FLAGSHIP COMMUNITIES REIT UT (MHC-UN.CA) Technical Analysis

TSX:MHC-UN • CA33843T1084

26.88 CAD
+0.37 (+1.4%)
Last: Mar 6, 2026, 07:00 PM
Technical Rating and Analysis

3

Overall MHC-UN gets a technical rating of 3 out of 10. In the last year, MHC-UN was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.

  • In the last month MHC-UN has a been trading in the 25.36 - 27.60 range, which is quite wide. It is currently trading near the lows of this range.
  • Prices have been consolidating recently, but much resistance may still be present above.
  • Warning: MHC-UN has an average volume of 3831 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
  • MHC-UN is one of the better performing stocks in the Residential REITs industry, it outperforms 73% of 16 stocks in the same industry.
  • The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
  • When compared to the yearly performance of all other stocks, MHC-UN outperforms 59% of them, which is more or less in line with the market.
  • MHC-UN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MHC-UN is lagging the market slightly.
  • Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
FLAGSHIP COMMUNITIES REIT UT / MHC-UN Weekly stock chart
FLAGSHIP COMMUNITIES REIT UT / MHC-UN Daily stock chart
Setup Rating and Analysis

3

The technical rating of MHC-UN is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

23.66

28.13

4 important support areas can be observed.

  • Support @26.15 from a trend line in the weekly time frame.
  • Support @25.50 from a horizontal line in the daily time frame.
  • A support zone ranging from 24.51 to 24.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @23.90 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 26.98 to 27.07. 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 27.70 to 27.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for MHC-UN.CA is neutral.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for MHC-UN.CA is down.
ChartMill Relative Strength59.22NEUTRALMHC-UN.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of MHC-UN.CA is below a declining SMA(20).
Simple Moving Average/SMA (50)UPMIXEDThe current price of MHC-UN.CA is below the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of MHC-UN.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)47.57NEUTRALThe RSI value for MHC-UN.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.07NEGATIVEThe MACD value suggests MHC-UN.CA has a negative trend, although the MACD value is rising.
Stochastics (14,3)37.65NEUTRALThe Stochastics value for MHC-UN.CA is a neutral value.
Average True Range in percent/ATR (20)1.42LOW VOLATILITYThe low ATR as a percentage value for MHC-UN.CA suggests low volalility.
Average Directional Index/ADX (14)17.49NEGATIVEThe low ADX value for MHC-UN.CA suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)

MHC-UN.CA Technicals: Chart, Performance Metrics, Trend & Indicators

FLAGSHIP COMMUNITIES REIT UT / MHC-UN Daily stock chart

FLAGSHIP COMMUNITIES REIT UT

TSX:MHC-UN (3/6/2026, 7:00:00 PM)

26.88

+0.37 (+1.4%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg1.4%
1 Week0.07%
2 Weeks-0.81%
1 Month-0.22%
3 Month7.52%
6 Month4.39%
12 Month23.3%
2 Year15.17%
3 Year18.94%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%1.42%
ATR Inc200.24%
Range Today1.52
ADR(20)0.32
ADR(20)%1.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.22
3 months CRS62.77
6 months CRS47.76
Mansfield-0.07
10 Day High27.6
10 Day Low25.36
20 Day High27.6
20 Day Low25.36
52 Week High28.11
52 Week Low21.75
CS1 End26.15
CR1 Start26.98
Volume & EV
DER(3)-1.26%
DER(5)-0.76%
Volume6.40K
Volume Incr161.19%
Vol(5)9.14K
Vol(50)3.83K

FLAGSHIP COMMUNITIES REIT UT / MHC-UN.CA FAQ

What is the ChartMill technical rating of FLAGSHIP COMMUNITIES REIT UT (MHC-UN.CA) stock?

ChartMill assigns a technical rating of 3 / 10 to MHC-UN.CA.


What is the trend direction for MHC-UN stock?

The current trend direction for FLAGSHIP COMMUNITIES REIT UT (MHC-UN.CA) is Bearish.


What is the RSI signal for FLAGSHIP COMMUNITIES REIT UT (MHC-UN.CA) stock?

FLAGSHIP COMMUNITIES REIT UT (MHC-UN.CA) has an RSI value of 47.572. This indicates that the stock is currently neutral.


Can you provide the support and resistance levels for FLAGSHIP COMMUNITIES REIT UT?

FLAGSHIP COMMUNITIES REIT UT (MHC-UN.CA) has a support level at 26.15 and a resistance level at 26.98. Check the full technical report for our detailed analysis of MHC-UN.CA support and resistance levels.