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RIOCAN REAL ESTATE INVST TR (REI-UN.CA) Stock Technical Analysis

TSX:REI-UN - Toronto Stock Exchange - CA7669101031 - REIT - Currency: CAD

18.57  -0.12 (-0.64%)

Technical Rating and Analysis

2

We assign a technical rating of 2 out of 10 to REI-UN. REI-UN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

When comparing the yearly performance of all stocks, REI-UN is a bad performer in the overall market: 70% of all stocks are doing better.
In the last month REI-UN has a been trading in the 17.72 - 19.00 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
REI-UN is an average performer in the Diversified REITs industry, it outperforms 55% of 44 stocks in the same industry.
REI-UN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so REI-UN is lagging the market.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
RIOCAN REAL ESTATE INVST TR / REI-UN Weekly stock chart
RIOCAN REAL ESTATE INVST TR / REI-UN Daily stock chart
Setup Rating and Analysis

8

Although the technical rating is bad, REI-UN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 18.56, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for REI-UN in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

16.13

20.86

3 important support areas can be observed.

  • A support zone ranging from 18.38 to 18.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @18.02 from a horizontal line in the daily time frame.
  • A support zone ranging from 16.29 to 16.59. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 18.59 to 19.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 20.65 to 20.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30
Mansfield-0.7
10 Day High19
10 Day Low17.72
20 Day High19
20 Day Low17.72
52 Week High20.83
52 Week Low16.26
Performance
1 Week1.81%
2 Weeks-0.11%
1 Month1.25%
3 Month-2.26%
6 Month5.09%
12 Month0.22%
2 Year-14.07%
3 Year-26.07%
5 Year-25.93%
10 Year-36.56%
15 Year-2.52%
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)
Technical Indicators
MACD(12,26,9)0.03
RSI(14)50.93
LBB18.07
UBB19.01
RIOCAN REAL ESTATE INVST TR / REI-UN Daily stock chart

RIOCAN REAL ESTATE INVST TR

TSX:REI-UN (2/11/2025, 7:00:00 PM)

18.57

-0.12 (-0.64%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-0.64%
1 Week1.81%
2 Weeks-0.11%
1 Month1.25%
3 Month-2.26%
6 Month5.09%
12 Month0.22%
2 Year-14.07%
3 Year-26.07%
5 Year-25.93%
10 Year-36.56%
15 Year-2.52%
Volatility
ATR(14)0.37
ATR(20)%1.83%
ATR Inc-46.26%
Range Today0.18
ADR(20)0.32
ADR(20)%1.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30
Mansfield-0.7
10 Day High19
10 Day Low17.72
20 Day High19
20 Day Low17.72
52 Week High20.83
52 Week Low16.26
CS1 End18.56
CR1 Start18.59
Volume & EV
DER(3)0.97%
DER(5)5.32%
Volume258.80K
Volume Incr-41.34%
Vol(5)380.17K
Vol(50)713.70K