DREAM RESIDENTIAL REAL ESTAT (DRR-U.CA) Stock Technical Analysis
TSX:DRR-U - CA26154C1023 - REIT
10.52 USD
+0.02 (+0.19%)
Overall DRR-U gets a technical rating of 10 out of 10. 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.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, DRR-U did better than 79% of all other 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 17 other stocks in this industry. DRR-U outperforms 87% of them.
DRR-U is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
DRR-U is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
DRR-U has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
6.11
10.70
When analyzing the support we can see 4 important areas.
- A support zone ranging from 9.32 to 9.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.00 to 9.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.74 from a trend line in the weekly 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 10.53 to 10.59. 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 | 79.59 | POSITIVE | DRR-U.CA has a high relative strength, it outperformed 79.59% 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) | 70.16 | OVERBOUGHT | The high RSI value suggests DRR-U.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests DRR-U.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.76 | OVERBOUGHT | The high Stochastics value suggests DRR-U.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.18 | MEDIUM VOLATILITY | The ATR as a percentage value for DRR-U.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 25.79 | POSITIVE | The high ADX value value for DRR-U.CA suggests a strong 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:DRR-U (9/3/2025, 7:00:00 PM)
10.52
+0.02 (+0.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg0.19%
1 Week0.38%
2 Weeks14.97%
1 Month13.24%
3 Month16.24%
6 Month25.84%
12 Month53.58%
2 Year51.37%
3 Year45.1%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%2.18%
ATR Inc-58.82%
Range Today0.09
ADR(20)0.14
ADR(20)%1.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.59
Mansfield1.92
10 Day High10.66
10 Day Low9
20 Day High10.66
20 Day Low8.9
52 Week High10.66
52 Week Low0
CS1 End9.6
CR1 Start10.53
Volume & EV
DER(3)0%
DER(5)0%
Volume14.60K
Volume Incr-73.88%
Vol(5)22.29K
Vol(50)39.22K