MORGUARD NORTH AMERICAN (MRG-DB-B.CA) Stock Technical Analysis
TSX:MRG-DB-B - Toronto Stock Exchange - CA61761EAC45 - Currency: CAD
Overall MRG-DB-B gets a technical rating of 2 out of 10. MRG-DB-B performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
67% of all other stocks performed better in the past year than MRG-DB-B.
MRG-DB-B is part of the Residential REITs industry. There are 17 other stocks in this industry, of which 87% are performing better than MRG-DB-B.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
MRG-DB-B is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MRG-DB-B is lagging the market.
In the last month MRG-DB-B has a been trading in a tight range between 101.00 and 102.25.
Considerably lower volume is observed in the last couple of days.
MRG-DB-B has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 101.52, a Stop Loss order could be placed below this zone.
More info and screens
96.77
106.04
2 important support areas can be observed.
- A support zone ranging from 99.50 to 101.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 97.75 to 97.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 101.67 to 103.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @104.99 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for MRG-DB-B.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MRG-DB-B.CA is neutral. |
| ChartMill Relative Strength | 33.3 | NEUTRAL | MRG-DB-B.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MRG-DB-B.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MRG-DB-B.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MRG-DB-B.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.13 | NEUTRAL | The RSI value for MRG-DB-B.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MRG-DB-B.CA has a negative trend. |
| Stochastics (14,3) | 63.33 | NEUTRAL | The Stochastics value for MRG-DB-B.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.22 | LOW VOLATILITY | The low ATR as a percentage value for MRG-DB-B.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 12.61 | NEGATIVE | The low ADX value for MRG-DB-B.CA suggests a weak or negative 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:MRG-DB-B (7/10/2025, 7:00:00 PM)
101.62
-0.13 (-0.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg-0.13%
1 Week-0.37%
2 Weeks-0.13%
1 Month-0.37%
3 Month0.37%
6 Month-0.37%
12 Month3.96%
2 Year1.63%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%0.22%
ATR Inc-36.03%
Range Today0
ADR(20)0.08
ADR(20)%0.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.3
Mansfield-0.9
10 Day High102
10 Day Low101
20 Day High102.25
20 Day Low101
52 Week High105
52 Week Low95
CS1 End101.52
CR1 Start101.67
Volume & EV
DER(3)0%
DER(5)0%
Volume8.00K
Volume Incr-8.64%
Vol(5)14.80K
Vol(50)31.34K