DREAM RESIDENTIAL REAL ESTAT (DRR-UN.CA) Stock Technical Analysis
TSX:DRR-UN - Toronto Stock Exchange - CA26154C1023 - REIT - Currency: CAD
We assign a technical rating of 10 out of 10 to DRR-UN. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DRR-UN is showing a nice and steady performance.
Warning: DRR-UN has an average volume of 2824 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that DRR-UN is one of the better performing stocks in the market, outperforming 80% of all stocks. We also observe that the gains produced by DRR-UN over the past year are nicely spread over this period.
DRR-UN is part of the Residential REITs industry. There are 16 other stocks in this industry. DRR-UN outperforms 86% of them.
In the last month DRR-UN has a been trading in the 11.60 - 12.98 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
DRR-UN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DRR-UN is lagging the market slightly.
Besides having an excellent technical rating, DRR-UN 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 very little resistance above the current price. There is a support zone below the current price at 12.34, a Stop Loss order could be placed below this zone.
More info and screens
9.30
12.52
We found 5 important support areas.
- A support zone ranging from 12.04 to 12.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.45 to 11.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.26 from a horizontal line in the daily time frame.
- A support zone ranging from 9.67 to 9.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.39 from a trend line in the daily time frame.
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-UN.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DRR-UN.CA is neutral. |
| ChartMill Relative Strength | 80.85 | POSITIVE | DRR-UN.CA has a high relative strength, it outperformed 80.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DRR-UN.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DRR-UN.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DRR-UN.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.4 | NEUTRAL | The RSI value for DRR-UN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests DRR-UN.CA has a negative trend. |
| Stochastics (14,3) | 50.75 | NEUTRAL | The Stochastics value for DRR-UN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.34 | MEDIUM VOLATILITY | The ATR as a percentage value for DRR-UN.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 15.08 | NEGATIVE | The low ADX value for DRR-UN.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 |
|---|---|---|---|
| 12.57 | 12.12 | 0.45 (3.56%) | 25.00% |
| An entry @12.57. This is a Buy Stop order right above the 10 day moving average. | An exit @12.12. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.45 points, which is 3.56%. | For a 0.89% 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.
TSX:DRR-UN (6/6/2025, 7:00:00 PM)
12.4
-0.1 (-0.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg-0.8%
1 Week-4.47%
2 Weeks1.39%
1 Month0.98%
3 Month8.3%
6 Month28.76%
12 Month36.26%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%2.34%
ATR Inc-47.1%
Range Today0.1
ADR(20)0.18
ADR(20)%1.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.85
Mansfield1.55
10 Day High12.98
10 Day Low12.13
20 Day High12.98
20 Day Low11.6
52 Week High15.42
52 Week Low8.33
CS1 End12.34
CR1 StartN/A
Volume & EV
DER(3)-168.83%
DER(5)-595.63%
Volume400
Volume Incr12.49%
Vol(5)2.63K
Vol(50)2.82K