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CI CANADIAN REIT ETF (RIT.CA) Stock Technical Analysis

TSX:RIT - Toronto Stock Exchange - CA12554R1055 - ETF - Currency: CAD

16.92  -0.01 (-0.06%)

Technical Rating and Analysis

5

Overall RIT gets a technical rating of 5 out of 10. Although RIT 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, RIT is a bad performer in the overall market: 62% of all stocks are doing better.
Warning: RIT has an average volume of 15577 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
RIT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RIT is lagging the market.
In the last month RIT has a been trading in a tight range between 16.61 and 17.09.
Weekly and Daily overview Charts
CI CANADIAN REIT ETF / RIT Weekly stock chart
CI CANADIAN REIT ETF / RIT Daily stock chart
Setup Rating and Analysis

10

RIT has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 16.91, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for RIT in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.

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

14.48

17.09

2 important support areas can be observed.

  • A support zone ranging from 16.51 to 16.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 14.63 to 14.99. This zone is formed by a combination of multiple trend lines in multiple time frames.

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 Strength38.74NEUTRALRIT.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNMIXEDThe current price of RIT.CA is above a declining 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)54.35NEUTRALThe RSI value for RIT.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0POSITIVEThe MACD value suggests RIT.CA has a positive trend.
Stochastics (14,3)74.92NEUTRALThe Stochastics value for RIT.CA is a neutral value.
Average True Range in percent/ATR (20)0.84LOW VOLATILITYThe low ATR as a percentage value for RIT.CA suggests low volalility.
Average Directional Index/ADX (14)15.4NEGATIVEThe low ADX value for RIT.CA suggests a weak or negative trend.
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)
CI CANADIAN REIT ETF / RIT Daily stock chart

CI CANADIAN REIT ETF

TSX:RIT (8/15/2025, 7:00:00 PM)

16.92

-0.01 (-0.06%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.06%
1 Week0.53%
2 Weeks0.65%
1 Month-0.47%
3 Month4.06%
6 Month8.18%
12 Month3.61%
2 Year8.32%
3 Year-0.41%
5 Year9.73%
10 Year27.03%
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%0.84%
ATR Inc-11.31%
Range Today0.13
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
CRS38.74
Mansfield-0.6
10 Day High17.01
10 Day Low16.61
20 Day High17.09
20 Day Low16.61
52 Week High18.2
52 Week Low14.3
CS1 End16.91
CR1 StartN/A
Volume & EV
DER(3)3.81%
DER(5)3.61%
Volume11.25K
Volume Incr1.41%
Vol(5)12.32K
Vol(50)15.58K