TSX:BTB-UN - Toronto Stock Exchange - CA11777P3007 - REIT - Currency: CAD
Taking everything into account, BTB-UN scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BTB-UN is only an average performer.
BTB-UN has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 3.65. Right above this resistance zone may be a good entry point.
3.10
When analyzing the support we can see 2 important areas.
We found 1 important resistance area.
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 | UP | POSITIVE | The long term trend for BTB-UN.CA is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BTB-UN.CA is up. |
ChartMill Relative Strength | 66.25 | NEUTRAL | BTB-UN.CA is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BTB-UN.CA is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BTB-UN.CA is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BTB-UN.CA is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 63.02 | NEUTRAL | The RSI value for BTB-UN.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BTB-UN.CA has a negative trend. |
Stochastics (14,3) | 80.6 | OVERBOUGHT | The high Stochastics value suggests BTB-UN.CA may be overbought. |
Average True Range in percent/ATR (20) | 1.16 | LOW VOLATILITY | The low ATR as a percentage value for BTB-UN.CA suggests low volalility. |
Average Directional Index/ADX (14) | 29.91 | POSITIVE | The high ADX value value for BTB-UN.CA suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
3.68 | 3.54 | 0.14 (3.80%) | 25.00% |
An entry @3.68. This is a Buy Stop order right above the resistance zone. | An exit @3.54. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.14 points, which is 3.80%. | For a 0.95% total portfolio risk, you can invest 25.00% of your capital in this trade. |
TSX:BTB-UN (6/13/2025, 7:00:00 PM)
3.63
-0.02 (-0.55%)