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 CRR-UN.TO
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Evaluation of Crombie Real Estate Investment Trust stock downgraded after the last trading session.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Feb 23, 2024 Loss -0.14% PDF

The Crombie Real Estate Investment Trust stock price gained 0.720% on the last trading day (Wednesday, 27th Mar 2024), rising from $13.89 to $13.99. During the last trading day the stock fluctuated 2.16% from a day low at $13.87 to a day high of $14.17. The price has fallen in 5 of the last 10 days but is still up by 0.58% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 894 more shares were traded than the day before. In total, 109 thousand shares were bought and sold for approximately $1.52 million.

The stock is moving within a horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Crombie Real Estate Investment Trust stock with a 90% probability to be traded between $13.69 and $14.59 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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CRR-UN.TO Signals & Forecast

The Crombie Real Estate Investment Trust stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $13.98 and $13.88. A breakdown below any of these levels will issue sell signals. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Friday, March 08, 2024, and so far it has fallen -2.03%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Crombie Real Estate Investment Trust stock

Crombie Real Estate Investment Trust finds support from accumulated volume at $13.93 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 $0.300 between high and low, or 2.16%. For the last week the stock has had daily average volatility of 1.86%.

Our recommended stop-loss: $13.38 (-4.36%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 13 days ago.)

Trading Expectations (CRR-UN.TO) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Crombie Real Estate Investment Trust to open at $14.01, and during the day (based on 14 day Average True Range), to move between $13.72 and $14.26, which gives a possible trading interval of +/-$0.273 (+/-1.95%) up or down from last closing price. If Crombie Real Estate Investment Trust takes out the full calculated possible swing range there will be an estimated 3.90% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $14.00 (0.07%) than the support at $13.93 (0.43%), 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 Crombie Real Estate Investment Trust stock A Buy?

Crombie Real Estate Investment Trust holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

Current score: 0.276 Hold/Accumulate Downgraded

Predicted Opening Price for Crombie Real Estate Investment Trust of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$14.01 ( 0.143%) $13.99

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

Trading levels for CRR-UN.TO

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 14.31 2.29 %
R2 14.20 1.47 %
R1 14.12 0.96 %
Current price: 13.99
Support S1 13.90 -0.676 %
S2 13.82 -1.18 %
S3 13.71 -2.00 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 14.09 0.715 %
R2 14.01 0.143 %
R1 14.00 0.0715 %
Current price 13.99
Support S1 13.93 -0.429%
S2 13.85 -1.00%
S3 13.81 -1.29%

CRR-UN Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 27, 2024 Mar 27, 2024 Mar 27, 2024 $0 0%
2 Feb 28, 2024 Feb 28, 2024 Mar 15, 2024 $0.0742 0.535%
3 Jan 30, 2024 Jan 30, 2024 Feb 15, 2024 $0.0742 0.533%
4 Dec 28, 2023 Dec 28, 2023 Dec 28, 2023 $0 0%
5 Nov 29, 2023 Nov 29, 2023 Dec 15, 2023 $0 0%

FAQ

What is the symbol for Crombie Real Estate Investment Trust Stock and on which exchange is it traded?
The symbol for Crombie Real Estate Investment Trust is CRR-UN.TO and it is traded on the TSX (Toronto Stock Exchange).

Should I buy or sell Crombie Real Estate Investment Trust Stock?
Crombie Real Estate Investment Trust holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

How to buy Crombie Real Estate Investment Trust Stock?
Crombie 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 Crombie Real Estate Investment Trust Stock.

What's the current price of Crombie Real Estate Investment Trust Stock?
As of the end of day on the 2024-03-27, the price of an Crombie Real Estate Investment Trust (CRR-UN.TO) share was $13.99.

What is the 52-week high and low for Crombie Real Estate Investment Trust Stock?
The 52-week high for Crombie Real Estate Investment Trust Stock is $15.78 and the 52-week low is $11.68.

What is the market capitalization of Crombie Real Estate Investment Trust Stock?
As of the 2024-03-27, the market capitalization of Crombie Real Estate Investment Trust is 2.537B.

When is the next earnings date for Crombie Real Estate Investment Trust?
The upcoming earnings date for Crombie Real Estate Investment Trust is May 08, 2024.
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About Crombie Real Estate Investment Trust

Crombie 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.... CRR-UN.TO Profile

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