We chose this REIT as it has low P/E ratio 9.31 and price is flat however it is good to time entry. Great opportunity to buy this stock right now as RSI hits oversold territory. Since 2017 this stock is trading between 6.8 USD - 5.45 USD. We recommend you to buy this stock as it has dividend yield 13.47% per year and current price is appropriate for the first...
expect ≈5% pullback prior to breaking out in either direction; while pattern has been confirmed as symmetrical triangle, it shouldn't breakout at this point. If it does; wait for vol confirmation. Fat divi, but PE is ≈2x Historical which means it may be overpriced. If fed does not lower interest rates next Qtr don't be surprised to see REITs pullback.
What can be said? higher highs and higher lows. Bond alternative and focused in the residential REIT market. Renting is a bigger market than ever in Canada with record house prices and stale wage growth. The dividend is pretty competitive. Lots of upside to come, especially with Canadian rates to come down. I will hold and reflect on the price in the fall. Buy...
A new long term stock position I have taken to reap the dividend and the bounce from the bottom. Dutch smallcap REIT.
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!
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.
Addendum Chart with more long-term picture + momentum indicators added on.
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.
Nice multi-year consolidation. Assym triangle breakout plus pattern bull bias = long w/ size.
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...
Hello All, Tadawul declared that the Saudi Market requires more listed Reit Companies in Saudi Arabia TADAWUL:TRTI , and they justify that there is a need and more demand from investors. It has been one year so far and we do not see such demand from an Elliot wave principle, which makes us produce two theories of Elliot Wave 1- We are facing a temporary...
Reits have been behind the general market. But may shine over the next year or so. This Vanguard ETF VNQ looks promising to me longer term. Target at 115-120 with a 6.7% yield at this price. seekingalpha.com
Price has been in a relief rally since November which has formed a bear flag right up to the fib retraces. Should break out of this flag to the downside where we'll test the November low at the very least.
UK Property REITS including Derwent (DLN) have today closed above their 38% retracement levels following brexit. Having been long DLN from 2400 on 7th July, this provides a bullish signal indicating that resistance has been successfully broken (following a week's worth of testing) and that price should rally towards 3019 in the next few weeks. Should we see a...
Good reit trading at a discount. Closely held by insiders.
What is this chart? This is the MSCI Real-Estate Investment Trust (REIT) Index, it is the Index that DRV is backed by. DRV is a 3xLeveraged Short Real-Estate ETF. Why is it important? Because if you buy DRV while RMZ is crashing you can make some pretty insane returns. If you look at the Elliott Wave count on this chart and on the related SPX500 chart you will...
What is this chart? This is the Real-Estate Investment Trust (REIT) $MSCI it is the underlying asset for the 3xLeveraged Short Real-Estate ETF $DRV. Why is it important? Because if you buy $DRV during a housing market crash you can make some pretty insane returns, and if you look at the Elliott Wave count (unconfirmed) you will see that $MSCI has possibly just...