Logo image of CHP-UN.CA

CHOICE PROPERTIES REIT (CHP-UN.CA) Stock Technical Analysis

TSX:CHP-UN - Toronto Stock Exchange - CA17039A1066 - REIT - Currency: CAD

13.53  -0.12 (-0.88%)

Technical Rating and Analysis

3

We assign a technical rating of 3 out of 10 to CHP-UN. Recently some decent action could be observed, but in the medium term time frame this is still negative. CHP-UN was also a bad performer in the overall market in the last year.

71% of all other stocks performed better in the past year than CHP-UN.
CHP-UN is one of the lesser performing stocks in the Diversified REITs industry. 66% of 43 stocks in the same industry do better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month CHP-UN has a been trading in the 12.51 - 13.93 range, which is quite wide. It is currently trading near the high of this range.
CHP-UN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CHP-UN is lagging the market slightly.
Weekly and Daily overview Charts
CHOICE PROPERTIES REIT / CHP-UN Weekly stock chart
CHOICE PROPERTIES REIT / CHP-UN Daily stock chart
Setup Rating and Analysis

7

Although the technical rating is bad, CHP-UN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 13.49, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

12.41

14.14

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 13.08 to 13.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @12.54 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 13.54 to 13.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @14.00 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.79
Mansfield-0.83
10 Day High13.93
10 Day Low13.23
20 Day High13.93
20 Day Low12.51
52 Week High15.33
52 Week Low12.42
Performance
1 Week-0.51%
2 Weeks-0.29%
1 Month5.21%
3 Month-1.89%
6 Month-7.52%
12 Month-1.46%
2 Year-8.58%
3 Year-6.82%
5 Year0.07%
10 Year16.94%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.05
RSI(14)56.96
LBB12.96
UBB13.93
CHOICE PROPERTIES REIT / CHP-UN Daily stock chart

CHOICE PROPERTIES REIT

TSX:CHP-UN (2/21/2025, 7:00:00 PM)

13.53

-0.12 (-0.88%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-0.88%
1 Week-0.51%
2 Weeks-0.29%
1 Month5.21%
3 Month-1.89%
6 Month-7.52%
12 Month-1.46%
2 Year-8.58%
3 Year-6.82%
5 Year0.07%
10 Year16.94%
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%1.95%
ATR Inc-38.55%
Range Today0.22
ADR(20)0.26
ADR(20)%1.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.79
Mansfield-0.83
10 Day High13.93
10 Day Low13.23
20 Day High13.93
20 Day Low12.51
52 Week High15.33
52 Week Low12.42
CS1 End13.49
CR1 Start13.54
Volume & EV
DER(3)-10.57%
DER(5)-4.12%
Volume373.92K
Volume Incr-8.24%
Vol(5)471.77K
Vol(50)455.44K