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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of MRG-UN.TO
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Red day on Tuesday for Morguard North American Residential Real
(Updated on Jun 25, 2024)

Sell candidate since Jun 11, 2024 Loss -0.59% PDF

The Morguard North American Residential Real stock price fell by -0.262% on the last day (Tuesday, 25th Jun 2024) from $15.26 to $15.22. During the last trading day the stock fluctuated 1.92% from a day low at $15.07 to a day high of $15.36. The price has fallen in 6 of the last 10 days and is down by -0.59% for this period. Volume has increased on the last day by 74 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 88 thousand shares were bought and sold for approximately $1.34 million.

The stock lies in the middle of a falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -3.25% during the next 3 months and, with a 90% probability hold a price between $14.12 and $15.44 at the end of this 3-month period.

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MRG-UN.TO Signals & Forecast

A buy signal was issued from a pivot bottom point on Friday, June 21, 2024, and so far it has risen 2.84%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Morguard North American Residential Real stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $15.51. On a fall, the stock will find some support from the short-term average at $15.02. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Morguard North American Residential Real gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".

Support, Risk & Stop-loss for Morguard North American Residential Real stock

Morguard North American Residential Real finds support from accumulated volume at $15.08 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.290 between high and low, or 1.92%. For the last week the stock has had daily average volatility of 1.75%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (MRG-UN.TO) For The Upcoming Trading Day Of Wednesday 26th

For the upcoming trading day on Wednesday, 26th we expect Morguard North American Residential Real Estate Investment Trust to open at $15.22, and during the day (based on 14 day Average True Range), to move between $14.93 and $15.51, which gives a possible trading interval of +/-$0.292 (+/-1.92%) up or down from last closing price. If Morguard North American Residential Real Estate Investment Trust takes out the full calculated possible swing range there will be an estimated 3.84% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $15.26 (0.26%) than the support at $15.08 (0.92%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Morguard North American Residential Real Estate Investment Trust stock A Buy?

Morguard North American Residential Real holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -3.264 Sell Candidate Unchanged

Predicted Opening Price for Morguard North American Residential Real Estate Investment Trust of Wednesday, June 26, 2024

Fair opening price June 26, 2024 Current price
$15.22 ( 0.0219%) $15.22

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for MRG-UN.TO

Fibonacci Support & Resistance Levels

Level Price
R3 15.51 1.88%
R2 15.40 1.16%
R1 15.33 0.706%
Price 15.22
S1 15.11 -0.750%
S2 15.04 -1.20%
S3 14.93 -1.93%

Accumulated Volume Support & Resistance Levels

Level Price
R3 16.12 5.91%
R2 15.55 2.17%
R1 15.26 0.263%
Price 15.22
S1 15.08 -0.92%
S2 15.00 -1.45%
S3 14.92 -1.97%

MRG-UN Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 28, 2024 Jun 28, 2024 Jul 15, 2024 $0.0617 0.405%
2 May 31, 2024 May 31, 2024 Jun 14, 2024 $0.0617 0.409%
3 Apr 29, 2024 Apr 29, 2024 May 15, 2024 $0.0617 0.384%
4 Mar 27, 2024 Mar 27, 2024 Apr 15, 2024 $0.0617 0.397%
5 Feb 28, 2024 Feb 28, 2024 Feb 28, 2024 $0.0620 0.392%

FAQ

What is the symbol for Morguard North American Residential Real Estate Investment Trust Stock and on which exchange is it traded?
The symbol for Morguard North American Residential Real Estate Investment Trust is MRG-UN.TO and it is traded on the TSX (Toronto Stock Exchange).

Should I buy or sell Morguard North American Residential Real Estate Investment Trust Stock?
Morguard North American Residential Real holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

How to buy Morguard North American Residential Real Estate Investment Trust Stock?
Morguard North American Residential Real Estate Investment Trust Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Morguard North American Residential Real Estate Investment Trust Stock.

What's the current price of Morguard North American Residential Real Estate Investment Trust Stock?
As of the end of day on the Jun 25, 2024, the price of an Morguard North American Residential Real Estate Investment Trust (MRG-UN.TO) share was $15.22.

What is the 52-week high and low for Morguard North American Residential Real Estate Investment Trust Stock?
The 52-week high for Morguard North American Residential Real Estate Investment Trust Stock is $17.18 and the 52-week low is $13.08.

What is the market capitalization of Morguard North American Residential Real Estate Investment Trust Stock?
As of the Jun 25, 2024, the market capitalization of Morguard North American Residential Real Estate Investment Trust is 574.424M.

When is the next earnings date for Morguard North American Residential Real Estate Investment Trust?
The upcoming earnings date for Morguard North American Residential Real Estate Investment Trust is Jul 23, 2024.
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About Morguard North American Residential Real Estate Investment Trust

Morguard North American Residential Real Estate Investment Trust BTB is a real estate investment trust listed on the Toronto Stock Exchange. BTB is an important owner of properties in eastern Canada. As at November 10th, 2020, BTB owns 64 retail, office and industrial properties for a total leasable area of approximately 5.3 million square feet and an approximate total asset value as of September 30th, 2020 of approximately of $946M.... MRG-UN.TO Profile

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