Dream Global REIT (DRG-UN.CA) Stock Technical Analysis
TSX:DRG-UN - Toronto Stock Exchange -
We assign a technical rating of 10 out of 10 to DRG-UN. Both in the recent history as in the last year, DRG-UN has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that DRG-UN is one of the better performing stocks in the market, outperforming 86% of all stocks. We also observe that the gains produced by DRG-UN over the past year are nicely spread over this period.
A new 52 week high is currently being made by DRG-UN, which is a very good signal! Especially since the S&P500 is only trading in the middle part of its 52 week range, so DRG-UN is leading the market.
In the last month DRG-UN has a been trading in a tight range between 16.72 and 16.79.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, DRG-UN also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 16.80. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.77, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
14.58
16.97
When analyzing the support we can see 2 important areas.
- A support zone ranging from 16.67 to 16.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.73 to 15.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 16.80 to 16.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.74
Mansfield0.7
10 Day High16.79
10 Day Low16.75
20 Day High16.79
20 Day Low16.72
52 Week High16.79
52 Week Low11.58
Performance
1 Week0.18%
2 Weeks0.36%
1 Month0.3%
3 Month18.49%
6 Month22.82%
12 Month31.07%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
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)-0.01
RSI(14)67.98
LBB16.72
UBB16.8
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 16.81 | 16.74 | 0.07 (0.42%) | 25.00% |
| An entry @16.81. This is a Buy Stop order right above the resistance zone. | An exit @16.74. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.07 points, which is 0.42%. | For a 0.10% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:DRG-UN (12/11/2019, 9:09:41 PM)
16.79
+0.01 (+0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.06%
1 Week0.18%
2 Weeks0.36%
1 Month0.3%
3 Month18.49%
6 Month22.82%
12 Month31.07%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%0.11%
ATR Inc29.63%
Range Today0.01
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.74
Mansfield0.7
10 Day High16.79
10 Day Low16.75
20 Day High16.79
20 Day Low16.72
52 Week High16.79
52 Week Low11.58
CS1 End16.77
CR1 Start16.8
Volume & EV
DER(3)2.27%
DER(5)2.25%
Volume630.47K
Volume Incr188.98%
Vol(5)1.76M
Vol(50)844.52K