CHOICE PROPERTIES REIT (CHP-UN.CA) Stock Technical Analysis
TSX:CHP-UN - Toronto Stock Exchange - CA17039A1066 - REIT - Currency: CAD
We assign a technical rating of 5 out of 10 to CHP-UN. In the last year, CHP-UN was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
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.
When comparing the performance of all stocks over the past year, CHP-UN turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
CHP-UN is part of the Diversified REITs industry. There are 37 other stocks in this industry, CHP-UN did better than 69% of them.
In the last month CHP-UN has a been trading in a tight range between 14.46 and 15.21.
CHP-UN has only a medium technical rating, but it does show 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 14.67. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 14.58, a Stop Loss order could be placed below this zone.
More info and screens
13.24
15.40
When analyzing the support we can see 3 important areas.
- A support zone ranging from 14.41 to 14.58. 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 13.37 to 13.53. 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 14.67 to 15.25. 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 CHP-UN.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CHP-UN.CA is neutral. |
| ChartMill Relative Strength | 65.46 | NEUTRAL | CHP-UN.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CHP-UN.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CHP-UN.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CHP-UN.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.45 | NEUTRAL | The RSI value for CHP-UN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CHP-UN.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.27 | NEUTRAL | The Stochastics value for CHP-UN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.45 | LOW VOLATILITY | The low ATR as a percentage value for CHP-UN.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 10.23 | NEGATIVE | The low ADX value for CHP-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)
TSX:CHP-UN (6/20/2025, 7:00:00 PM)
14.64
+0.03 (+0.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg0.21%
1 Week0.27%
2 Weeks-0.2%
1 Month-0.68%
3 Month4.87%
6 Month9.66%
12 Month17.31%
2 Year7.89%
3 Year4.2%
5 Year14.91%
10 Year35.56%
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%1.45%
ATR Inc-52.73%
Range Today0.13
ADR(20)0.21
ADR(20)%1.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.46
Mansfield0.01
10 Day High14.86
10 Day Low14.46
20 Day High15.21
20 Day Low14.46
52 Week High15.33
52 Week Low12.49
CS1 End14.58
CR1 Start14.67
Volume & EV
DER(3)2.46%
DER(5)-0.88%
Volume484.95K
Volume Incr-30.03%
Vol(5)347.25K
Vol(50)461.40K