Technical Analysis for MR.UN - Melcor Real Estate Investment Trust

Grade Last Price % Change Price Change
grade F 3.62 -2.69% -0.100
MR.UN closed down 2.69 percent on Tuesday, July 14, 2020, on 33 percent of normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down
Historical MR.UN trend table...

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Inside Day Range Contraction 0.00%
20 DMA Resistance Bearish -2.69%
Crossed Above 50 DMA Bullish -2.69%
Expansion Pivot Buy Setup Bullish Swing Setup -2.69%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup -2.69%
Pocket Pivot Bullish Swing Setup -2.69%
Wide Range Bar Range Expansion -2.69%
Outside Day Range Expansion -2.69%

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Profile

Melcor Real Estate Investment Trust (REIT) is a Canada-based open-ended real estate investment trust. The objectives of the REIT are to generate stable and growing cash distributions on a tax-efficient basis; enhance the value of the REIT's assets and maximize long-term Unit value through active asset and property management, and expand the asset base of the REIT and increase adjusted funds from operations (AFFO) per Unit, primarily through acquisitions and improvement of its properties, including the Initial Properties, through targeted and strategically deployed capital expenditures. The Company's portfolio consists of properties located in western Canada, specifically in the metropolitan areas of Edmonton, Calgary, Lethbridge and Red Deer, Alberta; Regina, Saskatchewan, and Kelowna, British Columbia. It is engaged in acquiring, owning and managing office, retail and industrial properties in select markets across Western Canada. The Company is managed by Melcor Developments Ltd.
Real Estate Investment Trust Open Ended Real Estate Investment Trust H&R Reit

Is MR.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 8.35
52 Week Low 2.61
Average Volume 18,282
200-Day Moving Average 6.192
50-Day Moving Average 3.701
20-Day Moving Average 3.743
10-Day Moving Average 3.690
Average True Range 0.176
ADX 14.13
+DI 27.680
-DI 24.538
Chandelier Exit (Long, 3 ATRs ) 3.523
Chandelier Exit (Short, 3 ATRs ) 4.027
Upper Bollinger Band 4.041
Lower Bollinger Band 3.444
Percent B (%b) 0.3
BandWidth 15.973
MACD Line -0.052
MACD Signal Line -0.040
MACD Histogram -0.0114
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 3.905
Resistance 3 (R3) 3.907 3.813 3.858
Resistance 2 (R2) 3.813 3.741 3.813 3.842
Resistance 1 (R1) 3.717 3.696 3.670 3.715 3.826
Pivot Point 3.623 3.623 3.600 3.623 3.623
Support 1 (S1) 3.527 3.551 3.480 3.525 3.414
Support 2 (S2) 3.433 3.506 3.433 3.398
Support 3 (S3) 3.337 3.433 3.383
Support 4 (S4) 3.335