SLATE GROCERY REIT-CL U (SGR-UN.CA) Stock Technical Analysis
TSX:SGR-UN - Toronto Stock Exchange - CA8310622037 - REIT - Currency: CAD
Taking everything into account, SGR-UN scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, SGR-UN has proven to be a steady performer, scoring decent points in every aspect analyzed.
SGR-UN has an excellent technical rating and 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 resistance zone just above the current price starting at 14.96. Right above this resistance zone may be a good entry point.
More info and screens
12.49
We found 3 important support areas.
- Support @13.57 from a trend line in the weekly time frame.
- A support zone ranging from 13.04 to 13.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 12.62 to 12.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 14.96 to 15.07. 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 SGR-UN.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SGR-UN.CA is up. |
| ChartMill Relative Strength | 78.07 | POSITIVE | SGR-UN.CA has a high relative strength, it outperformed 78.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SGR-UN.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SGR-UN.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SGR-UN.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.23 | NEUTRAL | The RSI value for SGR-UN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SGR-UN.CA has a negative trend. |
| Stochastics (14,3) | 80.37 | OVERBOUGHT | The high Stochastics value suggests SGR-UN.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.39 | LOW VOLATILITY | The low ATR as a percentage value for SGR-UN.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 16.36 | NEGATIVE | The low ADX value for SGR-UN.CA suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 15.08 | 14.30 | 0.78 (5.17%) | 19.33% |
| An entry @15.08. This is a Buy Stop order right above the resistance zone. | An exit @14.30. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.78 points, which is 5.17%. | When investing 19.33% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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:SGR-UN (6/4/2025, 7:00:00 PM)
14.89
0 (0%)