Artis Real Estate Investment Pref Shs Series E T.AX.PR.E

And some technicals on AX units

[houbahop]

A very basic 4-year weekly chart, inclusive of distributions, with support and resistance trendlines.
July 2024 was clearly showing a buy signal. I have initiated a first purchase at $6.65 on August 12th (before $0.25 distributions). Doubled that position at $7.75 at the end of September (before $0.20 distr.). Average Cost Basis of $7.05 after distr.
The RSI and MACD are starting to show a positive signal.

Looking forward to see AX brake the resistance (red) and make new highs before April. :)

AX.un 4-year weekly chart

[jmkOttawa]

Hi houbahop, thanks for sharing. I notice on the graph that the peak price in April 2022 reached by Artis appears to be low 11's where the unit price actually reached low 13's. Curious why this is? Thank you.

[houbahop]

As mentioned, the chart shows the price movements after distributions. The difference in unit price is the total amount of distributions accumulated from April 2022 to present.

[jmkOttawa]

Got it, thank you.