Technical Analysis for AX.UN - Artis Real Estate Investment Trust

Grade Last Price % Change Price Change
C 6.400 -0.78% -0.050
AX.UN closed down 0.78 percent on Friday, May 10, 2024, on 40 percent of normal volume. Its advance stalled at its 200 day moving average, an important long-term support / resistance line.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Up Down

Date Alert Name Type % Chg
200 DMA Resistance Bearish 0.00%
Fell Below 20 DMA Bearish 0.00%
Cup with Handle Other 0.00%
200 DMA Resistance Bearish -0.78%
Crossed Above 20 DMA Bullish -0.78%
Cup with Handle Other -0.78%
NR7 Range Contraction -0.78%
Gapped Up Strength -0.78%
Down 3 Days in a Row Weakness 0.31%
Gapped Down Weakness 0.31%

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Profile

Artis Real Estate Investment Trust Description

Artis Real Estate Investment Trust (Artis) is an unincorporated closed-end real estate investment trust (REIT). The Company's objective is to provide stable, reliable and tax efficient monthly cash distributions, as well as long-term appreciation in the value of Artis' units. Its segments include Western Canada, which comprises British Columbia and Alberta; Central Canada, which comprises Saskatchewan and Manitoba, and Eastern Canada, which comprises Ontario. The Company's properties are diversified across industrial, retail, and office asset classes, and geographically across western Canada, Ontario, and in select markets in the United States. Its REIT portfolio includes over 250 commercial properties totaling approximately 26.2 million square feet of gross leasable area. Artis' portfolio includes Hudson's Bay Centre, Union Crossings II, Cargill R&D, Stampede Station II, Park 8Ninety, 601 Tower at Carlson, Corridor Park, Crowfoot Village, Shoppes of St. Vital and Union Crossings III.


Classification

Sector: Financial Services
Industry: Savings & Cooperative Banks
Keywords: Retail Real Estate Real Estate Investment Trust Investment Trust Real Estate Investment Tax Asset Classes Hudson Dream Office Real Estate Investment Trust Partners Reit Unincorporated Closed End Real Estate Investment Trust

Is AX.UN a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 7.36
52 Week Low 5.51
Average Volume 228,186
200-Day Moving Average 6.473
50-Day Moving Average 6.292
20-Day Moving Average 6.439
10-Day Moving Average 6.456
Average True Range 0.136
RSI (14) 49.24
ADX 12.9
+DI 21.314
-DI 21.261
Chandelier Exit (Long, 3 ATRs) 6.302
Chandelier Exit (Short, 3 ATRs) 6.598
Upper Bollinger Bands 6.636
Lower Bollinger Band 6.242
Percent B (%b) 0.4
BandWidth 6.125
MACD Line 0.024
MACD Signal Line 0.044
MACD Histogram -0.0197
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 6.535
Resistance 3 (R3) 6.550 6.520 6.513
Resistance 2 (R2) 6.520 6.486 6.513 6.505
Resistance 1 (R1) 6.460 6.464 6.445 6.445 6.497
Pivot Point 6.430 6.430 6.423 6.423 6.430
Support 1 (S1) 6.370 6.396 6.355 6.355 6.303
Support 2 (S2) 6.340 6.374 6.333 6.295
Support 3 (S3) 6.280 6.340 6.288
Support 4 (S4) 6.265