MELCOR REAL ESTATE INVESTMEN (MR-UN.CA) Stock Technical Analysis
TSX:MR-UN - Toronto Stock Exchange - CA58546R1091 - REIT - Currency: CAD
We assign a technical rating of 8 out of 10 to MR-UN. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MR-UN is only an average performer.
Warning: MR-UN has an average volume of 18993 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
MR-UN is part of the Diversified REITs industry. There are 42 other stocks in this industry. MR-UN outperforms 97% of them.
MR-UN is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
Looking at the yearly performance, MR-UN did better than 78% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month MR-UN has a been trading in a tight range between 5.19 and 5.35.
Considerably lower volume is observed in the last couple of days.
MR-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
3.36
5.41
5 important support areas can be observed.
- A support zone ranging from 5.23 to 5.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 5.11 to 5.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.84 from a horizontal line in the weekly time frame.
- Support @4.74 from a horizontal line in the daily time frame.
- Support @3.39 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 5.36 to 5.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.22
Mansfield2.77
10 Day High5.35
10 Day Low5.24
20 Day High5.35
20 Day Low5.19
52 Week High5.4
52 Week Low2.19
Performance
1 Week0.94%
2 Weeks1.33%
1 Month1.71%
3 Month10.31%
6 Month83.85%
12 Month31.77%
2 Year-7.12%
3 Year-23.02%
5 Year-31.41%
10 Year-36.31%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)67.48
LBB5.21
UBB5.37
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 |
|---|---|---|---|
| 5.37 | 5.23 | 0.14 (2.61%) | 25.00% |
| An entry @5.37. This is a Buy Stop order right above the resistance zone. | An exit @5.23. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.14 points, which is 2.61%. | For a 0.65% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
MELCOR REAL ESTATE INVESTMEN
TSX:MR-UN (2/14/2025, 7:00:00 PM)
5.35
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg0%
1 Week0.94%
2 Weeks1.33%
1 Month1.71%
3 Month10.31%
6 Month83.85%
12 Month31.77%
2 Year-7.12%
3 Year-23.02%
5 Year-31.41%
10 Year-36.31%
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%0.65%
ATR Inc-22.22%
Range Today0.02
ADR(20)0.03
ADR(20)%0.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.22
Mansfield2.77
10 Day High5.35
10 Day Low5.24
20 Day High5.35
20 Day Low5.19
52 Week High5.4
52 Week Low2.19
CS1 End5.32
CR1 Start5.36
Volume & EV
DER(3)0%
DER(5)0%
Volume3.60K
Volume Incr-62.16%
Vol(5)4.13K
Vol(50)18.99K