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CHOICE PROPERTIES REIT (CHP-UN.CA) Stock Technical Analysis

TSX:CHP-UN - Toronto Stock Exchange - CA17039A1066 - REIT - Currency: CAD

14.98  -0.07 (-0.47%)

Technical Rating and Analysis

9

Taking everything into account, CHP-UN scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CHP-UN is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, CHP-UN did better than 75% of all other stocks.
CHP-UN is part of the Diversified REITs industry. There are 37 other stocks in this industry. CHP-UN outperforms 88% of them.
CHP-UN is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CHP-UN is performing more or less in line with the market.
In the last month CHP-UN has a been trading in a tight range between 14.41 and 15.21.
Weekly and Daily overview Charts
CHOICE PROPERTIES REIT / CHP-UN Weekly stock chart
CHOICE PROPERTIES REIT / CHP-UN Daily stock chart
Setup Rating and Analysis

9

CHP-UN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 15.03. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 14.93, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • 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.
Support and Resistance Analysis

12.72

15.40

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 14.85 to 14.93. 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 14.30 to 14.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @13.76 from a horizontal line in the daily time frame.
  • A support zone ranging from 13.32 to 13.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 12.85 to 12.87. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 15.03 to 15.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for CHP-UN.CA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for CHP-UN.CA is up.
ChartMill Relative Strength75.94POSITIVECHP-UN.CA has a high relative strength, it outperformed 75.94% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of CHP-UN.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of CHP-UN.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of CHP-UN.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)57.18NEUTRALThe RSI value for CHP-UN.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests CHP-UN.CA has a negative trend.
Stochastics (14,3)74.94NEUTRALThe Stochastics value for CHP-UN.CA is a neutral value.
Average True Range in percent/ATR (20)1.61LOW VOLATILITYThe low ATR as a percentage value for CHP-UN.CA suggests low volalility.
Average Directional Index/ADX (14)17.59NEGATIVEThe low ADX value for CHP-UN.CA suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
15.2614.840.42 (2.75%)25.00%
An entry @15.26. This is a Buy Stop order right above the resistance zone.An exit @14.84. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.42 points, which is 2.75%.For a 0.69% 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.
CHOICE PROPERTIES REIT / CHP-UN Daily stock chart

CHOICE PROPERTIES REIT

TSX:CHP-UN (5/30/2025, 7:00:00 PM)

14.98

-0.07 (-0.47%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-0.47%
1 Week1.63%
2 Weeks0.2%
1 Month2.39%
3 Month9.34%
6 Month7.15%
12 Month17.95%
2 Year10.47%
3 Year-0.66%
5 Year15.68%
10 Year33.39%
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%1.61%
ATR Inc-42.49%
Range Today0.1
ADR(20)0.24
ADR(20)%1.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.94
Mansfield0.35
10 Day High15.21
10 Day Low14.59
20 Day High15.21
20 Day Low14.41
52 Week High15.33
52 Week Low12.42
CS1 End14.93
CR1 Start15.03
Volume & EV
DER(3)-3.62%
DER(5)-2.51%
Volume267.10K
Volume Incr-16.34%
Vol(5)369.01K
Vol(50)502.62K