SLATE GROCERY REIT-CL U (SGR-U.CA) Stock Technical Analysis
TSX:SGR-U - Toronto Stock Exchange - CA8310622037 - REIT - Currency: USD
Taking everything into account, SGR-U scores 7 out of 10 in our technical rating. In the last year, SGR-U was one of the better performers, but we do observe some doubts in the very recent evolution.
Warning: SGR-U has an average volume of 1676 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, SGR-U did better than 73% of all other stocks.
SGR-U is one of the better performing stocks in the Diversified REITs industry, it outperforms 97% of 38 stocks in the same industry.
SGR-U is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month SGR-U has a been trading in the 10.25 - 11.03 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Although SGR-U has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
9.14
11.02
3 important support areas can be observed.
- Support @10.24 from a horizontal line in the daily time frame.
- A support zone ranging from 9.69 to 9.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.23 to 9.24. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 10.51 to 10.91. This zone is formed by a combination of multiple trend lines and important moving averages 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 SGR-U.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SGR-U.CA is neutral. |
| ChartMill Relative Strength | 73.34 | POSITIVE | SGR-U.CA has a high relative strength, it outperformed 73.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SGR-U.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SGR-U.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SGR-U.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.47 | NEUTRAL | The RSI value for SGR-U.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests SGR-U.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.33 | OVERSOLD | The low Stochastics value suggests SGR-U.CA may be oversold. |
| Average True Range in percent/ATR (20) | 1.31 | LOW VOLATILITY | The low ATR as a percentage value for SGR-U.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 5.5 | NEGATIVE | The low ADX value for SGR-U.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:SGR-U (7/14/2025, 7:00:00 PM)
10.48
+0.23 (+2.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg2.24%
1 Week0.48%
2 Weeks0.1%
1 Month-0.29%
3 Month13.3%
6 Month1.65%
12 Month28.59%
2 Year3.76%
3 Year-7.34%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%1.31%
ATR Inc32.32%
Range Today0.04
ADR(20)0.06
ADR(20)%0.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.34
Mansfield-0.11
10 Day High10.75
10 Day Low10.25
20 Day High11.03
20 Day Low10.25
52 Week High11.03
52 Week Low0
CS1 End10.24
CR1 Start10.51
Volume & EV
DER(3)0%
DER(5)0%
Volume4.72K
Volume Incr-6.88%
Vol(5)1.58K
Vol(50)1.68K