MKZR Technical Analysis - MACKENZIE REALTY CAPITAL INC

Technical Rating and Analysis

Taking everything into account, MKZR scores 1 out of 10 in our technical rating. MKZR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.

100% of all other stocks performed better in the past year than MKZR.

MKZR is part of the Diversified REITs industry. There are 130 other stocks in this industry, of which 96% are performing better than MKZR.

In the last month MKZR has a been trading in the 4.81 - 6.99 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

Considerably lower volume is observed in the last couple of days.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

MACKENZIE REALTY CAPITAL INC / MKZR Weekly stock chart

MACKENZIE REALTY CAPITAL INC / MKZR Daily stock chart

Setup Rating and Analysis

The technical rating of MKZR 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.

More info and screens

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

5.32

6.17

We found 1 important support area.

Support @5.37 from a horizontal line in the daily time frame.

2 important resistance areas can be observed.

A resistance zone ranging from 5.80 to 5.90. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Resistance @6.11 from a horizontal line in the weekly time frame.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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.

Indicator	Value	Signal	Comment
ChartMill Long Term Trend Indicator	DOWN	NEGATIVE	The long term trend for MKZR is down.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for MKZR is neutral.
ChartMill Relative Strength	0	NEGATIVE	MKZR has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	MIXED	The current price of MKZR is below the rising SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of MKZR is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of MKZR is below a declining SMA(200).
Relative Strength Index/RSI (14)	43.71	NEUTRAL	The RSI value for MKZR is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.04	POSITIVE	The MACD value suggests MKZR has a positive trend, although the MACD value is declining.
Stochastics (14,3)	54.66	NEUTRAL	The Stochastics value for MKZR is a neutral value.
Average True Range in percent/ATR (20)	9.47	HIGH VOLATILITY	The high ATR as a percentage value for MKZR suggests high volalility.
Average Directional Index/ADX (14)	33.86	POSITIVE	The high ADX value value for MKZR suggests a strong trend.