EUROPEAN RESIDENTIAL REAL ES (ERE-UN.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:ERE-UN - CA29880W1032 - REIT
Overall ERE-UN gets a technical rating of 1 out of 10. 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.
Although the technical rating is bad, ERE-UN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 1.09, a Stop Loss order could be placed below this zone.
More info and screens
1.02
2 important support areas can be observed.
- A support zone ranging from 1.08 to 1.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.03 from a horizontal line in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 1.10 to 1.10. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.12 to 1.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.08 from a trend line in the weekly time frame.
- Resistance @2.48 from a horizontal line in the daily time frame.
- A resistance zone ranging from 2.54 to 2.54. 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 | DOWN | NEGATIVE | The short term trend for ERE-UN.CA is down. |
| ChartMill Relative Strength | 0.7 | NEGATIVE | ERE-UN.CA has a low relative strength, it was outperformed by 99.3% 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) | 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) | 40.65 | NEUTRAL | The RSI value for ERE-UN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ERE-UN.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 46.67 | NEUTRAL | The Stochastics value for ERE-UN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.27 | MEDIUM VOLATILITY | The ATR as a percentage value for ERE-UN.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 30.58 | POSITIVE | The high ADX value value for ERE-UN.CA suggests a strong trend. |
TSX:ERE-UN (12/1/2025, 7:00:00 PM)
1.1
-0.01 (-0.9%)
EUROPEAN RESIDENTIAL REAL ES / ERE-UN.CA FAQ
What is the technical rating for ERE-UN stock?
ChartMill assigns a technical rating of 1 / 10 to ERE-UN.CA.
What is the trend direction for ERE-UN stock?
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 40.6485. This indicates that the stock is currently neutral.
What is the short term momentum for ERE-UN stock?
The short term momentum for EUROPEAN RESIDENTIAL REAL ES (ERE-UN.CA) is negative.
What is the support and resistance level for ERE-UN stock?
EUROPEAN RESIDENTIAL REAL ES (ERE-UN.CA) has a support level at 1.09 and a resistance level at 1.1. Check the full technical report for our detailed analysis of ERE-UN.CA support and resistance levels.