DRMU.TO Desjardins RI USA (TSX) after-hours volume spike 376,200: targets to watch
We saw a clear after-hours volume spike in DRMU.TO stock as trading volume jumped to 376,200 shares versus an average of 1,141, signaling heightened interest in the TSX-listed Desjardins RI USA ETF. The price closed at C$49.94 after hours, up C$0.20 from the previous close, and relative volume is roughly 329.71x. This article breaks down the technicals, valuation, Meyka AI grade, and practical targets for traders and investors in the Canada market.
DRMU.TO stock: After-hours volume and price action
Trading showed a clear volume spike in after-hours session with 376,200 shares, well above the 1,141 average volume. The intraday range was modest with a low of C$49.94 and a high of C$50.24, and the last quoted price was C$49.94.
DRMU.TO stock: Technical indicators and short-term setup
Momentum indicators point to near-term strength: RSI at 66.26 and MACD histogram at 0.15 indicate bullish momentum. However, the CCI at 170.06 and Stochastic %K at 99.30 flag short-term overbought conditions, suggesting any pullback could offer a lower-risk entry.
DRMU.TO stock: Fundamentals and valuation
DRMU.TO is an ESG-focused U.S. equity ETF listed on the TSX with a market cap of C$241,251,051 and EPS of 1.78, giving a PE of 28.04 on reported figures. The fund pays a trailing dividend per share of 0.42255 and a yield near 0.84%, while price averages sit at 50.31 (50-day) and 47.07 (200-day).
DRMU.TO stock: Meyka AI grade and forecast model
Meyka AI rates DRMU.TO with a score out of 100: 66.12 | Grade: B | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus.
Meyka AI’s forecast model projects C$58.26 for the 1-year horizon, implying 16.66% upside from the current C$49.94. Monthly and 3-year model points are C$51.01 (+2.14%) and C$72.84 (+45.87%) respectively. Forecasts are model-based projections and not guarantees.
DRMU.TO stock: Risks, catalysts and sector context
The fund tracks a low-carbon ESG US universe which reduces exposure to carbon-intensive sectors but may underperform if energy or cyclical sectors rebound. Sector-level strength in Financial Services in Canada is supportive, yet DRMU.TO’s very low average volume historically raises liquidity risk despite today’s spike.
For background on the fund strategy see the Desjardins product page and data image for reference source and data image.
DRMU.TO stock: Trading strategy on the volume spike
On this volume spike consider a tactical approach: a short-term target at C$51.21 (near the Bollinger upper band) and a primary 12-month target at C$58.26 per Meyka AI’s model. Use a tight stop-loss near C$49.00 for intraday positions and scale cautiously given overbought momentum indicators.
Final Thoughts
The after-hours volume spike in DRMU.TO stock to 376,200 shares is a clear short-term signal of renewed market interest in the Desjardins RI USA ETF on the TSX. Technical indicators show bullish momentum with overbought oscillators, so traders should respect potential pullbacks. Meyka AI’s forecast model projects C$58.26 in 12 months, implying 16.66% upside versus the current C$49.94, while a monthly point at C$51.01 suggests near-term upside of 2.14%. Our proprietary grade rates DRMU.TO 66.12 (B, HOLD) on a mix of benchmark and sector comparisons, financial metrics, and forecasts. These signals fit a volume-spike strategy: watch intraday liquidity, confirm follow-through in regular session volume, and align position size with liquidity risk. Forecasts are model-based projections and not guarantees. For a live quote and deeper metrics visit DRMU.TO on Meyka and the fund page linked above.
FAQs
Why did DRMU.TO stock volume spike after hours?
DRMU.TO stock volume spiked after hours likely because traders reacted to intraday technical setups and fresh interest in ESG U.S. exposure. The jump to 376,200 shares far exceeded the 1,141 average, flagging short-term liquidity and attention.
What is Meyka AI’s price forecast for DRMU.TO stock?
Meyka AI’s forecast model projects C$58.26 for DRMU.TO stock over 12 months, implying about 16.66% upside from C$49.94. These are model projections and not guarantees.
What technical risks should traders watch for DRMU.TO stock?
Key technical risks for DRMU.TO stock include overbought readings: CCI 170.06, Stochastic near 99, and RSI 66.26. A failure to sustain regular-session volume can lead to swift pullbacks.
How should investors size positions after the DRMU.TO stock volume spike?
Given DRMU.TO stock’s low average liquidity historically, keep position sizes modest and use defined stops. Consider scaling in on confirmed higher regular-session volume and aim risk per trade under your standard portfolio limits.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
