Technical Analysis for MRG.UN - Morguard North American Residential Real Estate Investment Trust

Grade Last Price % Change Price Change
grade A 19.62 0.31% 0.060
MRG.UN closed up 0.31 percent on Friday, August 16, 2019, on 1.43 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Up Up Down
See historical MRG.UN trend table...

Date Alert Name Type % Chg
Spinning Top Other 0.00%
Calm After Storm Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
Strong but Oversold Other 0.00%
Strong, Oversold and Reversal Signs Reversal 0.00%
Oversold Stochastic Weakness 0.00%
Calm After Storm Range Contraction 0.31%
Strong but Oversold Other 0.31%
Oversold Stochastic Weakness 0.31%

Older signals for MRG.UN ...

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Profile
Morguard North American Residential Real Estate Investment Trust (the Trust) is a real estate investment trust (REIT). The Trust's investment objectives 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 per Unit primarily through acquisitions and improvement of its properties through targeted deployed capital expenditures. The Trust owns multi-suite residential rental properties in Canada and the United States. The Trust owns interest in a portfolio of over 10 Canadian residential apartment buildings and approximately 30 residential walk-up garden communities in the United States, consisting of over 13,470 residential suites that are located in Alberta, Ontario, Colorado, Texas, Louisiana, Alabama, Georgia, Florida and North Carolina.
Companies Industries Real Estate Investment Trust Trust Law Morguard Australian Real Estate Investment Trust Inland Residential Properties Trust
Is MRG.UN a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 5 bullish, 0 bearish and 0 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 20.73
52 Week Low 15.65
Average Volume 55,921
200-Day Moving Average 17.8869
50-Day Moving Average 19.1168
20-Day Moving Average 19.849
10-Day Moving Average 19.916
Average True Range 0.2775
ADX 28.89
+DI 27.9726
-DI 23.6315
Chandelier Exit (Long, 3 ATRs ) 19.8975
Chandelier Exit (Short, 3 ATRs ) 20.2525
Upper Bollinger Band 20.453
Lower Bollinger Band 19.245
Percent B (%b) 0.31
BandWidth 6.085949
MACD Line 0.1449
MACD Signal Line 0.2519
MACD Histogram -0.107
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 19.740
Resistance 3 (R3) 19.737 19.693 19.720
Resistance 2 (R2) 19.693 19.663 19.695 19.713
Resistance 1 (R1) 19.657 19.644 19.675 19.660 19.707
Pivot Point 19.613 19.613 19.623 19.615 19.613
Support 1 (S1) 19.577 19.583 19.595 19.580 19.533
Support 2 (S2) 19.533 19.564 19.535 19.527
Support 3 (S3) 19.497 19.533 19.520
Support 4 (S4) 19.500