TSX:BTB-UN - Toronto Stock Exchange - CA11777P3007 - REIT - Currency: CAD
We assign a technical rating of 8 out of 10 to BTB-UN. 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.
Although BTB-UN has an excellent technical rating, the quality of the presented setup is not ideal 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.
3.10
We found 2 important support 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 | 68.03 | 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) | 66.75 | NEUTRAL | The RSI value for BTB-UN.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BTB-UN.CA has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 82.54 | OVERBOUGHT | The high Stochastics value suggests BTB-UN.CA may be overbought. |
Average True Range in percent/ATR (20) | 1.4 | LOW VOLATILITY | The low ATR as a percentage value for BTB-UN.CA suggests low volalility. |
Average Directional Index/ADX (14) | 19.14 | NEGATIVE | The low ADX value for BTB-UN.CA suggests a weak or negative 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 |
---|---|---|---|
3.56 | 3.35 | 0.21 (5.90%) | 16.95% |
An entry @3.56. This is a Buy Stop order right above the resistance zone. | An exit @3.35. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.21 points, which is 5.90%. | When investing 16.95% of your capital in this trade, your total portfolio risk will be 1.00%. |
TSX:BTB-UN (5/22/2025, 7:00:00 PM)
3.54
+0.03 (+0.85%)