NEPI Rockcastle's Chart: A Bearish Forecast with a Target of 80.
NEPI Rockcastle's Chart: A Bearish Forecast with a Target of 80.
NEPI Rockcastle plc
1. Price Formation: The price has previously broken out of an M price formation on a daily chart and hit a target. Bearish sentiment.
2. Moving Averages: The 7-day moving average (MA) is below the 21-day MA.
3. 200-day Moving Average is above the Price.
5. Relative Strength Index (RSI): The RSI is < than 50.
6. Price Target:80
NEPI Rockcastle plc is a commercial property investor and developer. The company has a primary listing on the Johannesburg Stock Exchange (JSE) and a secondary listing on the Euronext Amsterdam. The group is known for its portfolio of dominant retail assets and other commercial properties in Central and Eastern Europe (CEE).
NEPI Rockcastle was formed from the merger of New Europe Property Investments (NEPI) and Rockcastle Global Real Estate. Their assets are primarily shopping centers in countries like Romania, Poland, Bulgaria, Hungary, Czech Republic, Slovakia, and others.
The company's strategy has traditionally been to acquire, develop, and manage retail assets in the CEE region, which has seen relatively higher growth compared to Western Europe.
NEPI Rockcastle plc
1. Price Formation: The price has previously broken out of an M price formation on a daily chart and hit a target. Bearish sentiment.
2. Moving Averages: The 7-day moving average (MA) is below the 21-day MA.
3. 200-day Moving Average is above the Price.
5. Relative Strength Index (RSI): The RSI is < than 50.
6. Price Target:80
NEPI Rockcastle plc is a commercial property investor and developer. The company has a primary listing on the Johannesburg Stock Exchange (JSE) and a secondary listing on the Euronext Amsterdam. The group is known for its portfolio of dominant retail assets and other commercial properties in Central and Eastern Europe (CEE).
NEPI Rockcastle was formed from the merger of New Europe Property Investments (NEPI) and Rockcastle Global Real Estate. Their assets are primarily shopping centers in countries like Romania, Poland, Bulgaria, Hungary, Czech Republic, Slovakia, and others.
The company's strategy has traditionally been to acquire, develop, and manage retail assets in the CEE region, which has seen relatively higher growth compared to Western Europe.