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Stock Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

Melcor REIT Units (TSE:MR.UN)

Sidelines Mode (+50) - MR.UN is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until MR.UN can gain momentum.

Is it time to buy, sell, or avoid MR.UN?

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

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

TSE_MR.UN
Open High Low MR.UN Price Change
2.95 2.98 2.95 2.98 +0.02
Entry Signal

MarketClub’s Trade Triangles for MR.UN

long term down The long-term trend has been DOWN since Feb 23rd, 2024 at 3.60

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2024 at 3.19

short term up The short-term trend has been UP since Apr 23rd, 2024 at 2.99

Smart Scan Analysis for MR.UN

Based on our trend formula, MR.UN is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for MR.UN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.95 2.98 2.95 2.98 +0.02
Prev. Close Volume Bid Ask Time
3.00 10200 2024-04-24 15:59:51
Year High8.69Year High Date2018-01-11
Year Low7.39Year Low Date2018-11-23
52wk High8.9952wk High Date2017-12-01
52wk Low7.3952wk Low Date2018-11-23
Average Volume10,786Volatility13.84
Payment Date2019-06-17
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