RIOCAN REAL ESTATE INVST TR (REI-UN.CA) Stock Technical Analysis
TSX:REI-UN - Toronto Stock Exchange - CA7669101031 - REIT - Currency: CAD
Taking everything into account, REI-UN scores 4 out of 10 in our technical rating. In the past year, REI-UN was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
REI-UN is one of the lesser performing stocks in the Diversified REITs industry. 63% of 37 stocks in the same industry do better.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
When comparing the performance of all stocks over the past year, REI-UN turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
REI-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 REI-UN is lagging the market slightly.
In the last month REI-UN has a been trading in a tight range between 16.97 and 17.85.
Considerably lower volume is observed in the last couple of days.
REI-UN has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 17.51, 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.
More info and screens
16.00
20.25
When analyzing the support we can see 3 important areas.
- A support zone ranging from 17.02 to 17.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.59 from a horizontal line in the weekly time frame.
- A support zone ranging from 16.16 to 16.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 17.59 to 17.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @18.49 from a trend line in the weekly time frame.
- Resistance @19.41 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 19.94 to 20.05. This zone is formed by a combination of multiple trend lines in the daily 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 | DOWN | NEGATIVE | The long term trend for REI-UN.CA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for REI-UN.CA is up. |
| ChartMill Relative Strength | 49.42 | NEUTRAL | REI-UN.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of REI-UN.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of REI-UN.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of REI-UN.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.95 | NEUTRAL | The RSI value for REI-UN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests REI-UN.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.65 | NEUTRAL | The Stochastics value for REI-UN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.35 | LOW VOLATILITY | The low ATR as a percentage value for REI-UN.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 13.98 | NEGATIVE | The low ADX value for REI-UN.CA suggests a weak or negative 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:REI-UN (6/19/2025, 7:00:00 PM)
17.59
-0.07 (-0.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-0.4%
1 Week-0.51%
2 Weeks1.5%
1 Month2.87%
3 Month2.15%
6 Month-4.66%
12 Month7.39%
2 Year-8.77%
3 Year-12.14%
5 Year14.52%
10 Year-34.29%
15 Year-7.62%
Volatility
ATR(14)0.22
ATR(20)%1.35%
ATR Inc1.39%
Range Today0.18
ADR(20)0.23
ADR(20)%1.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.42
Mansfield-0.78
10 Day High17.85
10 Day Low17.3
20 Day High17.85
20 Day Low16.97
52 Week High20.83
52 Week Low15.46
CS1 End17.51
CR1 Start17.59
Volume & EV
DER(3)6.01%
DER(5)2.14%
Volume183.72K
Volume Incr-37.9%
Vol(5)433.75K
Vol(50)699.66K