Canada - TSX:MRG-UN - CA61761E1007 - REIT
Taking everything into account, MRG-UN scores 0 out of 10 in our technical rating. 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.
Although the technical rating is bad, MRG-UN does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 17.46, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MRG-UN in the last couple of days, which is a good sign.
15.93
We found 2 important support areas.
When analyzing the resistance we notice 4 important areas.
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 | DOWN | NEGATIVE | The long term trend for MRG-UN.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MRG-UN.CA is down. |
| ChartMill Relative Strength | 17.27 | NEGATIVE | MRG-UN.CA has a low relative strength, it was outperformed by 82.73% 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 | MIXED | The current price of MRG-UN.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.98 | NEUTRAL | The RSI value for MRG-UN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MRG-UN.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.01 | NEUTRAL | The Stochastics value for MRG-UN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.74 | LOW VOLATILITY | The low ATR as a percentage value for MRG-UN.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 19.55 | NEGATIVE | The low ADX value for MRG-UN.CA suggests a weak or negative trend. |
TSX:MRG-UN (11/10/2025, 7:00:00 PM)
17.5
0 (0%)
ChartMill assigns a technical rating of 0 / 10 to MRG-UN.CA.
The current trend direction for MORGUARD NORTH AMERICAN RESI (MRG-UN.CA) is Bearish.
MORGUARD NORTH AMERICAN RESI (MRG-UN.CA) has an RSI value of 41.9784. This indicates that the stock is currently neutral.
The MACD indicator for MORGUARD NORTH AMERICAN RESI (MRG-UN.CA) has a value of -0.0145461, indicating a bearish trend.
MORGUARD NORTH AMERICAN RESI (MRG-UN.CA) has a support level at 17.46 and a resistance level at 17.67. Check the full technical report for our detailed analysis of MRG-UN.CA support and resistance levels.