MINTO APARTMENT REAL ESTATE (MI-UN.CA) Stock Technical Analysis
TSX:MI-UN - Toronto Stock Exchange - CA60448E1034 - REIT - Currency: CAD
We assign a technical rating of 7 out of 10 to MI-UN. In the last year, MI-UN was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
MI-UN is part of the Residential REITs industry. There are 16 other stocks in this industry, of which 100% are performing better than MI-UN.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month MI-UN has a been trading in the 12.54 - 14.63 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, MI-UN outperforms 40% of them, which is more or less in line with the market.
MI-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 MI-UN is lagging the market slightly.
MI-UN has an excellent technical rating, but the quality of the setup is only medium 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
12.46
17.36
We found 3 important support areas.
- A support zone ranging from 13.21 to 13.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.92 from a trend line in the daily time frame.
- A support zone ranging from 12.59 to 12.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 14.38 to 14.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @17.19 from a horizontal line in the weekly time frame.
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 MI-UN.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MI-UN.CA is up. |
| ChartMill Relative Strength | 40.77 | NEUTRAL | MI-UN.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MI-UN.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MI-UN.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MI-UN.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 67.45 | NEUTRAL | The RSI value for MI-UN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests MI-UN.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.15 | OVERBOUGHT | The high Stochastics value suggests MI-UN.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.4 | MEDIUM VOLATILITY | The ATR as a percentage value for MI-UN.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 29.71 | POSITIVE | The high ADX value value for MI-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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 14.50 | 12.68 | 1.82 (12.55%) | 7.97% |
| An entry @14.50. This is a Buy Stop order right above the resistance zone. | An exit @12.68. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.82 points, which is 12.55%. | When investing 7.97% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:MI-UN (6/6/2025, 7:00:00 PM)
14.37
+0.01 (+0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg0.07%
1 Week0.14%
2 Weeks13.87%
1 Month13.33%
3 Month10.03%
6 Month1.77%
12 Month-6.57%
2 Year-4.33%
3 Year-1.84%
5 Year-27.79%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.39
ATR(20)%2.4%
ATR Inc-49.5%
Range Today0.2
ADR(20)0.31
ADR(20)%2.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.77
Mansfield-0.45
10 Day High14.63
10 Day Low12.69
20 Day High14.63
20 Day Low12.54
52 Week High17.34
52 Week Low11.94
CS1 End13.45
CR1 Start14.38
Volume & EV
DER(3)9.32%
DER(5)7.59%
Volume89.34K
Volume Incr-22.49%
Vol(5)172.98K
Vol(50)167.03K