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MORGUARD NORTH AMERICAN RESI (MRG-UN.CA) Stock Technical Analysis

TSX:MRG-UN - Toronto Stock Exchange - CA61761E1007 - REIT - Currency: CAD

16.78  +0.14 (+0.84%)

Technical Rating and Analysis

0

Overall MRG-UN gets a technical rating of 0 out of 10. MRG-UN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, MRG-UN is a bad performer in the overall market: 71% of all stocks are doing better.
MRG-UN is part of the Residential REITs industry. There are 16 other stocks in this industry. MRG-UN outperforms 73% of them.
In the last month MRG-UN has a been trading in the 16.16 - 17.37 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
MRG-UN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MRG-UN is lagging the market.
Weekly and Daily overview Charts
MORGUARD NORTH AMERICAN RESI / MRG-UN Weekly stock chart
MORGUARD NORTH AMERICAN RESI / MRG-UN Daily stock chart
Setup Rating and Analysis

8

MRG-UN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 16.77, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

16.20

19.57

When analyzing the support we notice one important area.

  • A support zone ranging from 16.36 to 16.77. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 4 important areas.

  • A resistance zone ranging from 16.94 to 17.03. 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 18.46 to 18.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 18.91 to 18.93. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Resistance @19.38 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.98
Mansfield-0.98
10 Day High17.37
10 Day Low16.16
20 Day High17.37
20 Day Low16.16
52 Week High19.53
52 Week Low14.75
Performance
1 Week-2.16%
2 Weeks-2.39%
1 Month-0.71%
3 Month-8.9%
6 Month-2.84%
12 Month6.47%
2 Year-8.05%
3 Year-11.87%
5 Year-11.87%
10 Year57.56%
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)42.64
LBB16.6
UBB17.36
MORGUARD NORTH AMERICAN RESI / MRG-UN Daily stock chart

MORGUARD NORTH AMERICAN RESI

TSX:MRG-UN (2/13/2025, 7:00:00 PM)

16.78

+0.14 (+0.84%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg0.84%
1 Week-2.16%
2 Weeks-2.39%
1 Month-0.71%
3 Month-8.9%
6 Month-2.84%
12 Month6.47%
2 Year-8.05%
3 Year-11.87%
5 Year-11.87%
10 Year57.56%
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%1.87%
ATR Inc7.2%
Range Today0.15
ADR(20)0.29
ADR(20)%1.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.98
Mansfield-0.98
10 Day High17.37
10 Day Low16.16
20 Day High17.37
20 Day Low16.16
52 Week High19.53
52 Week Low14.75
CS1 End16.77
CR1 Start16.94
Volume & EV
DER(3)1.69%
DER(5)0.27%
Volume36.95K
Volume Incr5.16%
Vol(5)40.13K
Vol(50)33.69K