SLATE OFFICE REIT (SOT-UN.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:SOT-UN - CA8310211005 - REIT
Taking everything into account, SOT-UN scores 0 out of 10 in our technical rating. SOT-UN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, SOT-UN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for SOT-UN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.35
6 important support areas can be observed.
- Support @0.49 from a trend line in the daily time frame.
- A support zone ranging from 0.48 to 0.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.47 from a horizontal line in the daily time frame.
- Support @0.46 from a trend line in the weekly time frame.
- Support @0.43 from a trend line in the daily time frame.
- Support @0.35 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 0.51 to 0.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.53 to 0.53. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.56 from a horizontal line in the daily time frame.
- A resistance zone ranging from 0.67 to 0.68. 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 | DOWN | NEGATIVE | The long term trend for SOT-UN.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SOT-UN.CA is neutral. |
| ChartMill Relative Strength | 30.28 | NEUTRAL | SOT-UN.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SOT-UN.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SOT-UN.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SOT-UN.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.91 | NEUTRAL | The RSI value for SOT-UN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SOT-UN.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.11 | NEUTRAL | The Stochastics value for SOT-UN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5 | MEDIUM VOLATILITY | The ATR as a percentage value for SOT-UN.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 19.48 | NEGATIVE | The low ADX value for SOT-UN.CA suggests a weak or negative trend. |
TSX:SOT-UN (3/12/2025, 7:00:00 PM)
0.51
+0.01 (+2%)
SLATE OFFICE REIT / SOT-UN.CA FAQ
What is the ChartMill technical rating of SLATE OFFICE REIT (SOT-UN.CA) stock?
ChartMill assigns a technical rating of 0 / 10 to SOT-UN.CA.
Can you provide the trend direction for SLATE OFFICE REIT?
The current trend direction for SLATE OFFICE REIT (SOT-UN.CA) is Bearish.
What is the RSI signal for SLATE OFFICE REIT (SOT-UN.CA) stock?
SLATE OFFICE REIT (SOT-UN.CA) has an RSI value of 49.9133. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for SLATE OFFICE REIT?
SLATE OFFICE REIT (SOT-UN.CA) has a support level at 0.49 and a resistance level at 0.51. Check the full technical report for our detailed analysis of SOT-UN.CA support and resistance levels.