DREAM RESIDENTIAL REAL ESTAT (DRR-UN.CA) Stock Technical Analysis
TSX:DRR-UN - Toronto Stock Exchange - CA26154C1023 - REIT - Currency: CAD
Taking everything into account, DRR-UN scores 9 out of 10 in our technical rating. In the last year, DRR-UN was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Warning: DRR-UN has an average volume of 4424 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.
When comparing the yearly performance of all stocks, we notice that DRR-UN is one of the better performing stocks in the market, outperforming 76% of all stocks. We also observe that the gains produced by DRR-UN over the past year are nicely spread over this period.
DRR-UN is one of the better performing stocks in the Residential REITs industry, it outperforms 93% of 16 stocks in the same industry.
A new 52 week high is currently being made by DRR-UN, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so DRR-UN is leading the market.
In the last month DRR-UN has a been trading in the 9.16 - 11.50 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.
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-UN has an excellent technical rating, it does not offer a high quality setup 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
8.66
11.16
4 important support areas can be observed.
- A support zone ranging from 9.67 to 9.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.32 to 9.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.13 from a trend line in the daily time frame.
- Support @8.75 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.73
Mansfield0.98
10 Day High11.5
10 Day Low9.25
20 Day High11.5
20 Day Low9.16
52 Week High11.5
52 Week Low8.3
Performance
1 Week17.93%
2 Weeks14.98%
1 Month22.78%
3 Month13.92%
6 Month22.23%
12 Month21.03%
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)0.16
RSI(14)74.8
LBB8.64
UBB10.89
TSX:DRR-UN (2/21/2025, 7:00:00 PM)
11.05
-0.14 (-1.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg-1.25%
1 Week17.93%
2 Weeks14.98%
1 Month22.78%
3 Month13.92%
6 Month22.23%
12 Month21.03%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.31
ATR(20)%2.71%
ATR Inc409.52%
Range Today0.61
ADR(20)0.22
ADR(20)%1.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.73
Mansfield0.98
10 Day High11.5
10 Day Low9.25
20 Day High11.5
20 Day Low9.16
52 Week High11.5
52 Week Low8.3
CS1 End9.82
CR1 StartN/A
Volume & EV
DER(3)20.47%
DER(5)12.28%
Volume64.44K
Volume Incr899.8%
Vol(5)22.37K
Vol(50)4.42K