Canada - Toronto Stock Exchange - TSX:GRT-UN - CA3874372053 - REIT
We assign a technical rating of 0 out of 10 to GRT-UN. GRT-UN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, GRT-UN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 76.24. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 76.19, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GRT-UN in the last couple of days, which is a good sign.
74.25
We found 1 important support area.
We can see 3 important resistance areas.
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 GRT-UN.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GRT-UN.CA is down. |
| ChartMill Relative Strength | 30.16 | NEUTRAL | GRT-UN.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GRT-UN.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GRT-UN.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GRT-UN.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.01 | NEUTRAL | The RSI value for GRT-UN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests GRT-UN.CA has a positive trend. |
| Stochastics (14,3) | 43.17 | NEUTRAL | The Stochastics value for GRT-UN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.58 | LOW VOLATILITY | The low ATR as a percentage value for GRT-UN.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 12.05 | NEGATIVE | The low ADX value for GRT-UN.CA suggests a weak or negative trend. |
TSX:GRT-UN (12/5/2025, 7:00:00 PM)
76.2
+0.23 (+0.3%)
ChartMill assigns a technical rating of 0 / 10 to GRT-UN.CA.
The current trend direction for GRANITE REAL ESTATE INVESTME (GRT-UN.CA) is Bearish.
GRANITE REAL ESTATE INVESTME (GRT-UN.CA) has an RSI value of 46.0124. This indicates that the stock is currently neutral.
The MACD indicator for GRANITE REAL ESTATE INVESTME (GRT-UN.CA) has a value of 0.0213749, indicating a bearish trend.
GRANITE REAL ESTATE INVESTME (GRT-UN.CA) has a support level at 76.19 and a resistance level at 76.24. Check the full technical report for our detailed analysis of GRT-UN.CA support and resistance levels.