PE ratio comparison for Property Stocks listed on Singapore Stock Exchange.
| Allgreen |
| CapitaLand |
| Ho Bee |
| KepLand |
| City Development |
| GuocoLand |
| MCL Land |
| Wing Tai |
| Yanlord |
Guide:
Base on the chart pattern, Yanlord has been trading within a Down Trend Channel for the past 4 months. Yanlord is currently testing the down trend channel resistance for the 3rd time at about $1.80. If Yanlord cannot break this resistance, the downtrend will continue. Next important support to watch is $1.677 which is a 50% Fibonacci Retracement Level. Pay special attention that all three Moving Averegas 20D, 50D and 200D are in the downward direction.
Yanlord showed a Bearish Harami candlesticks pattern and expected a pull back in the next trading days. There is a very strong support (from previous falling wedge) turned resistance trend line at about $1.90 to $1.95. Next Immediate support at about $1.65 (20D and 50D MA).