SMARTCENTRES REAL ESTATE INV (SRU-UN.CA) Stock Technical Analysis
TSX:SRU-UN - Toronto Stock Exchange - CA83179X1087 - REIT - Currency: CAD
We assign a technical rating of 7 out of 10 to SRU-UN. In the last year, SRU-UN was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
SRU-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. There is a resistance zone just above the current price starting at 25.77. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.44, a Stop Loss order could be placed below this zone.
More info and screens
21.07
3 important support areas can be observed.
- A support zone ranging from 24.91 to 25.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.77 to 24.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @21.28 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.77 to 26.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 |
|---|---|---|---|
| 26.24 | 24.90 | 1.34 (5.11%) | 19.58% |
| An entry @26.24. This is a Buy Stop order right above the resistance zone. | An exit @24.90. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.34 points, which is 5.11%. | For a 1.00% total portfolio risk, you can invest 19.58% 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.
TSX:SRU-UN (5/1/2025, 7:00:00 PM)
25.52
+0.03 (+0.12%)