ARTIS REAL ESTATE INVESTMENT (AX-UN.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:AX-UN - CA04315L1058 - REIT
We assign a technical rating of 5 out of 10 to AX-UN. Recently some decent action could be observed, but in the medium term time frame this is still negative. AX-UN was also a bad performer in the overall market in the last year.
AX-UN has an average technical rating and it also does not offer a high quality setup 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
5.99
2 important support areas can be observed.
- A support zone ranging from 6.63 to 6.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.05 to 6.05. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @7.30 from a trend line in the daily time frame.
- A resistance zone ranging from 7.48 to 7.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 7.76 to 7.86. 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 | NEUTRAL | NEUTRAL | The long term trend for AX-UN.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AX-UN.CA is up. |
| ChartMill Relative Strength | 18.5 | NEGATIVE | AX-UN.CA has a low relative strength, it was outperformed by 81.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AX-UN.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AX-UN.CA is above the rising 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) | 68.28 | NEUTRAL | The RSI value for AX-UN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests AX-UN.CA has a positive trend. |
| Stochastics (14,3) | 95.39 | OVERBOUGHT | The high Stochastics value suggests AX-UN.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.32 | MEDIUM VOLATILITY | The ATR as a percentage value for AX-UN.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 22.39 | NEUTRAL | The ADX value for AX-UN.CA suggests a possible start of a new trend. |
TSX:AX-UN (12/4/2025, 7:00:00 PM)
7.06
+0.22 (+3.22%)
ARTIS REAL ESTATE INVESTMENT / AX-UN.CA FAQ
Can you provide the ChartMill technical rating for ARTIS REAL ESTATE INVESTMENT?
ChartMill assigns a technical rating of 5 / 10 to AX-UN.CA.
Can you provide the trend direction for ARTIS REAL ESTATE INVESTMENT?
The current trend direction for ARTIS REAL ESTATE INVESTMENT (AX-UN.CA) is Bearish.
Can you provide the RSI signal for ARTIS REAL ESTATE INVESTMENT?
ARTIS REAL ESTATE INVESTMENT (AX-UN.CA) has an RSI value of 68.2755. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ARTIS REAL ESTATE INVESTMENT?
The MACD indicator for ARTIS REAL ESTATE INVESTMENT (AX-UN.CA) has a value of 0.0469311, indicating a bearish trend.
What is the short term momentum for AX-UN stock?
The short term momentum for ARTIS REAL ESTATE INVESTMENT (AX-UN.CA) is positive.