DREAM RESIDENTIAL REAL ESTAT (DRR-U.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:DRR-U • CA26154C1023
We assign a technical rating of 8 out of 10 to DRR-U. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DRR-U is showing a nice and steady performance.
- 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.
- When comparing the yearly performance of all stocks, we notice that DRR-U is one of the better performing stocks in the market, outperforming 75% of all stocks. On top of that, DRR-U also shows a nice and consistent pattern of rising prices.
- DRR-U is part of the Residential REITs industry. There are 15 other stocks in this industry. DRR-U outperforms 100% of them.
- A new 52 week high is currently being made by DRR-U, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month DRR-U has a been trading in a tight range between 10.16 and 10.73.
- Volume is considerably higher in the last couple of days.
Although DRR-U has an excellent technical rating, it does not offer a high quality setup 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
6.11
5 important support areas can be observed.
- A support zone ranging from 10.39 to 10.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.53 from a trend line in the daily time frame.
- Support @9.32 from a horizontal line in the daily time frame.
- Support @9.00 from a horizontal line in the daily time frame.
- Support @6.17 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 10.73 to 10.73. 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 DRR-U.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DRR-U.CA is neutral. |
| ChartMill Relative Strength | 75.32 | POSITIVE | DRR-U.CA has a high relative strength, it outperformed 75.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DRR-U.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DRR-U.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DRR-U.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.67 | NEUTRAL | The RSI value for DRR-U.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests DRR-U.CA has a positive trend. |
| Stochastics (14,3) | 84.94 | OVERBOUGHT | The high Stochastics value suggests DRR-U.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.76 | LOW VOLATILITY | The low ATR as a percentage value for DRR-U.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 20.72 | NEUTRAL | The ADX value for DRR-U.CA suggests a possible start of a new trend. |
TSX:DRR-U (11/20/2025, 7:00:00 PM)
10.72
0 (0%)
DREAM RESIDENTIAL REAL ESTAT / DRR-U.CA FAQ
What is the ChartMill technical rating of DREAM RESIDENTIAL REAL ESTAT (DRR-U.CA) stock?
ChartMill assigns a technical rating of 8 / 10 to DRR-U.CA.
Can you provide the trend direction for DREAM RESIDENTIAL REAL ESTAT?
The current trend direction for DREAM RESIDENTIAL REAL ESTAT (DRR-U.CA) is Bullish.
Can you provide the RSI signal for DREAM RESIDENTIAL REAL ESTAT?
DREAM RESIDENTIAL REAL ESTAT (DRR-U.CA) has an RSI value of 65.6727. This indicates that the stock is currently neutral.
What is the support and resistance level for DRR-U stock?
DREAM RESIDENTIAL REAL ESTAT (DRR-U.CA) has a support level at 10.65 and a resistance level at 10.73. Check the full technical report for our detailed analysis of DRR-U.CA support and resistance levels.