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SLATE GROCERY REIT-CL U (SGR-UN.CA) Stock Technical Analysis

TSX:SGR-UN - Toronto Stock Exchange - CA8310622037 - REIT - Currency: CAD

14.29  -0.1 (-0.69%)

Technical Rating and Analysis

6

Overall SGR-UN gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SGR-UN is only an average performer.

Both the short term and long term trends are positive. This is a very positive sign.
SGR-UN is one of the better performing stocks in the Diversified REITs industry, it outperforms 83% of 43 stocks in the same industry.
SGR-UN 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 SGR-UN is performing more or less in line with the market.
In the last month SGR-UN has a been trading in the 12.94 - 14.58 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
When comparing the performance of all stocks over the past year, SGR-UN turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
Weekly and Daily overview Charts
SLATE GROCERY REIT-CL U / SGR-UN Weekly stock chart
SLATE GROCERY REIT-CL U / SGR-UN Daily stock chart
Setup Rating and Analysis

8

SGR-UN has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 14.14, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • 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.
Support and Resistance Analysis

11.99

15.22

2 important support areas can be observed.

  • A support zone ranging from 13.03 to 14.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @12.11 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 14.97 to 15.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS60.25
Mansfield0.55
10 Day High14.58
10 Day Low13.64
20 Day High14.58
20 Day Low12.94
52 Week High15.14
52 Week Low10.59
Performance
1 Week2.07%
2 Weeks2.14%
1 Month5%
3 Month-3.18%
6 Month15.33%
12 Month20.79%
2 Year-4.41%
3 Year-8.28%
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)0.04
RSI(14)57.43
LBB13.65
UBB14.53
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
14.5913.630.96 (6.58%)15.20%
An entry @14.59. This is a Buy Stop order right above the 10 day high.An exit @13.63. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.96 points, which is 6.58%.For a 1.00% total portfolio risk, you can invest 15.20% 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.
SLATE GROCERY REIT-CL U / SGR-UN Daily stock chart

SLATE GROCERY REIT-CL U

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

14.29

-0.1 (-0.69%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-0.69%
1 Week2.07%
2 Weeks2.14%
1 Month5%
3 Month-3.18%
6 Month15.33%
12 Month20.79%
2 Year-4.41%
3 Year-8.28%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.31
ATR(20)%2.19%
ATR Inc-44.62%
Range Today0.24
ADR(20)0.29
ADR(20)%2.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.25
Mansfield0.55
10 Day High14.58
10 Day Low13.64
20 Day High14.58
20 Day Low12.94
52 Week High15.14
52 Week Low10.59
CS1 End14.14
CR1 Start14.97
Volume & EV
DER(3)-5.64%
DER(5)-3.02%
Volume82.68K
Volume Incr2.78%
Vol(5)113.44K
Vol(50)103.79K