CapitaLand Ascendas REIT (A17U) weekly chart*** non-dividend adjusted
Ever since the hugh drop back in Sep 2020 (covid), it has been a choppy slight downtrend path connecting most of the Peaks & Troughs (ignore occasional exceptional dips)
More than 10 times, lower channel were tested and perhaps we can expect it will happen again
So buy o
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0.17 SGD
755.08 M SGD
1.50 B SGD
3.63 B
About CAPLAND ASCENDAS REIT
Sector
Industry
CEO
Wee Leong Tay
Website
Headquarters
Singapore
Founded
2002
ISIN
SG1M77906915
FIGI
BBG000PFLWB2
CapitaLand Ascendas REIT engages in the investment in a diverse portfolio of properties and property related assets. It operates through the following segments: Business and Science Park Properties and Suburban Offices; Integrated Development, Amenities, and Retail Properties; High-Specifications Industrial Properties and Data Centres; Light Industrial Properties and Flatted Factories; and Logistics and Distribution Centres. The company was founded on October 9, 2002 and is headquartered in Singapore.
This REIT for 2,90 SGD could be a catch in the next monthAscendas Real Estate Investment Trust is one of the leading Singapore REITS.
Currently the price is ok, but below 2,90 SGD could make it a cheap investment.
Current Price to FFO shows, that it is 19,88 it is a bit overvalued to the mean 16,99, which was last time on May 2020, and probably will not
Ascendas Reit - the time finally looks ripeAscendas Reit was stuck in a range between 3.19-3.28 for the past 4 weeks with RSI dipping below 50 (ie lack of strength). Today RSI finally began to move above 50 with the formation of a very bullish candle that started at the bottom of the range to the top all in one day.
Long @ 3.29-3.30 (as i
Ascendas Reit - Time to stakeA-Reit has been declining within a parallel channel for the past 1.5 months. It went just 3 ticks below the 61.8% fib retracement support @ 3.23 and is now staging a rebound above this declining channel.
Long @ 3.25 with initial stop just below recent low @ 3.18. Will scale out along the way from
Ascendas Reit - opportunity for short term swing upTesting channel support today with a potential bullish divergent in the making.
Long at channel support 3.34 (more "aggressive" entry) or wait for it to rise above 3.38 (confirmation) to Long. I would put initial stop loss at 3.29 and with initial target at 3.60 -3.65 (recent hi)
Disclaimer: This
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An aggregate view of professional's ratings.
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Displays a symbol's price movements over previous years to identify recurring trends.