MORGUARD NORTH AMERICAN RESI (MRG-UN.CA) Stock Technical Analysis
TSX:MRG-UN - Toronto Stock Exchange - CA61761E1007 - REIT - Currency: CAD
Taking everything into account, MRG-UN scores 3 out of 10 in our technical rating. MRG-UN was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
62% of all other stocks performed better in the past year than MRG-UN.
Warning: MRG-UN has an average volume of 17847 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 gets the benefit of the doubt for now.
MRG-UN is part of the Residential REITs industry. There are 16 other stocks in this industry, MRG-UN did better than 53% of them.
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 17.76 and 18.82.
Considerably lower volume is observed in the last couple of days.
MRG-UN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
15.93
19.10
When analyzing the support we can see 2 important areas.
- 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.
- Support @16.09 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 18.01 to 18.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @18.91 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The short term trend for MRG-UN.CA is neutral. |
| ChartMill Relative Strength | 38.49 | 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) | DOWN | NEGATIVE | The current price of MRG-UN.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MRG-UN.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.16 | 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) | 19.76 | OVERSOLD | The low Stochastics value suggests MRG-UN.CA may be oversold. |
| Average True Range in percent/ATR (20) | 1.47 | LOW VOLATILITY | The low ATR as a percentage value for MRG-UN.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 16.59 | 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 (8/11/2025, 7:00:00 PM)
17.96
+0.15 (+0.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg0.84%
1 Week-1.16%
2 Weeks-1.05%
1 Month-3.49%
3 Month2.63%
6 Month9.05%
12 Month4%
2 Year14.39%
3 Year7.48%
5 Year18.94%
10 Year78.88%
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%1.47%
ATR Inc48.37%
Range Today0.42
ADR(20)0.25
ADR(20)%1.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.49
Mansfield-0.7
10 Day High18.61
10 Day Low17.76
20 Day High18.82
20 Day Low17.76
52 Week High19.53
52 Week Low14.88
CS1 End16.8
CR1 Start18.01
Volume & EV
DER(3)-0.97%
DER(5)-1.17%
Volume17.95K
Volume Incr-47.81%
Vol(5)10.48K
Vol(50)17.85K