MORGUARD NORTH AMERICAN RESI (MRG-UN.CA) Stock Technical Analysis
Canada - TSX:MRG-UN - CA61761E1007 - REIT
17.78 CAD
-0.04 (-0.22%)
Taking everything into account, MRG-UN scores 0 out of 10 in our technical rating. 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.
84% of all other stocks performed better in the past year than MRG-UN.
MRG-UN is one of the lesser performing stocks in the Residential REITs industry. 60% of 16 stocks in the same industry do better.
Warning: MRG-UN has an average volume of 20211 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
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.
In the last month MRG-UN has a been trading in a tight range between 17.57 and 18.48.
The technical rating of MRG-UN is bad and it also does not present a quality setup 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
15.93
19.71
We found 3 important support areas.
- Support @17.75 from a horizontal line in the daily time frame.
- Support @16.92 from a trend line in the weekly time frame.
- Support @16.09 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 18.08 to 18.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The long term trend for MRG-UN.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MRG-UN.CA is down. |
| ChartMill Relative Strength | 16.09 | NEGATIVE | MRG-UN.CA has a low relative strength, it was outperformed by 83.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MRG-UN.CA is below 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) | UP | POSITIVE | The current price of MRG-UN.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 33.39 | 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. |
| Stochastics (14,3) | 21.93 | NEUTRAL | The Stochastics value for MRG-UN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.28 | LOW VOLATILITY | The low ATR as a percentage value for MRG-UN.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 13.87 | NEGATIVE | The low ADX value for MRG-UN.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-UN (10/17/2025, 7:00:00 PM)
17.78
-0.04 (-0.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg-0.22%
1 Week-1.88%
2 Weeks-2.36%
1 Month-2.79%
3 Month-2.95%
6 Month5.64%
12 Month-5.83%
2 Year35.52%
3 Year11.82%
5 Year28.75%
10 Year69.01%
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%1.28%
ATR Inc24.11%
Range Today0.24
ADR(20)0.21
ADR(20)%1.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.09
Mansfield-0.94
10 Day High18.45
10 Day Low17.57
20 Day High18.48
20 Day Low17.57
52 Week High19.3
52 Week Low14.88
CS1 End17.75
CR1 Start18.08
Volume & EV
DER(3)-1.83%
DER(5)-3.71%
Volume21.92K
Volume Incr51.73%
Vol(5)21.64K
Vol(50)20.21K