MORGUARD NORTH AMERICAN RESI (MRG-UN.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:MRG-UN • CA61761E1007
We assign a technical rating of 7 out of 10 to MRG-UN. MRG-UN has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- Warning: MRG-UN has an average volume of 27515 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- MRG-UN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MRG-UN is lagging the market slightly.
- When compared to the yearly performance of all other stocks, MRG-UN outperforms 43% of them, which is more or less in line with the market.
- MRG-UN is part of the Residential REITs industry. There are 15 other stocks in this industry, MRG-UN did better than 42% of them.
- In the last month MRG-UN has a been trading in a tight range between 18.00 and 18.43.
MRG-UN has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 18.29, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MRG-UN in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
15.93
When analyzing the support we can see 6 important areas.
- A support zone ranging from 18.26 to 18.29. 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 17.64 to 17.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.20 from a horizontal line in the daily time frame.
- A support zone ranging from 16.76 to 16.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 16.47 to 16.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 16.09 to 16.09. This zone is formed by a combination of multiple trend lines in the weekly time frame.
3 important resistance areas can be observed.
- Strong resistance @18.68 from a horizontal line in the daily time frame.
- A resistance zone ranging from 19.03 to 19.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @19.51 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 | UP | POSITIVE | The long term trend for MRG-UN.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MRG-UN.CA is up. |
| ChartMill Relative Strength | 43.44 | NEUTRAL | MRG-UN.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MRG-UN.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MRG-UN.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MRG-UN.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.35 | NEUTRAL | The RSI value for MRG-UN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests MRG-UN.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 68.99 | NEUTRAL | The Stochastics value for MRG-UN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.31 | LOW VOLATILITY | The low ATR as a percentage value for MRG-UN.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 28.04 | POSITIVE | The high ADX value value for MRG-UN.CA suggests a strong trend. |
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 |
|---|---|---|---|
| 18.69 | 18.25 | 0.44 (2.35%) | 25.00% |
| An entry @18.69. This is a Buy Stop order right above the resistance zone. | An exit @18.25. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.44 points, which is 2.35%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.59%. |
- 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:MRG-UN (2/6/2026, 7:00:00 PM)
18.34
+0.11 (+0.6%)
MORGUARD NORTH AMERICAN RESI / MRG-UN.CA FAQ
What is the ChartMill technical rating of MORGUARD NORTH AMERICAN RESI (MRG-UN.CA) stock?
ChartMill assigns a technical rating of 7 / 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 Bullish.
What is the RSI signal for MRG-UN stock?
MORGUARD NORTH AMERICAN RESI (MRG-UN.CA) has an RSI value of 59.3509. This indicates that the stock is currently neutral.
Can you provide the short term momentum for MORGUARD NORTH AMERICAN RESI?
The short term momentum for MORGUARD NORTH AMERICAN RESI (MRG-UN.CA) is positive.
What is the support and resistance level for MRG-UN stock?
MORGUARD NORTH AMERICAN RESI (MRG-UN.CA) has a support level at 18.29 and a resistance level at 18.68. Check the full technical report for our detailed analysis of MRG-UN.CA support and resistance levels.