Stock Trend Analysis Report
Prepared for you on Wednesday, March 3, 2021.
EUROPEAN RESIDENTIAL REIT (TSE:ERE.UN)
Sidelines Mode (-55) - ERE.UN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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 UP since Sep 30th, 2020 at 4.35
The intermediate-term trend has been DOWN since Feb 17th, 2021 at 4.35
The short-term trend has been UP since Feb 24th, 2021 at 4.40
Smart Scan Analysis for ERE.UN
Based on our trend formula, ERE.UN is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).