DREAM RESIDENTIAL REAL ESTAT (DRR-U.CA) Stock Technical Analysis
TSX:DRR-U - Toronto Stock Exchange - CA26154C1023 - REIT - Currency: USD
Overall DRR-U gets a technical rating of 10 out of 10. Both in the recent history as in the last year, DRR-U has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: DRR-U has an average volume of 5846 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that DRR-U is one of the better performing stocks in the market, outperforming 81% of all stocks. We also observe that the gains produced by DRR-U over the past year are nicely spread over this period.
DRR-U is part of the Residential REITs industry. There are 16 other stocks in this industry. DRR-U outperforms 93% of them.
DRR-U 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 DRR-U is leading the market.
In the last month DRR-U has a been trading in the 8.45 - 9.36 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, DRR-U also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 9.32. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for DRR-U in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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.
More info and screens
6.11
9.46
We found 6 important support areas.
- A support zone ranging from 8.95 to 9.00. 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 8.58 to 8.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.24 from a horizontal line in the weekly time frame.
- Support @6.58 from a trend line in the weekly time frame.
- Support @6.40 from a horizontal line in the daily time frame.
- Support @6.17 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.32 to 9.37. 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 | UP | POSITIVE | The short term trend for DRR-U.CA is up. |
| ChartMill Relative Strength | 81.45 | POSITIVE | DRR-U.CA has a high relative strength, it outperformed 81.45% 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) | 52.6 | NEUTRAL | The RSI value for DRR-U.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests DRR-U.CA has a negative trend. |
| Stochastics (14,3) | 68.86 | NEUTRAL | The Stochastics value for DRR-U.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.4 | MEDIUM VOLATILITY | The ATR as a percentage value for DRR-U.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 7.8 | NEGATIVE | The low ADX value for DRR-U.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)
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 |
|---|---|---|---|
| 9.38 | 8.94 | 0.44 (4.69%) | 21.32% |
| An entry @9.38. This is a Buy Stop order right above the resistance zone. | An exit @8.94. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.44 points, which is 4.69%. | When investing 21.32% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
TSX:DRR-U (6/6/2025, 7:00:00 PM)
9.05
-0.13 (-1.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg-1.42%
1 Week-3.21%
2 Weeks1.69%
1 Month2.84%
3 Month8.25%
6 Month34.07%
12 Month39.23%
2 Year13.13%
3 Year-1.09%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%3.4%
ATR Inc-25.38%
Range Today0.26
ADR(20)0.29
ADR(20)%3.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.45
Mansfield1.75
10 Day High9.36
10 Day Low8.77
20 Day High9.36
20 Day Low8.45
52 Week High9.45
52 Week Low0
CS1 End9
CR1 Start9.32
Volume & EV
DER(3)5.46%
DER(5)5.39%
Volume1.40K
Volume Incr-64.29%
Vol(5)2.93K
Vol(50)5.85K