RIOCAN REAL ESTATE INVST TR (REI-UN.CA) Stock Technical Analysis
TSX:REI-UN - CA7669101031 - REIT
18.6 CAD
-0.06 (-0.32%)
Overall REI-UN gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, REI-UN is a bad performer.
When comparing the yearly performance of all stocks, REI-UN is a bad performer in the overall market: 80% of all stocks are doing better.
REI-UN is part of the Diversified REITs industry. There are 38 other stocks in this industry, of which 70% are performing better than REI-UN.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month REI-UN has a been trading in the 17.51 - 18.73 range, which is quite wide. It is currently trading near the high of this range.
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.
Besides having an excellent technical rating, REI-UN also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 18.40, a Stop Loss order could be placed below this zone.
More info and screens
16.00
20.86
When analyzing the support we can see 4 important areas.
- A support zone ranging from 17.93 to 18.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.02 to 17.42. This zone is formed by a combination of multiple trend lines in the daily time frame.
- 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.
We found 1 important resistance area.
- 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.
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 REI-UN.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for REI-UN.CA is up. |
| ChartMill Relative Strength | 20.69 | NEGATIVE | REI-UN.CA has a low relative strength, it was outperformed by 79.31% off all stocks 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 | MIXED | The current price of REI-UN.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.76 | NEUTRAL | The RSI value for REI-UN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests REI-UN.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.12 | OVERBOUGHT | The high Stochastics value suggests REI-UN.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.18 | LOW VOLATILITY | The low ATR as a percentage value for REI-UN.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 29.83 | POSITIVE | The high ADX value value for REI-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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 18.74 | 18.11 | 0.63 (3.36%) | 25.00% |
| An entry @18.74. This is a Buy Stop order right above the 10 day high. | An exit @18.11. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.63 points, which is 3.36%. | For a 0.84% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:REI-UN (9/8/2025, 7:00:00 PM)
18.6
-0.06 (-0.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-0.32%
1 Week0.65%
2 Weeks1.2%
1 Month5.2%
3 Month5.92%
6 Month0.43%
12 Month-9.93%
2 Year2.93%
3 Year-0.11%
5 Year32.29%
10 Year-26.97%
15 Year-18.85%
Volatility
ATR(14)0.22
ATR(20)%1.18%
ATR Inc-5.62%
Range Today0.15
ADR(20)0.21
ADR(20)%1.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.69
Mansfield-0.71
10 Day High18.73
10 Day Low18.12
20 Day High18.73
20 Day Low17.51
52 Week High20.73
52 Week Low15.46
CS1 End18.4
CR1 Start20.65
Volume & EV
DER(3)1.16%
DER(5)-1.06%
Volume359.49K
Volume Incr-34.28%
Vol(5)474.55K
Vol(50)668.02K