CDN Real Estate Un (REF-UN.CA) Technical Analysis
TSX:REF-UN
Current stock price
REF-UN.CA Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to REF-UN. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, REF-UN is only an average performer.
- The long and short term trends are both positive. This is looking good!
- REF-UN is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- When comparing the yearly performance of all stocks, we notice that REF-UN is one of the better performing stocks in the market, outperforming 76% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- In the last month REF-UN has a been trading in a tight range between 49.51 and 52.39.
- Volume is considerably higher in the last couple of days.
REF-UN.CA Weekly and Daily overview Charts
REF-UN.CA Setup Rating and Analysis
Although REF-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
REF-UN.CA Support and Resistance Analysis
46.24
We found 3 important support areas.
- A support zone ranging from 49.91 to 50.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 48.93 to 48.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @46.71 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 51.96 to 51.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
REF-UN.CA Technical Indicator Signal Analysis
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 REF-UN.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for REF-UN.CA is up. |
| ChartMill Relative Strength | 76.46 | POSITIVE | REF-UN.CA has a high relative strength, it outperformed 76.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of REF-UN.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of REF-UN.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of REF-UN.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.08 | NEUTRAL | The RSI value for REF-UN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests REF-UN.CA has a positive trend. |
| Stochastics (14,3) | 56.09 | NEUTRAL | The Stochastics value for REF-UN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.96 | LOW VOLATILITY | The low ATR as a percentage value for REF-UN.CA suggests low volalility. |
REF-UN.CA Chart- and CandleStick Pattern Analysis
REF-UN.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:REF-UN (5/7/2018, 4:00:00 PM)
51.95
+0.6 (+1.17%)
CDN Real Estate Un / REF-UN.CA TA FAQ
Can you provide the ChartMill technical rating for CDN Real Estate Un?
ChartMill assigns a technical rating of 8 / 10 to REF-UN.CA.
What is the trend direction for REF-UN stock?
The current trend direction for CDN Real Estate Un (REF-UN.CA) is Bullish.
What is the RSI signal for CDN Real Estate Un (REF-UN.CA) stock?
CDN Real Estate Un (REF-UN.CA) has an RSI value of 69.0794. This indicates that the stock is currently neutral.
What is the buy/sell signal for REF-UN stock?
The buy/sell signal for CDN Real Estate Un (REF-UN.CA) is buy as both the short term and long term trends are positive.
What is the support and resistance level for REF-UN stock?
CDN Real Estate Un (REF-UN.CA) has a support level at 50.84 and a resistance level at 51.96. Check the full technical report for our detailed analysis of REF-UN.CA support and resistance levels.