DREAM RESIDENTIAL REAL ESTAT (DRR-UN.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:DRR-UN • CA26154C1023
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 9390 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, DRR-UN did better than 75% of all other stocks. On top of that, DRR-UN also shows a nice and consistent pattern of rising prices.
- DRR-UN is one of the better performing stocks in the Residential REITs industry, it outperforms 100% of 15 stocks in the same industry.
- DRR-UN 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.
- In the last month DRR-UN has a been trading in a tight range between 14.39 and 15.07.
- Volume is considerably higher in the last couple of days.
Although DRR-UN has an excellent technical rating, it does not present a decent entry opportunity 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
10.23
When analyzing the support we can see 5 important areas.
- A support zone ranging from 14.39 to 14.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.98 from a trend line in the daily time frame.
- Support @13.71 from a trend line in the weekly time frame.
- Support @12.40 from a horizontal line in the daily time frame.
- Support @10.33 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 15.06 to 15.06. 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-UN.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DRR-UN.CA is up. |
| ChartMill Relative Strength | 75.17 | POSITIVE | DRR-UN.CA has a high relative strength, it outperformed 75.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DRR-UN.CA is above 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) | 62.79 | NEUTRAL | The RSI value for DRR-UN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests DRR-UN.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 82.86 | OVERBOUGHT | The high Stochastics value suggests DRR-UN.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.74 | LOW VOLATILITY | The low ATR as a percentage value for DRR-UN.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 23.86 | NEUTRAL | The ADX value for DRR-UN.CA suggests a possible start of a new trend. |
TSX:DRR-UN (11/20/2025, 7:00:00 PM)
15.05
+0.02 (+0.13%)
DREAM RESIDENTIAL REAL ESTAT / DRR-UN.CA FAQ
Can you provide the ChartMill technical rating for DREAM RESIDENTIAL REAL ESTAT?
ChartMill assigns a technical rating of 10 / 10 to DRR-UN.CA.
What is the current trend direction of DREAM RESIDENTIAL REAL ESTAT (DRR-UN.CA) stock?
The current trend direction for DREAM RESIDENTIAL REAL ESTAT (DRR-UN.CA) is Bullish.
What is the RSI signal for DRR-UN stock?
DREAM RESIDENTIAL REAL ESTAT (DRR-UN.CA) has an RSI value of 62.7919. This indicates that the stock is currently neutral.
What is the short term momentum for DREAM RESIDENTIAL REAL ESTAT (DRR-UN.CA) stock?
The short term momentum for DREAM RESIDENTIAL REAL ESTAT (DRR-UN.CA) is positive.
Can you provide the support and resistance levels for DREAM RESIDENTIAL REAL ESTAT?
DREAM RESIDENTIAL REAL ESTAT (DRR-UN.CA) has a support level at 14.8 and a resistance level at 15.06. Check the full technical report for our detailed analysis of DRR-UN.CA support and resistance levels.