TSX:ERE-UN - Toronto Stock Exchange - CA29880W1032 - REIT - Currency: CAD
Overall ERE-UN gets a technical rating of 2 out of 10. ERE-UN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
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. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 2.49, a Stop Loss order could be placed below this zone.
2.25
3 important support areas can be observed.
We found 1 important resistance 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 | DOWN | NEGATIVE | The long term trend for ERE-UN.CA is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ERE-UN.CA is neutral. |
ChartMill Relative Strength | 49.69 | NEUTRAL | ERE-UN.CA is not amongst the best or worst performers 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 | MIXED | The current price of ERE-UN.CA is above 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) | 50.21 | 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) | 57.78 | NEUTRAL | The Stochastics value for ERE-UN.CA is a neutral value. |
Average True Range in percent/ATR (20) | 1.83 | LOW VOLATILITY | The low ATR as a percentage value for ERE-UN.CA suggests low volalility. |
Average Directional Index/ADX (14) | 14.33 | NEGATIVE | The low ADX value for ERE-UN.CA suggests a weak or negative trend. |
TSX:ERE-UN (6/6/2025, 7:00:00 PM)
2.5
+0.01 (+0.4%)