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MORGUARD NORTH AMERICAN (MRG-DB-B.CA) Stock Technical Analysis

TSX:MRG-DB-B - Toronto Stock Exchange - CA61761EAC45 - Currency: CAD

102  0 (0%)

Technical Rating and Analysis

6

We assign a technical rating of 6 out of 10 to MRG-DB-B. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MRG-DB-B is only an average performer.

Both the short term and long term trends are positive. This is a very positive sign.
MRG-DB-B is part of the Residential REITs industry. There are 16 other stocks in this industry. MRG-DB-B outperforms 86% of them.
MRG-DB-B is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MRG-DB-B is performing more or less in line with the market.
When comparing the performance of all stocks over the past year, MRG-DB-B turns out to be only a medium performer in the overall market: it outperformed 55% of all stocks.
In the last month MRG-DB-B has a been trading in a tight range between 100.00 and 105.00.

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Weekly and Daily overview Charts
MORGUARD NORTH AMERICAN / MRG-DB-B Weekly stock chart
MORGUARD NORTH AMERICAN / MRG-DB-B Daily stock chart
Setup Rating and Analysis

8

Although the technical rating is only medium, MRG-DB-B 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 resistance zone just above the current price starting at 102.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 101.95, a Stop Loss order could be placed below this zone.

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Support and Resistance Analysis

96.77

104.03

2 important support areas can be observed.

  • A support zone ranging from 99.99 to 101.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @97.75 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 102.00 to 103.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

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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
CRS55.3
Mansfield-1.07
10 Day High102.18
10 Day Low100
20 Day High105
20 Day Low100
52 Week High105
52 Week Low89.8
Performance
1 Week-0.18%
2 Weeks0%
1 Month-2.3%
3 Month0%
6 Month4.6%
12 Month14.61%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A

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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)

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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)-0.03
RSI(14)50.1
LBB100.36
UBB103.73

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Example Setup

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.

ENTRYEXITDISTANCECAPITAL
103.0199.993.02 (2.93%)25.00%
An entry @103.01. This is a Buy Stop order right above the resistance zone.An exit @99.99. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 3.02 points, which is 2.93%.For a 0.73% 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.

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MORGUARD NORTH AMERICAN / MRG-DB-B Daily stock chart

MORGUARD NORTH AMERICAN

TSX:MRG-DB-B (2/20/2025, 7:00:00 PM)

102

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg0%
1 Week-0.18%
2 Weeks0%
1 Month-2.3%
3 Month0%
6 Month4.6%
12 Month14.61%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.84
ATR(20)%0.8%
ATR Inc-99.43%
Range Today0
ADR(20)0.5
ADR(20)%0.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.3
Mansfield-1.07
10 Day High102.18
10 Day Low100
20 Day High105
20 Day Low100
52 Week High105
52 Week Low89.8
CS1 End101.95
CR1 Start102
Volume & EV
DER(3)0%
DER(5)0%
Volume9.00K
Volume Incr32.82%
Vol(5)51.40K
Vol(50)56.08K