CDN Real Estate Un (REF-UN.CA) Stock Technical Analysis
TSX:REF-UN - Toronto Stock Exchange -
Overall REF-UN gets a technical rating of 8 out of 10. Although REF-UN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
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.
Looking at the yearly performance, REF-UN did better than 76% of all other stocks. However, this overall good ranking is mostly due to the recent strong 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.
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
46.24
52.48
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.
When analyzing the resistance we notice one important 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.
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. |
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:REF-UN (5/7/2018, 4:00:00 PM)
51.95
+0.6 (+1.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.17%
1 Week2.87%
2 Weeks3.14%
1 Month3.86%
3 Month20%
6 Month13.93%
12 Month4.4%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.5
ATR(20)%0.96%
ATR Inc212.45%
Range Today0.89
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.46
Mansfield0.63
10 Day High52.39
10 Day Low50.24
20 Day High52.39
20 Day Low49.51
52 Week High52.39
52 Week Low42.67
CS1 End50.84
CR1 Start51.96
Volume & EV
DER(3)6.47%
DER(5)1.18%
Volume2.05M
Volume Incr177.7%
Vol(5)687.58K
Vol(50)270.73K