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Stock Trend Analysis Report

Prepared for you on Saturday, May 15, 2021.

EUROPEAN RESIDENTIAL REIT (TSE:ERE.UN)

Long-Term Downtrend (-90) - ERE.UN is in a strong downtrend that is likely to continue. While ERE.UN is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

TSE_ERE.UN
Open High Low ERE.UN Price Change
4.15 4.16 4.14 4.16 +0.01
Entry Signal

MarketClub’s Trade Triangles for ERE.UN

long term down The long-term trend has been DOWN since May 6th, 2021 at 4.20

intermediate term down The intermediate-term trend has been DOWN since Feb 17th, 2021 at 4.35

short term down The short-term trend has been DOWN since May 5th, 2021 at 4.28

Smart Scan Analysis for ERE.UN

Based on our trend formula, ERE.UN is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for ERE.UN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.15 4.16 4.14 4.16 +0.01
Prev. Close Volume Bid Ask Time
4.16 96404 2021-05-14 15:59:59
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