DREAM RESIDENTIAL REAL ESTAT (DRR-UN.CA) Stock Technical Analysis
TSX:DRR-UN - Toronto Stock Exchange - CA26154C1023 - REIT - Currency: CAD
Overall DRR-UN gets a technical rating of 7 out of 10. In the last year, DRR-UN was one of the better performers, but we do observe some doubts in the very recent evolution.
Warning: DRR-UN has an average volume of 2827 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 75% 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 73% of them.
DRR-UN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DRR-UN is lagging the market.
In the last month DRR-UN has a been trading in the 12.02 - 13.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
DRR-UN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. Another positive sign is the recent Pocket Pivot signal.
- 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
9.57
13.11
We found 5 important support areas.
- A support zone ranging from 12.30 to 12.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.10 from a horizontal line in the daily time frame.
- Support @11.26 from a horizontal line in the daily time frame.
- Support @9.84 from a trend line in the weekly time frame.
- Support @9.67 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 12.32 to 12.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.98 from a horizontal 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 | 75.72 | POSITIVE | DRR-UN.CA has a high relative strength, it outperformed 75.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DRR-UN.CA is below a declining 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) | 46.3 | 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) | 52.19 | NEUTRAL | The Stochastics value for DRR-UN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.02 | MEDIUM VOLATILITY | The ATR as a percentage value for DRR-UN.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 11.81 | 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)
TSX:DRR-UN (7/11/2025, 7:00:00 PM)
12.31
-0.44 (-3.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg-3.45%
1 Week-3.83%
2 Weeks-3.83%
1 Month-1.52%
3 Month6.12%
6 Month33.23%
12 Month41.49%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%2.02%
ATR Inc59.18%
Range Today0.48
ADR(20)0.17
ADR(20)%1.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.72
Mansfield0.71
10 Day High12.8
10 Day Low12.02
20 Day High13
20 Day Low12.02
52 Week High15.42
52 Week Low8.53
CS1 End12.3
CR1 Start12.32
Volume & EV
DER(3)0%
DER(5)0%
Volume28.81K
Volume Incr317.5%
Vol(5)7.25K
Vol(50)2.83K