Cominar Real Estate Investment Trust (CUF-UN.CA) Stock Technical Analysis
Canada - TSX:CUF-UN -
Taking everything into account, CUF-UN scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, CUF-UN has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although CUF-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.
More info and screens
9.76
3 important support areas can be observed.
- A support zone ranging from 11.31 to 11.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.04 from a horizontal line in the weekly time frame.
- Support @9.86 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 11.75 to 11.76. This zone is formed by a combination of multiple trend lines 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 CUF-UN.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CUF-UN.CA is up. |
| ChartMill Relative Strength | 77.93 | POSITIVE | CUF-UN.CA has a high relative strength, it outperformed 77.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CUF-UN.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CUF-UN.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CUF-UN.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.72 | NEUTRAL | The RSI value for CUF-UN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CUF-UN.CA has a positive trend. |
| Stochastics (14,3) | 81.4 | OVERBOUGHT | The high Stochastics value suggests CUF-UN.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.25 | LOW VOLATILITY | The low ATR as a percentage value for CUF-UN.CA suggests low volalility. |
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 |
|---|---|---|---|
| 11.77 | 11.62 | 0.15 (1.27%) | 25.00% |
| An entry @11.77. This is a Buy Stop order right above the resistance zone. | An exit @11.62. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.15 points, which is 1.27%. | For a 0.32% 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.
Cominar Real Estate Investment Trust
TSX:CUF-UN (3/2/2022, 7:00:00 PM)
11.74
0 (0%)
Cominar Real Estate Investment Trust / CUF-UN.CA FAQ
What is the technical rating for CUF-UN stock?
ChartMill assigns a technical rating of 9 / 10 to CUF-UN.CA.
What is the trend direction for CUF-UN stock?
The current trend direction for Cominar Real Estate Investment Trust (CUF-UN.CA) is Bullish.
What is the RSI signal for CUF-UN stock?
Cominar Real Estate Investment Trust (CUF-UN.CA) has an RSI value of 62.7224. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Cominar Real Estate Investment Trust?
The MACD indicator for Cominar Real Estate Investment Trust (CUF-UN.CA) has a value of 0.00500638, indicating a bearish trend.
What is the buy/sell signal for CUF-UN stock?
The buy/sell signal for Cominar Real Estate Investment Trust (CUF-UN.CA) is buy as both the short term and long term trends are positive.