DREAM RESIDENTIAL REAL ESTAT (DRR-U.CA) Stock Technical Analysis
TSX:DRR-U - Toronto Stock Exchange - CA26154C1023 - REIT - Currency: USD
Taking everything into account, DRR-U scores 7 out of 10 in our technical rating. DRR-U has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Warning: DRR-U has an average volume of 8378 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
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.
DRR-U is one of the better performing stocks in the Residential REITs industry, it outperforms 86% of 16 stocks in the same industry.
DRR-U is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so DRR-U is leading the market.
In the last month DRR-U has a been trading in the 6.38 - 8.34 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that DRR-U is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although DRR-U has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
6.11
8.09
3 important support areas can be observed.
- A support zone ranging from 6.77 to 6.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.40 from a trend line in the weekly time frame.
- A support zone ranging from 6.17 to 6.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 8.01 to 8.01. 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
CRS75.68
Mansfield1.04
10 Day High8.34
10 Day Low6.42
20 Day High8.34
20 Day Low6.38
52 Week High8.34
52 Week Low0
Performance
1 Week22.14%
2 Weeks19.58%
1 Month23.08%
3 Month16.62%
6 Month21.03%
12 Month16.62%
2 Year-14.89%
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)0.14
RSI(14)81.88
LBB5.9
UBB7.72
TSX:DRR-U (2/21/2025, 7:00:00 PM)
8
+0.18 (+2.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg2.3%
1 Week22.14%
2 Weeks19.58%
1 Month23.08%
3 Month16.62%
6 Month21.03%
12 Month16.62%
2 Year-14.89%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%2.85%
ATR Inc633.16%
Range Today0.74
ADR(20)0.2
ADR(20)%2.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.68
Mansfield1.04
10 Day High8.34
10 Day Low6.42
20 Day High8.34
20 Day Low6.38
52 Week High8.34
52 Week Low0
CS1 End6.88
CR1 Start8.01
Volume & EV
DER(3)19.97%
DER(5)11.98%
Volume43.08K
Volume Incr225.63%
Vol(5)22.24K
Vol(50)8.38K