CI CANADIAN REIT ETF (RIT.CA) Technical Analysis

TSX:RIT • CA12554R1055

Current stock price

17.75 CAD
+0.01 (+0.06%)
Last:

RIT.CA Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to RIT. Although RIT is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

  • Warning: RIT has an average volume of 7634 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
  • The long and short term trends are both positive. This is looking good!
  • RIT 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 RIT is lagging the market slightly.
  • RIT is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
  • When comparing the performance of all stocks over the past year, RIT turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.

RIT.CA Weekly and Daily overview Charts

CI CANADIAN REIT ETF / RIT Weekly stock chart
CI CANADIAN REIT ETF / RIT Daily stock chart

RIT.CA Setup Rating and Analysis

7

Besides having an excellent technical rating, RIT also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 17.74, a Stop Loss order could be placed below this zone.

RIT.CA Support and Resistance Analysis

14.65

18.36

4 important support areas can be observed.

  • A support zone ranging from 17.11 to 17.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 16.62 to 16.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 16.25 to 16.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @14.80 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 17.76 to 18.18. This zone is formed by a combination of multiple trend lines in multiple time frames.

RIT.CA Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for RIT.CA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for RIT.CA is up.
ChartMill Relative Strength42.79NEUTRALRIT.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of RIT.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of RIT.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of RIT.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)59.16NEUTRALThe RSI value for RIT.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.01NEGATIVEThe MACD value suggests RIT.CA has a negative trend.
Stochastics (14,3)53.32NEUTRALThe Stochastics value for RIT.CA is a neutral value.
Average True Range in percent/ATR (20)0.85LOW VOLATILITYThe low ATR as a percentage value for RIT.CA suggests low volalility.
Average Directional Index/ADX (14)25.26POSITIVEThe high ADX value value for RIT.CA suggests a strong trend.

RIT.CA Chart- and CandleStick Pattern Analysis

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)

RIT.CA Example Setup

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.

ENTRYEXITDISTANCECAPITAL
17.9317.640.29 (1.62%)25.00%
An entry @17.93. This is a Buy Stop order right above the 10 day high.An exit @17.64. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.29 points, which is 1.62%.For a 0.40% 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.

RIT.CA Technicals: Chart, Performance Metrics, Trend & Indicators

CI CANADIAN REIT ETF / RIT Daily stock chart

CI CANADIAN REIT ETF

TSX:RIT (5/1/2026, 7:00:00 PM)

17.75

+0.01 (+0.06%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.06%
1 Week-0.11%
2 Weeks-1.39%
1 Month3.92%
3 Month2.48%
6 Month5.59%
12 Month10.97%
2 Year17.47%
3 Year11.64%
5 Year-3.69%
10 Year19.45%
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%0.85%
ATR Inc-40.71%
Range Today0.06
ADR(20)0.13
ADR(20)%0.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.79
3 months CRS61.66
6 months CRS56.29
Mansfield-0.54
10 Day High17.92
10 Day Low17.65
20 Day High18.07
20 Day Low16.95
52 Week High18.07
52 Week Low15.74
CS1 End17.74
CR1 Start17.76
Volume & EV
DER(3)-0.62%
DER(5)-0.6%
Volume4.45K
Volume Incr11.74%
Vol(5)7.94K
Vol(50)7.63K

CI CANADIAN REIT ETF / RIT.CA TA FAQ

What is the ChartMill technical rating of CI CANADIAN REIT ETF (RIT.CA) stock?

ChartMill assigns a technical rating of 7 / 10 to RIT.CA.


Can you provide the trend direction for CI CANADIAN REIT ETF?

The current trend direction for CI CANADIAN REIT ETF (RIT.CA) is Bullish.


What is the RSI signal for CI CANADIAN REIT ETF (RIT.CA) stock?

CI CANADIAN REIT ETF (RIT.CA) has an RSI value of 59.163. This indicates that the stock is currently neutral.


What is the MACD signal for CI CANADIAN REIT ETF (RIT.CA) stock?

The MACD indicator for CI CANADIAN REIT ETF (RIT.CA) has a value of -0.00862382, indicating a bearish trend.


What is the support and resistance level for RIT stock?

CI CANADIAN REIT ETF (RIT.CA) has a support level at 17.74 and a resistance level at 17.76. Check the full technical report for our detailed analysis of RIT.CA support and resistance levels.