE (DRME.CA) Stock Technical Analysis
TSX:DRME - Toronto Stock Exchange - CA25060K1093 - ETF - Currency: CAD
We assign a technical rating of 9 out of 10 to DRME. Both in the recent history as in the last year, DRME has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: DRME has an average volume of 4288 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, DRME did better than 78% of all other stocks. On top of that, DRME also shows a nice and consistent pattern of rising prices.
DRME is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month DRME has a been trading in the 18.21 - 19.31 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
DRME has an excellent technical rating, but the quality of the setup is 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
16.96
19.50
We found 1 important support area.
- A support zone ranging from 17.13 to 19.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 19.20 to 19.31. This zone is formed by a combination of multiple trend lines 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
CRS78.85
Mansfield0.37
10 Day High19.31
10 Day Low18.6
20 Day High19.31
20 Day Low18.21
52 Week High19.31
52 Week Low15.44
Performance
1 Week2.74%
2 Weeks1.16%
1 Month4.6%
3 Month5.93%
6 Month7.91%
12 Month24.9%
2 Year18.92%
3 Year4.6%
5 YearN/A
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)0.01
RSI(14)59.2
LBB18.5
UBB19.4
TSX:DRME (3/7/2025, 7:00:00 PM)
19.11
+0.03 (+0.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.16%
1 Week2.74%
2 Weeks1.16%
1 Month4.6%
3 Month5.93%
6 Month7.91%
12 Month24.9%
2 Year18.92%
3 Year4.6%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%0.89%
ATR Inc-44.49%
Range Today0.09
ADR(20)0.08
ADR(20)%0.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.85
Mansfield0.37
10 Day High19.31
10 Day Low18.6
20 Day High19.31
20 Day Low18.21
52 Week High19.31
52 Week Low15.44
CS1 End19.01
CR1 Start19.2
Volume & EV
DER(3)-1.59%
DER(5)-0.95%
Volume5.20K
Volume Incr1.5%
Vol(5)4.83K
Vol(50)4.29K