EUROPEAN RESIDENTIAL REAL ES (ERE-UN.CA) Technical Analysis
TSX:ERE-UN • CA29880W1032
Taking everything into account, ERE-UN scores 2 out of 10 in our technical rating. ERE-UN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 94% of all other stocks performed better in the past year than ERE-UN.
- ERE-UN is one of the lesser performing stocks in the Residential REITs industry. 93% of 16 stocks in the same industry do better.
- ERE-UN is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ERE-UN is lagging the market.
- In the last month ERE-UN has a been trading in the 1.10 - 1.18 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Volume is considerably higher in the last couple of days.
Although the technical rating is bad, ERE-UN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.18. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.15, a Stop Loss order could be placed below this zone.
More info and screens
1.13
We found 1 important support area.
- A support zone ranging from 1.14 to 1.15. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.18 to 1.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.58 from a trend line in the weekly time frame.
- A resistance zone ranging from 2.54 to 2.55. 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 | DOWN | NEGATIVE | The long term trend for ERE-UN.CA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ERE-UN.CA is up. |
| ChartMill Relative Strength | 6.12 | NEGATIVE | ERE-UN.CA has a low relative strength, it was outperformed by 93.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ERE-UN.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ERE-UN.CA is below a declining 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) | 53.2 | NEUTRAL | The RSI value for ERE-UN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ERE-UN.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 60 | NEUTRAL | The Stochastics value for ERE-UN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.42 | LOW VOLATILITY | The low ATR as a percentage value for ERE-UN.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 19.75 | NEGATIVE | The low ADX value for ERE-UN.CA suggests a weak or negative trend. |
ERE-UN.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:ERE-UN (3/12/2026, 7:00:00 PM)
1.16
0 (0%)
EUROPEAN RESIDENTIAL REAL ES / ERE-UN.CA FAQ
What is the technical rating for ERE-UN stock?
ChartMill assigns a technical rating of 2 / 10 to ERE-UN.CA.
Can you provide the trend direction for EUROPEAN RESIDENTIAL REAL ES?
The current trend direction for EUROPEAN RESIDENTIAL REAL ES (ERE-UN.CA) is Bearish.
What is the RSI signal for ERE-UN stock?
EUROPEAN RESIDENTIAL REAL ES (ERE-UN.CA) has an RSI value of 53.2006. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for EUROPEAN RESIDENTIAL REAL ES?
The buy/sell signal for EUROPEAN RESIDENTIAL REAL ES (ERE-UN.CA) is hold as the short term and long term trends are mixed.
Can you provide the support and resistance levels for EUROPEAN RESIDENTIAL REAL ES?
EUROPEAN RESIDENTIAL REAL ES (ERE-UN.CA) has a support level at 1.15 and a resistance level at 1.18. Check the full technical report for our detailed analysis of ERE-UN.CA support and resistance levels.