MORGUARD NORTH AMERICAN RESI (MRG-UN.CA) Stock Technical Analysis
TSX:MRG-UN - CA61761E1007 - REIT
18.49 CAD
-0.23 (-1.23%)
Taking everything into account, MRG-UN scores 5 out of 10 in our technical rating. Although MRG-UN is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, MRG-UN is a bad performer in the overall market: 80% of all stocks are doing better.
Warning: MRG-UN has an average volume of 19389 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
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.
MRG-UN is an average performer in the Residential REITs industry, it outperforms 57% of 15 stocks in the same industry.
In the last month MRG-UN has a been trading in the 17.82 - 19.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MRG-UN has only a medium 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 18.41, a Stop Loss order could be placed below this zone.
More info and screens
15.93
19.71
3 important support areas can be observed.
- A support zone ranging from 17.75 to 18.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.80 to 16.91. 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.
2 important resistance areas can be observed.
- A resistance zone ranging from 18.54 to 18.91. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 19.51 to 19.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for MRG-UN.CA is neutral. |
| ChartMill Relative Strength | 20.48 | NEGATIVE | MRG-UN.CA has a low relative strength, it was outperformed by 79.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MRG-UN.CA is below 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) | 48.91 | NEUTRAL | The RSI value for MRG-UN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MRG-UN.CA has a negative trend. |
| Stochastics (14,3) | 53.67 | NEUTRAL | The Stochastics value for MRG-UN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.68 | LOW VOLATILITY | The low ATR as a percentage value for MRG-UN.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 27.95 | POSITIVE | The high ADX value value for MRG-UN.CA suggests a strong 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-UN (9/8/2025, 7:00:00 PM)
18.49
-0.23 (-1.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg-1.23%
1 Week-2.48%
2 Weeks-2.84%
1 Month3.82%
3 Month0.87%
6 Month7.56%
12 Month-5.23%
2 Year24.51%
3 Year20.46%
5 Year27.52%
10 Year81.27%
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%1.68%
ATR Inc-14.09%
Range Today0.29
ADR(20)0.29
ADR(20)%1.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.48
Mansfield-0.51
10 Day High19.2
10 Day Low18.45
20 Day High19.2
20 Day Low17.82
52 Week High19.46
52 Week Low14.88
CS1 End18.41
CR1 Start18.54
Volume & EV
DER(3)-0.91%
DER(5)-0.34%
Volume27.23K
Volume Incr-34.05%
Vol(5)13.80K
Vol(50)19.39K