TSX:ERE-UN - Toronto Stock Exchange - CA29880W1032 - REIT - Currency: CAD
Overall ERE-UN gets a technical rating of 5 out of 10. ERE-UN has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
Although the technical rating is only medium, ERE-UN does present a nice setup opportunity. 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 support zone below the current price at 2.57, a Stop Loss order could be placed below this zone.
2.25
We found 4 important support areas.
When analyzing the resistance we notice one important area.
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 | NEUTRAL | NEUTRAL | The long term trend for ERE-UN.CA is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ERE-UN.CA is up. |
ChartMill Relative Strength | 22.89 | NEGATIVE | ERE-UN.CA has a low relative strength, it was outperformed by 77.11% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ERE-UN.CA is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ERE-UN.CA is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ERE-UN.CA is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 58.62 | NEUTRAL | The RSI value for ERE-UN.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ERE-UN.CA has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 68.52 | NEUTRAL | The Stochastics value for ERE-UN.CA is a neutral value. |
Average True Range in percent/ATR (20) | 1.54 | LOW VOLATILITY | The low ATR as a percentage value for ERE-UN.CA suggests low volalility. |
Average Directional Index/ADX (14) | 35.49 | POSITIVE | The high ADX value value for ERE-UN.CA suggests a strong trend. |
TSX:ERE-UN (7/17/2025, 7:00:00 PM)
2.58
0 (0%)