Cominar Real Estate Investment Trust (CUF-UN.CA) Stock Technical Analysis
TSX:CUF-UN - Toronto Stock Exchange -
Taking everything into account, CUF-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, CUF-UN is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that CUF-UN is one of the better performing stocks in the market, outperforming 77% of all stocks. We also observe that the gains produced by CUF-UN over the past year are nicely spread over this period.
CUF-UN is one of the better performing stocks in the Diversified REITs industry, it outperforms 100% of 37 stocks in the same industry.
CUF-UN is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so CUF-UN is leading the market.
CUF-UN has an average volume of 1068360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month CUF-UN has a been trading in a tight range between 11.63 and 11.75.
Volume is considerably higher in the last couple of days.
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
11.88
We found 3 important support areas.
- 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.
When analyzing the resistance we notice one important 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. |
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 |
|---|---|---|---|
| 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%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg0%
1 Week0%
2 Weeks0.69%
1 Month0.51%
3 Month2.8%
6 Month8.8%
12 Month25.43%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%0.25%
ATR Inc20.99%
Range Today0.01
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.93
Mansfield0.85
10 Day High11.75
10 Day Low11.63
20 Day High11.75
20 Day Low11.63
52 Week High11.81
52 Week Low9.2
CS1 End11.7
CR1 Start11.75
Volume & EV
DER(3)0.72%
DER(5)0.27%
Volume1.49M
Volume Incr108.35%
Vol(5)1.97M
Vol(50)1.07M