MORGUARD NORTH AMERICAN RESI (MRG-UN.CA) Technical Analysis
TSX:MRG-UN • CA61761E1007
Overall MRG-UN gets a technical rating of 1 out of 10. 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.
- When comparing the yearly performance of all stocks, MRG-UN is a bad performer in the overall market: 64% of all stocks are doing better.
- In the last month MRG-UN has a been trading in the 17.44 - 19.05 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: MRG-UN has an average volume of 28940 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- MRG-UN is an average performer in the Residential REITs industry, it outperforms 66% of 16 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.
The technical rating of MRG-UN is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
15.93
We found 3 important support areas.
- Support @16.87 from a trend line in the weekly time frame.
- Support @16.47 from a horizontal line in the weekly time frame.
- 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.
We can see 3 important resistance areas.
- A resistance zone ranging from 18.11 to 18.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | 36.48 | NEUTRAL | MRG-UN.CA is not amongst the best or worst performers 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) | UP | MIXED | The current price of MRG-UN.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MRG-UN.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 29.73 | OVERSOLD | The low RSI value suggests MRG-UN.CA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests MRG-UN.CA has a negative trend. |
| Stochastics (14,3) | 28.5 | NEUTRAL | The Stochastics value for MRG-UN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.64 | LOW VOLATILITY | The low ATR as a percentage value for MRG-UN.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 36.95 | POSITIVE | The high ADX value value for MRG-UN.CA suggests a strong trend. |
MRG-UN.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:MRG-UN (3/12/2026, 7:00:00 PM)
17.3
-0.75 (-4.16%)
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 1 / 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.
What is the RSI signal for MRG-UN stock?
MORGUARD NORTH AMERICAN RESI (MRG-UN.CA) has an RSI value of 29.7261. This indicates that the stock is currently oversold.
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 negative.
What is the support and resistance level for MRG-UN stock?
MORGUARD NORTH AMERICAN RESI (MRG-UN.CA) has a support level at 16.87 and a resistance level at 18.11. Check the full technical report for our detailed analysis of MRG-UN.CA support and resistance levels.