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Denison Mines Corp.

DML.TO Technical Analysis Summary (TSX)

Analyze DML.TO on the TSX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

DML.TO●TSX
EnergyUranium
$4.81
$0.47(10.83%)
Canadian Market opens in NaNh NaNm

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

DML.TO Technical Analysis Summary (TSX)

Denison Mines Corp. (TSX: DML.TO) stock currently shows a neutral trend on the TSX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bullish (RSI: 63.55)
Trend Strength:Weak (ADX: 15.11)
Volatility:Medium (ATR: 0.23)
Support/Resistance:$3.81 – $4.84 (Bollinger Bands)

Technical conditions suggest Denison Mines Corp. on the TSX is awaiting a decisive move. Technical conditions suggest Denison Mines Corp. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 63.55

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 72.86

Bullish
Buying momentum building without extremes.

Williams %R: -4.61

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 22.15

Strongly Bullish
Strong upside momentum.

Takeaway:Denison Mines Corp. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.07

Bullish
Bullish, trend momentum is strengthening.

ADX: 15.11

Weak
Weak trend, market trading sideways.

ATR (14): 0.23

Low
Low volatility, stable price action.

CCI (14): 134.90

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Denison Mines Corp. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$4.84
Middle Band (SMA 20)
$4.32
Lower Band
$3.81
Current Position
Within Bands

Takeaway:Denison Mines Corp. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$4.87
Middle Line (EMA 20)
$4.41
Lower Channel
$3.95
Squeeze Status
No Squeeze

Takeaway:Denison Mines Corp. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume30.25M
Money Flow Index62.02Bullish, inflows support continued momentum.
Relative Vigor Index50.40Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:DML.TO shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Denison Mines Corp. (TSX: DML.TO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

Overall Recommendation:Technical indicators for Denison Mines Corp. are mixed, suggesting a Hold or wait-and-see approach.

(TSX: DML.TO) Technical Analysis FAQ