Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
Draganfly Inc.

DPRO.CN Technical Analysis Summary (CNQ)

Analyze DPRO.CN on the CNQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

DPRO.CN●CNQ
IndustrialsAerospace & Defense
$5.96
$0.09(1.49%)
Canadian Market opens in 21h 18m

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

DPRO.CN Technical Analysis Summary (CNQ)

Draganfly Inc. (CNQ: DPRO.CN) stock currently shows a neutral trend on the CNQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bearish to Weak (RSI: 37.21)
Trend Strength:Weak (ADX: 16.55)
Volatility:High (ATR: 0.38)
Support/Resistance:$5.50 – $7.83 (Bollinger Bands)

Technical conditions suggest Draganfly Inc. on the CNQ is awaiting a decisive move. This mix signals that Draganfly Inc. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 37.21

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 23.49

Bearish
Momentum remains weak below midpoint.

Williams %R: -77.86

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -18.63

Strongly Bearish
Sharp downside momentum.

Takeaway:Draganfly Inc. shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.52

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 16.55

Weak
Weak trend, market trading sideways.

ATR (14): 0.38

Low
Low volatility, stable price action.

CCI (14): -60.90

Bearish
Bearish, momentum remains under pressure.

Takeaway:Draganfly Inc. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$7.83
Middle Band (SMA 20)
$6.67
Lower Band
$5.50
Current Position
Within Bands

Takeaway:Draganfly Inc. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$7.38
Middle Line (EMA 20)
$6.63
Lower Channel
$5.88
Squeeze Status
No Squeeze

Takeaway:Draganfly Inc. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-111.27K
Money Flow Index8.13Bullish, oversold conditions signal rebound potential.
Relative Vigor Index41.52Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:DPRO.CN shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Draganfly Inc. (CNQ: DPRO.CN), here are the key trading signals and recommendations:

Bullish Signals

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Draganfly Inc. are mixed, suggesting a Hold or wait-and-see approach.

(CNQ: DPRO.CN) Technical Analysis FAQ