NORTHVIEW RESIDENTIAL REIT (NRR-UN.CA) Stock Technical Analysis
TSX:NRR-UN - Toronto Stock Exchange - CA66719E1025 - REIT - Currency: CAD
Overall NRR-UN gets a technical rating of 8 out of 10. Although NRR-UN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
NRR-UN is part of the Residential REITs industry. There are 16 other stocks in this industry, of which 60% are performing better than NRR-UN.
Warning: NRR-UN has an average volume of 3627 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month NRR-UN has a been trading in the 14.28 - 17.03 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When compared to the yearly performance of all other stocks, NRR-UN outperforms 58% of them, which is more or less in line with the market.
NRR-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 NRR-UN is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although NRR-UN has an excellent technical rating, it does not offer a high 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
13.56
18.43
When analyzing the support we can see 4 important areas.
- A support zone ranging from 15.29 to 16.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.92 to 15.04. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 14.30 to 14.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.70 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @18.25 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 | UP | POSITIVE | The long term trend for NRR-UN.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NRR-UN.CA is up. |
| ChartMill Relative Strength | 58.1 | NEUTRAL | NRR-UN.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NRR-UN.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NRR-UN.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of NRR-UN.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 71.88 | OVERBOUGHT | The high RSI value suggests NRR-UN.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests NRR-UN.CA has a positive trend. |
| Stochastics (14,3) | 92.66 | OVERBOUGHT | The high Stochastics value suggests NRR-UN.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.49 | MEDIUM VOLATILITY | The ATR as a percentage value for NRR-UN.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 35.31 | POSITIVE | The high ADX value value for NRR-UN.CA suggests a strong 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:NRR-UN (6/5/2025, 7:00:00 PM)
16.89
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg0%
1 Week6.76%
2 Weeks9.75%
1 Month15.84%
3 Month13.13%
6 Month5.56%
12 Month0.18%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.44
ATR(20)%2.49%
ATR Inc-19.54%
Range Today0.43
ADR(20)0.35
ADR(20)%2.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.1
Mansfield0.17
10 Day High17.03
10 Day Low15.31
20 Day High17.03
20 Day Low14.28
52 Week High18.71
52 Week Low13.57
CS1 End16.09
CR1 Start18.25
Volume & EV
DER(3)1.07%
DER(5)1.28%
Volume9.71K
Volume Incr222.64%
Vol(5)8.82K
Vol(50)3.63K