EUROPEAN RESIDENTIAL REAL ES (ERE-UN.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:ERE-UN - CA29880W1032 - REIT
We assign a technical rating of 4 out of 10 to ERE-UN. In the past year, ERE-UN was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
ERE-UN has an average technical rating and the quality of the presented setup is also not ideal 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.
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1.00
We found 3 important support areas.
- A support zone ranging from 1.11 to 1.12. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.08 from a horizontal line in the daily time frame.
- A support zone ranging from 1.01 to 1.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 1.19 to 1.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.90 from a trend line in the weekly time frame.
- A resistance zone ranging from 2.31 to 2.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 2.54 to 2.56. 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 | 9.54 | NEGATIVE | ERE-UN.CA has a low relative strength, it was outperformed by 90.46% 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) | 62.33 | 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) | 60.61 | NEUTRAL | The Stochastics value for ERE-UN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.03 | MEDIUM VOLATILITY | The ATR as a percentage value for ERE-UN.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.53 | NEUTRAL | The ADX value for ERE-UN.CA suggests a possible start of a new trend. |
TSX:ERE-UN (1/9/2026, 7:00:00 PM)
1.18
+0.02 (+1.72%)
EUROPEAN RESIDENTIAL REAL ES / ERE-UN.CA FAQ
What is the technical rating for ERE-UN stock?
ChartMill assigns a technical rating of 4 / 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 62.3318. 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 1.12 and a resistance level at 1.19. Check the full technical report for our detailed analysis of ERE-UN.CA support and resistance levels.