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Index Trend Analysis Report

Prepared for you on Tuesday, May 7, 2024.

S&P/TSX Capped REIT Index (TSE:RTRE)

Crossroads (+60) - RTRE is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid RTRE?

MarketClub looks at technical strength and momentum to determine if the timing is right for RTRE.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

TSE_RTRE
Open High Low RTRE Price Change
151.95 152.38 150.05 150.06 -1.78
Entry Signal

MarketClub’s Trade Triangles for RTRE

long term down The long-term trend has been DOWN since Apr 2nd, 2024 at 153.73

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 151.73

short term up The short-term trend has been UP since May 3rd, 2024 at 149.83

Smart Scan Analysis for RTRE

Based on our trend formula, RTRE is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for RTRE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
151.95 152.38 150.05 150.06 -1.78
Prev. Close Volume Bid Ask Time
151.84 4021961 2024-05-07 15:59:46
52wk High179.2552wk High Date2018-09-17
52wk Low155.3252wk Low Date2018-02-09
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