INTERRENT REAL ESTATE INVEST (IIP-UN.CA) Stock Technical Analysis
TSX:IIP-UN - Toronto Stock Exchange - CA46071W2058 - REIT - Currency: CAD
We assign a technical rating of 9 out of 10 to IIP-UN. Both in the recent history as in the last year, IIP-UN has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
IIP-UN is part of the Residential REITs industry. There are 16 other stocks in this industry. IIP-UN outperforms 100% of them.
IIP-UN is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so IIP-UN is leading the market.
IIP-UN is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Looking at the yearly performance, IIP-UN did better than 82% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Although IIP-UN has an excellent technical rating, the quality of the presented setup is 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.
More info and screens
9.58
13.90
4 important support areas can be observed.
- A support zone ranging from 13.60 to 13.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 11.67 to 11.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.22 to 10.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.68 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 13.67 to 13.76. 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 | UP | POSITIVE | The long term trend for IIP-UN.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IIP-UN.CA is up. |
| ChartMill Relative Strength | 82.45 | POSITIVE | IIP-UN.CA has a high relative strength, it outperformed 82.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IIP-UN.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IIP-UN.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IIP-UN.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.79 | OVERBOUGHT | The high RSI value suggests IIP-UN.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests IIP-UN.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.99 | OVERBOUGHT | The high Stochastics value suggests IIP-UN.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for IIP-UN.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 41.68 | POSITIVE | The high ADX value value for IIP-UN.CA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:IIP-UN (6/4/2025, 7:00:00 PM)
13.61
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg0%
1 Week-0.44%
2 Weeks15.73%
1 Month23.06%
3 Month35.69%
6 Month29.25%
12 Month13.32%
2 Year6.16%
3 Year13.51%
5 Year-5.02%
10 Year115.35%
15 Year908.15%
Volatility
ATR(14)0.39
ATR(20)%2.53%
ATR Inc-86.85%
Range Today0.04
ADR(20)0.24
ADR(20)%1.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.45
Mansfield1.57
10 Day High13.8
10 Day Low11.63
20 Day High13.8
20 Day Low11
52 Week High13.8
52 Week Low9.4
CS1 End13.6
CR1 Start13.67
Volume & EV
DER(3)-6.15%
DER(5)-6.05%
Volume978.98K
Volume Incr18.66%
Vol(5)1.04M
Vol(50)683.97K