So today we going to take a look at the 4 underperforming KLSE stocks in REIT industry. They are 4952, Amanah Harta Tanah PNB, 5280 KIP Real Estate Investment (Orange Line), 5127 Amanah Raya Real Estate (Pink Line). & 5269 AL-Salam Real Estate Investment (Blue Line)
To be more specific lets find out underlying sentiments on these charts.
What is the common...
A few weeks ago it failed to pass it's resistance and was consolidating between that a new found support. Recently it broke that daily support and retested to continue downwards. I have an upward trendline that it looks to be drawing back towards. Love to hear your opinion of the trade!
I like this name because of its massive dividend yield. This isn't uncommon in REITs, but TWO carries one of the larger yields in the industry. Their financial statements are healthy and the primary risk here is the state of interest rates in the US. My harmonic analysis shows two sin waves: a red and a pink. The red represents a macro trend wave and until the FED...
REIT's are looking like the first sector to definitively break the big uptrend since December 24th.
Big move here breaking out of 2 month wedge to the downside.
All momentum indicators are also pointing downward (macd, stochastic) and we've had demark exhaustion signals as well. Easy short entry here.
The "Real Estate Market Cycle" is made up of four distinct phases.
There isn't an exact length of period of time each phase must last, but taken as a whole, the entire cycle averages 17 to 18 years from peak to peak.
Looking at the previous cycle (1989-2007) we can use Fibonacci and geometry to see where we currently...
Real Estate Investment Trust (REIT); which focuses on single-family home rentals in the US. EPS has been slowly increasing from year to year. Could see some continued growth this year breaking the $23.05 level to continue its bullish trend on a weekly time-frame.
REITs have had quite the rally and are overbought RSI on the 4H/1H. Scaling into a short position in the AMEX:VNQ$82.50 - $84.00 range. Ended the day strong and am expecting a bit more upside, but looking for consolidation soon.
Will be updating periodically.
Real Estate sector has shown to be safe haven and not oversold sector to other stock sectors, which were way oversold to value.
I give thanks today for understanding enough, but still expect growth here. Mid-term stocks usually do well in ensuing 6 mo.
period, however during bearish times a safe haven is a consideration.
If you have another sector, make...
If you take a look at the behaviour of the REI index before, during, and after the 2008 recession and present day. The REIT is in blue, the S&P500 is in red.
REI index is outpacing the S&P500
REI index is converging with the S&P500
the indices both fell together with the REI falling more aggressively
REI index recovers quicker and...
This, my Custom Real Estate Index, paints a very clear picture that RE does not like the recent FED rate increase and is under pressure. One could state that investors are fearful that RE returns could be pushed towards the negative and that the US Real Estate markets could "roll over" with another Fed rate increase.
Right now, the price channel and regression...
Bearish below $15
Looking to short it if it breaks support zone.
Good Dividends but unsure if it's worth buying at support level.
1. Short below $15 / Cover over $15.50
2. Buy at support level and write a cover call when it gets to resistance level
I think it will fall more as the fed rate hikes will impact all the REIT.
I will monitor...
US Cannabis REIT Crop Infrastructure breaking out since early Sept. in heavy volume.
1865 Acres added this month. Several customers have submitted dried crops for testing (pesticides, THC, etc. for legal sale) and looks very promising. 15 business days to go.
october 17th is Canada legal date, Crop Infrastructure Corp, formerly Fortify Resources...