CAN APARTMENT PROP REAL ESTA (CAR-UN.CA) Stock Technical Analysis
TSX:CAR-UN - Toronto Stock Exchange - CA1349211054 - REIT - Currency: CAD
Taking everything into account, CAR-UN scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, CAR-UN is a bad performer.
70% of all other stocks performed better in the past year than CAR-UN.
CAR-UN is one of the lesser performing stocks in the Residential REITs industry. 68% of 17 stocks in the same industry do better.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month CAR-UN has a been trading in the 43.64 - 46.29 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
CAR-UN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CAR-UN is lagging the market.
CAR-UN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 45.15, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
38.34
46.57
When analyzing the support we can see 3 important areas.
- A support zone ranging from 45.00 to 45.15. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 43.57 to 44.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 38.73 to 39.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 45.38 to 46.11. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for CAR-UN.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CAR-UN.CA is up. |
| ChartMill Relative Strength | 30.8 | NEUTRAL | CAR-UN.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CAR-UN.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CAR-UN.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CAR-UN.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.23 | NEUTRAL | The RSI value for CAR-UN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CAR-UN.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.65 | NEUTRAL | The Stochastics value for CAR-UN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.68 | LOW VOLATILITY | The low ATR as a percentage value for CAR-UN.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 17.28 | NEGATIVE | The low ADX value for CAR-UN.CA suggests a weak or negative 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)
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 |
|---|---|---|---|
| 46.12 | 44.99 | 1.13 (2.45%) | 25.00% |
| An entry @46.12. This is a Buy Stop order right above the resistance zone. | An exit @44.99. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.13 points, which is 2.45%. | For a 0.61% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:CAR-UN (7/25/2025, 7:00:00 PM)
45.37
+0.08 (+0.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg0.18%
1 Week0.8%
2 Weeks0.44%
1 Month3.99%
3 Month9.96%
6 Month13.31%
12 Month-6.65%
2 Year-11.75%
3 Year-5.63%
5 Year-5.75%
10 Year63.32%
15 Year203.57%
Volatility
ATR(14)0.7
ATR(20)%1.68%
ATR Inc5.07%
Range Today0.67
ADR(20)0.76
ADR(20)%1.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.8
Mansfield-0.84
10 Day High46.29
10 Day Low44.76
20 Day High46.29
20 Day Low43.64
52 Week High56.71
52 Week Low37.28
CS1 End45.15
CR1 Start45.38
Volume & EV
DER(3)-3.54%
DER(5)1.51%
Volume200.04K
Volume Incr-18.62%
Vol(5)321.44K
Vol(50)366.49K