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

Grade Last Price % Change Price Change
grade D 14.59 -1.08% -0.160
MRG.UN closed down 1.08 percent on Monday, July 6, 2020, on 58 percent of normal volume. It was able to find support at its 50 day moving average.

Trend Table & Recent Signals

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

Date Alert Name Type % Chg
MACD Bearish Centerline Cross Bearish 0.00%
50 DMA Support Bullish 0.00%
Oversold Stochastic Weakness -1.75%
Bullish Engulfing Bullish 0.00%
Crossed Above 50 DMA Bullish 0.00%
Stochastic Buy Signal Bullish 0.00%
Oversold Stochastic Weakness 0.00%
Fell Below 50 DMA Bearish 1.53%
Down 3 Days in a Row Weakness 1.53%
Down 4 Days in a Row Weakness 1.53%

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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

Indicators

Indicator Value
52 Week High 20.98
52 Week Low 10.73
Average Volume 68,421
200-Day Moving Average 17.214
50-Day Moving Average 14.544
20-Day Moving Average 15.073
10-Day Moving Average 14.714
Average True Range 0.483
ADX 8.92
+DI 22.542
-DI 22.477
Chandelier Exit (Long, 3 ATRs ) 15.012
Chandelier Exit (Short, 3 ATRs ) 15.598
Upper Bollinger Band 16.069
Lower Bollinger Band 14.076
Percent B (%b) 0.26
BandWidth 13.220
MACD Line -0.014
MACD Signal Line 0.070
MACD Histogram -0.0838
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 15.100
Resistance 3 (R3) 15.120 14.970 15.015
Resistance 2 (R2) 14.970 14.840 14.960 14.987
Resistance 1 (R1) 14.780 14.760 14.705 14.760 14.958
Pivot Point 14.630 14.630 14.593 14.620 14.630
Support 1 (S1) 14.440 14.500 14.365 14.420 14.222
Support 2 (S2) 14.290 14.420 14.280 14.193
Support 3 (S3) 14.100 14.290 14.165
Support 4 (S4) 14.080