Technical Analysis for RIT - First Asset Canadian REIT ETF

Grade Last Price % Change Price Change
D 16.480 0.18% 0.030
RIT closed up 0.18 percent on Friday, November 15, 2024, on 40 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
1 Watcher
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Flat

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
Oversold Stochastic Weakness 0.00%
Narrow Range Bar Range Contraction 0.18%
Oversold Stochastic Weakness 0.18%
Stochastic Reached Oversold Weakness 0.24%
Down 3 Days in a Row Weakness 0.24%
Down 4 Days in a Row Weakness 0.24%
Oversold Stochastic Weakness 0.24%
NR7 Range Contraction -0.18%
Narrow Range Bar Range Contraction -0.18%

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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.
Classification

Keywords: Real Estate Investment Management Real Estate Investment Trust Investment Trust Real Estate Investment Private Equity Tire Stock Exchanges Apartment Real Estate Investment Trusts Diversification Active Management Investment Advisor Real Estate Holdings

Top 10 Components

Symbol Grade Price % Change Allocation
KMP.UN D -0.71 5.54
CSH.UN A 1.53 5.54
GRT.UN D -0.26 5.41
CAR.UN D -1.04 5.33
FCR.UN C 0.17 5.16
DIR.UN D -0.54 5.16
REI.UN D -0.52 5.12
BEI.UN D -0.57 5.09
HR.UN D -0.20 4.25
CHP.UN D 0.15 4.17

Is RIT 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 18.1288
52 Week Low 14.2678
Average Volume 8,349
200-Day Moving Average 16.036
50-Day Moving Average 17.290
20-Day Moving Average 16.772
10-Day Moving Average 16.550
Average True Range 0.156
RSI (14) 34.64
ADX 38.95
+DI 11.221
-DI 35.946
Chandelier Exit (Long, 3 ATRs) 17.134
Chandelier Exit (Short, 3 ATRs) 16.807
Upper Bollinger Bands 17.340
Lower Bollinger Band 16.203
Percent B (%b) 0.24
BandWidth 6.777
MACD Line -0.221
MACD Signal Line -0.208
MACD Histogram -0.0134
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 16.585
Resistance 3 (R3) 16.573 16.527 16.568
Resistance 2 (R2) 16.527 16.500 16.533 16.562
Resistance 1 (R1) 16.503 16.483 16.515 16.515 16.556
Pivot Point 16.457 16.457 16.463 16.463 16.457
Support 1 (S1) 16.433 16.430 16.445 16.445 16.404
Support 2 (S2) 16.387 16.413 16.393 16.398
Support 3 (S3) 16.363 16.387 16.393
Support 4 (S4) 16.375