FTSE ST REIT Index (FSTAS8670) Technical Analysis

Interest Rate impact on FTSE ST REIT Index

The index has priced in the 3 rate hikes in 2017 towards 1.5% end of 2017. As long as the interest rate hike is within the expectation, there probably will not have any knee jerk effect on Singapore REITs as a whole.

 

 

 

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Fed Fund Rate Forecast and Probability

 

 

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FTSE ST REIT Index is showing bullish breakout patterns Double Bottoms, Bull Flag and recently broke out from Bullish Pennant. Short term trend is bullish base on chart patterns.

 

 

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Long term is bullish as well after broke out from a declining trend line resistance. However, the index is currently facing a tough resistance at 780 which have been a tough nut to crack under past 9 occasions.

  • Immediate resistance = 780
  • Next resistance = 820
  • Immediate support = 740

 

 

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FTSE ST REIT Index Component Stocks

 

 

Original Post from http://mystocksinvesting.com

See other Singapore REITs comparison table here.

 

Ascendas Hospitality Trust Fundamental & Technical Analysis

Original Post from http://mystocksinvesting.com

 

Portfolio

 

 

Trust Structure

 

 

 

Distribution Per Staple Securities

 

 

Debt Profile

 

Forex

Both AUD / SGD and JPY / SGD pairs are testing the support. Strengthening of AUD & JPY will have positive impact on Ascendas HT DPS.

 

 

Insider Trades

 

 

Technical Analysis

  • 50D & 200D SMA trending up.
  • Immediate Support = $0.75
  • Immediate Resistance = $0.80

 

 

Summary

Fundamental is improving for Ascendas HT. Valuation and yield are attractive. Technically the chart is trading in consolidation to up direction. Watch for turn around play.

 

 

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