Technical Analysis for RIT - First Asset Canadian REIT ETF

Grade Last Price % Change Price Change
grade A 17.63 0.23% 0.040
RIT closed up 0.23 percent on Monday, March 18, 2019, on 29 percent of normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Very Strong Up Up Flat
See historical RIT trend table...

Date Alert Name Type % Chg
Mar 18 Hammer Candlestick Bullish 0.00%
Mar 18 Overbought Stochastic Strength 0.00%
Mar 15 Three Weeks Tight Range Contraction 0.23%
Mar 15 Overbought Stochastic Strength 0.23%
Mar 14 Overbought Stochastic Strength 0.34%
Mar 13 New 52 Week Closing High Bullish -0.06%
Mar 13 Pocket Pivot Bullish Swing Setup -0.06%
Mar 13 Volume Surge Other -0.06%
Mar 13 New 52 Week High Strength -0.06%
Mar 13 Stochastic Reached Overbought Strength -0.06%

Older signals for RIT ...

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Profile
First Asset Canadian Reit Income Fund (the Fund), formerly First Asset REIT Income Fund, is a Canada-based closed-end investment trust. The Fund's investment objectives is to provide holders with the benefits of high monthly cash distributions together with the opportunity for capital appreciation through the active management of a diversified portfolio of real estate investment trusts (REITs) and real estate corporations that are listed on Canadian stock exchanges. The investment portfolio provides diversification among various real estate holdings, including apartment buildings, shopping centers, office buildings and nursing/retirement homes, among others. The manager and investment advisor of the Fund is First Asset Investment Management Inc.
Finance Economy Money Private Equity Investment Trust Real Estate Investment Trusts Australian Real Estate Investment Trust Active Management Real Estate Holdings
Is RIT a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 4 bullish, 0 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 17.68
52 Week Low 15.38
Average Volume 50,694
200-Day Moving Average 16.6373
50-Day Moving Average 17.0382
20-Day Moving Average 17.467
10-Day Moving Average 17.583
Average True Range 0.0946
ADX 57.88
+DI 33.157
-DI 10.9062
Chandelier Exit (Long, 3 ATRs ) 17.3962
Chandelier Exit (Short, 3 ATRs ) 17.4638
Upper Bollinger Band 17.7285
Lower Bollinger Band 17.2055
Percent B (%b) 0.81
BandWidth 2.994218
MACD Line 0.1652
MACD Signal Line 0.1814
MACD Histogram -0.0161
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 17.765
Resistance 3 (R3) 17.753 17.697 17.743
Resistance 2 (R2) 17.697 17.662 17.703 17.735
Resistance 1 (R1) 17.663 17.641 17.635 17.675 17.727
Pivot Point 17.607 17.607 17.593 17.613 17.607
Support 1 (S1) 17.573 17.572 17.545 17.585 17.533
Support 2 (S2) 17.517 17.551 17.523 17.525
Support 3 (S3) 17.483 17.517 17.518
Support 4 (S4) 17.495