RIOCAN REAL ESTATE INVST TR (REI-UN.CA) Stock Technical Analysis
Canada - TSX:REI-UN - CA7669101031 - REIT
19.01 CAD
+0.03 (+0.16%)
Overall REI-UN gets a technical rating of 7 out of 10. Although REI-UN is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, REI-UN is a bad performer in the overall market: 76% of all stocks are doing better.
Both the short term and long term trends are positive. This is a very positive sign.
REI-UN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so REI-UN is lagging the market slightly.
REI-UN is part of the Diversified REITs industry. There are 37 other stocks in this industry, REI-UN did better than 50% of them.
In the last month REI-UN has a been trading in a tight range between 18.46 and 19.29.
Besides having an excellent technical rating, REI-UN also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 18.96, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
16.00
19.20
4 important support areas can be observed.
- A support zone ranging from 18.19 to 18.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.42 from a horizontal line in the daily time frame.
- Support @17.02 from a horizontal line in the daily time frame.
- A support zone ranging from 16.16 to 16.38. 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 | 24.17 | NEGATIVE | REI-UN.CA has a low relative strength, it was outperformed by 75.83% 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) | UP | POSITIVE | The current price of REI-UN.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.29 | NEUTRAL | The RSI value for REI-UN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests REI-UN.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.7 | NEUTRAL | The Stochastics value for REI-UN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.07 | LOW VOLATILITY | The low ATR as a percentage value for REI-UN.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 42.24 | 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 |
|---|---|---|---|
| 19.30 | 18.73 | 0.57 (2.95%) | 25.00% |
| An entry @19.30. This is a Buy Stop order right above the 10 day high. | An exit @18.73. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.57 points, which is 2.95%. | For a 0.74% 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 (10/2/2025, 7:00:00 PM)
19.01
+0.03 (+0.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg0.16%
1 Week1.22%
2 Weeks0.26%
1 Month2.98%
3 Month5.49%
6 Month14.45%
12 Month-4.52%
2 Year12.82%
3 Year-2.06%
5 Year32.2%
10 Year-25.45%
15 Year-17.53%
Volatility
ATR(14)0.19
ATR(20)%1.07%
ATR Inc-9.72%
Range Today0.16
ADR(20)0.2
ADR(20)%1.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.17
Mansfield-0.6
10 Day High19.29
10 Day Low18.74
20 Day High19.29
20 Day Low18.46
52 Week High20.08
52 Week Low15.46
CS1 End18.96
CR1 StartN/A
Volume & EV
DER(3)2.98%
DER(5)1.85%
Volume450.02K
Volume Incr-9.79%
Vol(5)513.27K
Vol(50)633.77K