MORGUARD NORTH AMERICAN RESI (MRG-UN.CA) Technical Analysis
TSX:MRG-UN • CA61761E1007
Current stock price
MRG-UN.CA Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to MRG-UN. MRG-UN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, MRG-UN is a bad performer in the overall market: 70% of all stocks are doing better.
- MRG-UN is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Warning: MRG-UN has an average volume of 28474 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- MRG-UN is an average performer in the Residential REITs industry, it outperforms 53% of 14 stocks in the same industry.
- MRG-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 MRG-UN is lagging the market slightly.
MRG-UN.CA Weekly and Daily overview Charts
MRG-UN.CA Setup Rating and Analysis
MRG-UN has a poor technical rating and the quality of the setup is also 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
MRG-UN.CA Support and Resistance Analysis
15.93
2 important support areas can be observed.
- A support zone ranging from 16.41 to 16.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.09 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 18.61 to 19.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
MRG-UN.CA 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 MRG-UN.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MRG-UN.CA is down. |
| ChartMill Relative Strength | 30.9 | NEUTRAL | MRG-UN.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MRG-UN.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MRG-UN.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MRG-UN.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.72 | NEUTRAL | The RSI value for MRG-UN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests MRG-UN.CA has a positive trend. |
| Stochastics (14,3) | 57.81 | NEUTRAL | The Stochastics value for MRG-UN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.06 | MEDIUM VOLATILITY | The ATR as a percentage value for MRG-UN.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 37.33 | POSITIVE | The high ADX value value for MRG-UN.CA suggests a strong trend. |
MRG-UN.CA Chart- and CandleStick Pattern Analysis
MRG-UN.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:MRG-UN (4/6/2026, 7:00:00 PM)
17.15
+0.05 (+0.29%)
MORGUARD NORTH AMERICAN RESI / MRG-UN.CA TA FAQ
What is the ChartMill technical rating of MORGUARD NORTH AMERICAN RESI (MRG-UN.CA) stock?
ChartMill assigns a technical rating of 0 / 10 to MRG-UN.CA.
Can you provide the trend direction for MORGUARD NORTH AMERICAN RESI?
The current trend direction for MORGUARD NORTH AMERICAN RESI (MRG-UN.CA) is Bearish.
Can you provide the RSI signal for MORGUARD NORTH AMERICAN RESI?
MORGUARD NORTH AMERICAN RESI (MRG-UN.CA) has an RSI value of 45.7229. This indicates that the stock is currently neutral.
What is the buy/sell signal for MORGUARD NORTH AMERICAN RESI (MRG-UN.CA) stock?
The buy/sell signal for MORGUARD NORTH AMERICAN RESI (MRG-UN.CA) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for MORGUARD NORTH AMERICAN RESI (MRG-UN.CA) stock?
MORGUARD NORTH AMERICAN RESI (MRG-UN.CA) has a support level at 16.49 and a resistance level at 18.61. Check the full technical report for our detailed analysis of MRG-UN.CA support and resistance levels.