Stock Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
EUROPEAN RESIDENTIAL REIT (TSE:ERE.UN)
Crossroads (+60) - ERE.UN 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 ERE.UN?
MarketClub looks at technical strength and momentum to determine if the timing is right for ERE.UN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ERE.UN
The long-term trend has been DOWN since May 11th, 2023 at 3.16
The intermediate-term trend has been UP since Dec 6th, 2023 at 2.45
The short-term trend has been UP since Dec 4th, 2023 at 2.33
Smart Scan Analysis for ERE.UN
Based on our trend formula, ERE.UN is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).