ARTIS REAL ESTATE INVESTMENT (AX-UN.CA) Stock Technical Analysis
TSX:AX-UN - CA04315L1058 - REIT
7.29 CAD
+0.11 (+1.53%)
Taking everything into account, AX-UN scores 0 out of 10 in our technical rating. AX-UN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, AX-UN is a bad performer in the overall market: 79% of all stocks are doing better.
AX-UN is part of the Diversified REITs industry. There are 37 other stocks in this industry, of which 72% are performing better than AX-UN.
AX-UN is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
AX-UN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AX-UN is lagging the market.
In the last month AX-UN has a been trading in a tight range between 7.10 and 7.46.
Although the technical rating is bad, AX-UN does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 7.25, a Stop Loss order could be placed below this zone.
More info and screens
6.59
7.87
3 important support areas can be observed.
- A support zone ranging from 7.14 to 7.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @6.99 from a trend line in the weekly time frame.
- Support @6.66 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 7.58 to 7.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for AX-UN.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AX-UN.CA is down. |
| ChartMill Relative Strength | 21.12 | NEGATIVE | AX-UN.CA has a low relative strength, it was outperformed by 78.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AX-UN.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AX-UN.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AX-UN.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.75 | NEUTRAL | The RSI value for AX-UN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests AX-UN.CA has a positive trend. |
| Stochastics (14,3) | 59.94 | NEUTRAL | The Stochastics value for AX-UN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.34 | LOW VOLATILITY | The low ATR as a percentage value for AX-UN.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 23.31 | NEUTRAL | The ADX value for AX-UN.CA suggests a possible start of a new trend. |
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)
TSX:AX-UN (9/3/2025, 7:00:00 PM)
7.29
+0.11 (+1.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg1.53%
1 Week1.53%
2 Weeks1.11%
1 Month-1.88%
3 Month-0.95%
6 Month-5.08%
12 Month-2.93%
2 Year12.85%
3 Year-23.87%
5 Year-22.58%
10 Year-51.46%
15 Year-55.49%
Volatility
ATR(14)0.08
ATR(20)%1.34%
ATR Inc9.02%
Range Today0.1
ADR(20)0.1
ADR(20)%1.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.12
Mansfield-1.12
10 Day High7.32
10 Day Low7.13
20 Day High7.46
20 Day Low7.1
52 Week High8.38
52 Week Low6.27
CS1 End7.25
CR1 Start7.58
Volume & EV
DER(3)-7.24%
DER(5)-9.46%
Volume128.15K
Volume Incr48.3%
Vol(5)168.82K
Vol(50)98.36K