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TRUE NORTH COMMERCIAL REAL E (TNT-UN.CA) Stock Technical Analysis

TSX:TNT-UN - Toronto Stock Exchange - CA89784Y4076 - REIT - Currency: CAD

9.4  +0.04 (+0.43%)

Technical Rating and Analysis

3

Taking everything into account, TNT-UN scores 3 out of 10 in our technical rating. In the last year, TNT-UN was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.

67% of all other stocks performed better in the past year than TNT-UN.
TNT-UN is one of the lesser performing stocks in the Diversified REITs industry. 66% of 37 stocks in the same industry do better.
TNT-UN is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TNT-UN is lagging the market.
Warning: TNT-UN has an average volume of 12805 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month TNT-UN has a been trading in the 9.15 - 9.70 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.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Weekly and Daily overview Charts
TRUE NORTH COMMERCIAL REAL E / TNT-UN Weekly stock chart
TRUE NORTH COMMERCIAL REAL E / TNT-UN Daily stock chart
Setup Rating and Analysis

8

Although the technical rating is bad, TNT-UN does present a nice setup opportunity. 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 support zone below the current price at 9.33, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

8.04

11.64

4 important support areas can be observed.

  • A support zone ranging from 9.30 to 9.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @8.86 from a horizontal line in the daily time frame.
  • A support zone ranging from 8.31 to 8.37. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • Support @8.12 from a horizontal line in the weekly time frame.

3 important resistance areas can be observed.

  • A resistance zone ranging from 9.42 to 9.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 10.74 to 10.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @11.52 from a horizontal line in the daily time frame.
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 IndicatorNEUTRALNEUTRALThe long term trend for TNT-UN.CA is neutral.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for TNT-UN.CA is neutral.
ChartMill Relative Strength33.02NEUTRALTNT-UN.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of TNT-UN.CA is below a declining SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of TNT-UN.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of TNT-UN.CA is below a declining SMA(200).
Relative Strength Index/RSI (14)50.1NEUTRALThe RSI value for TNT-UN.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.02NEGATIVEThe MACD value suggests TNT-UN.CA has a negative trend, although the MACD value is rising.
Stochastics (14,3)31.85NEUTRALThe Stochastics value for TNT-UN.CA is a neutral value.
Average True Range in percent/ATR (20)1.94LOW VOLATILITYThe low ATR as a percentage value for TNT-UN.CA suggests low volalility.
Average Directional Index/ADX (14)8.95NEGATIVEThe low ADX value for TNT-UN.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)
TRUE NORTH COMMERCIAL REAL E / TNT-UN Daily stock chart

TRUE NORTH COMMERCIAL REAL E

TSX:TNT-UN (8/1/2025, 7:00:00 PM)

9.4

+0.04 (+0.43%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg0.43%
1 Week-0.53%
2 Weeks0.21%
1 Month-0.84%
3 Month-2.08%
6 Month3.87%
12 Month5.74%
2 Year-33.27%
3 Year-73.5%
5 Year-71.86%
10 Year-71.81%
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%1.94%
ATR Inc-21.13%
Range Today0.16
ADR(20)0.17
ADR(20)%1.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.02
Mansfield-1.3
10 Day High9.67
10 Day Low9.24
20 Day High9.7
20 Day Low9.15
52 Week High14.05
52 Week Low7.77
CS1 End9.33
CR1 Start9.42
Volume & EV
DER(3)0.39%
DER(5)0.36%
Volume14.36K
Volume Incr10.19%
Vol(5)15.72K
Vol(50)12.81K