Technical Analysis for SMU.UN - Summit Industrial Income REIT

Grade Last Price % Change Price Change
A 16.12 1.13% 0.180
SMU.UN closed up 1.13 percent on Friday, May 14, 2021, on 86 percent of normal volume. The bulls were able to push the stock to a new 52-week high. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up
Historical SMU.UN trend table...

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.00%
New 52 Week Closing High Bullish 0.00%
Doji - Bearish? Reversal 0.00%
New 52 Week High Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Shooting Star Candlestick Bearish 1.13%
Lizard Bearish Bearish Day Trade Setup 1.13%
Doji - Bearish? Reversal 1.13%
20 DMA Support Bullish 1.58%
Older End-of-Day Signals for SMU.UN ...

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Profile

Summit Industrial Income REIT is a Canada-based mutual fund trust. The Trust is involved in the commercial leasing of real estate property with approximately 30 property locations in Ontario, approximately 6 properties across Western Canada, approximately 16 properties in Montreal, and one property in Atlantic Canada. The Company is focused on the light industrial sector of the Canadian real estate industry. Light industrial properties are one-storied properties located in or near cities. The properties house such activities as warehousing and storage, light assembly and shipping, call centers and technical support, professional services and other similar uses. The Company's manager is Sigma Asset Management Limited.
Classification

Sector: Other
Industry: Other
Keywords: Real Estate Asset Management Mutual Fund Real Estate Investment Trust Light Storage Montreal Leasing Professional Services Real Estate Industry Shipping Atlantic Canada Summit Dream Office Real Estate Investment Trust

Is SMU.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 16.35
52 Week Low 9.28
Average Volume 334,293
200-Day Moving Average 13.540
50-Day Moving Average 14.971
20-Day Moving Average 15.792
10-Day Moving Average 15.890
Average True Range 0.286
ADX 40.14
+DI 30.087
-DI 12.044
Chandelier Exit (Long, 3 ATRs ) 15.492
Chandelier Exit (Short, 3 ATRs ) 15.628
Upper Bollinger Band 16.184
Lower Bollinger Band 15.400
Percent B (%b) 0.92
BandWidth 4.961
MACD Line 0.291
MACD Signal Line 0.317
MACD Histogram -0.026
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 16.563
Resistance 3 (R3) 16.590 16.470 16.489
Resistance 2 (R2) 16.470 16.357 16.456 16.464
Resistance 1 (R1) 16.295 16.288 16.235 16.268 16.440
Pivot Point 16.175 16.175 16.145 16.161 16.175
Support 1 (S1) 16.000 16.062 15.940 15.973 15.800
Support 2 (S2) 15.880 15.993 15.866 15.776
Support 3 (S3) 15.705 15.880 15.751
Support 4 (S4) 15.678