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FTSE ST Real Estate Index April 2014 Review

Post author:Marubozu
Post published:May 3, 2014

FTSE ST Real Estate Index Chart

FTSE ST Real Estate Index has started a trend reversal in April 2014 after breaking out from a Falling Wedge. The index is currently starting an uptrend. So this is a good time to start to pick up some fundamentally strong property stocks and REITs.

Last Analysis on Singapore Property Stocks and REITs here.

FTSE ST Real Estate Index Components Stocks (Total 50 Stocks)

All Top 10 Constituents posted positive gain in the month of April led by CapitaMalls Asia, CapitaCommercialTrust and Capitaland. Read the News here CapitaLand Offers S$3.06 Billion to Buy CapitaMalls Asia.

For Singapore REIT, Click here for Singapore REITs Fundamental analysis.

Fundamental Comparison for Key Component Stocks and Property Stocks

Property Stocks Fundamental Comparison May3-2014

Check out how to use Fundamental Analysis to pick the right stocks, what is the meaning of PE Ratio, Current Ratio, ROA, ROE here. Price to Book Value remains attractive for Hong Kong Land, Capitaland, UOL and Keppel Land.

Hong Kong Land

It is very clear that Hong Kong Land broke out from the down trend channel and reverse into uptrend. Currently Hong Kong Land is facing resistance at $7.00 but the stock is very well supported by the 20D & 50D SMA.

Global Logistic Properties

GLP has not reversed to uptrend yet and currently testing the declining trend line resistance and fighting to break the 200D SMA resistance.

Capitaland

Capitaland has reversed to uptrend after finding a good support at $2.93. As long as Capitaland find the support at 200D SMA and $3.00 psychological level, the chart looks bullish. Fundamentally the valuation is very attractive with 17% discount to book value.

City Development

City Development had a sharp rally in April. $10.70 is a significant resistance turned support level to watch.

UOL

After breaking out from a Falling Wedge, UOL has reversed to uptrend and trading above the 20D, 50D and 200D SMA. Technically UOL retraces back to the uptrend support with 27% discount to book value fundamentally.

Keppel Land

Keppel Land looks like finding a good support at 200D SMA. Now need to watch for 20D & 50D SMA to catch up to confirm the uptrend.

Check here to learn how to use Technical Analysis to study the stock charts.

Why Most Investors Lose Money in Real Estate and Property Stocks in 2013?

Post author:Marubozu
Post published:January 23, 2014

In general, your portfolio should have a lot of red (if you are still holding now) if you have invested in any property stocks (Capitaland, Keppel Land, City Development, UOL, etc) and REITs but did not hedge your portfolio with CFD.

So A-million dollar questions to most of the investors or traders in Singapore including myself:

Is it the right time to pick up property stocks or REITs since the stock price has dropped so much?
What should I do if I am still holding those property stocks and REITs? Should I cut loss or hold on and wait for the recovery?
Is there any trading opportunity in property stocks?

Fundamentally the real estate / property sectors are hit by all the cooling measures and fear of interest hike due to QE tapering. I will not touch on the above 2 topics as there are already a lot of news and articles talking the impact to the property sectors in Singapore. I will be focusing in using technical analysis to analyse the overall trend for property sectors as a whole and individual stocks.

FTSE ST Real Estate Index

The index is trading in a Elliott Wave pattern and there is a possibility to start a Big Wave C down if break down from the Falling Wedge.

FTSE ST Real Estate Investment Trust Index

Singapore REITs is officially enter into bear trend after dropping more than 20% from the top.

The chart pattern is similar to FTSE ST Real Estate Index (Elliott Wave + Falling Wedge). More selling of the REIT is the support (about 690) of Falling wedge is broken.

FTSE ST Real Estate Index Components Stocks

Fundamental Comparison for Key Component Stocks and Property Stocks

Fundamental Comparison for Singapore REITs

Hong Kong Land – Down Trend

Global Logistic Properties (GLP) – Up Trend

Capitaland – Break out from Descending Triangle. Continue Down Trend.

City Development – Break out from Descending Triangle. Continue Down Trend.

UOL Limited – Trading in a Falling Wedge.

CapitaMall Trust – In consolidation.

Ascendas REIT – Consolidation in Rectangle. Range Bound.

Suntec REIT – In consolidation.

CapitaCommercial Trust – In consolidation.

Summary

Most of the property stocks and REITs either trading on down trend on in consolidation. Take note that the stocks are trading below 200D SMA (long term trend) which is sloping down (bearish signal). Base on the charts, this property and Real Estate sector have not found the bottom yet and probably will continue trading in a down trend in 2014. Bad news for investors who are still holding the stocks but good news for traders who know how to short the stock market. It will be a while for those smart investors who want undervalue stocks (Hong Kong Land, Capitaland, UOL, Keppel Land) to buy at bottom but need to keep a close eye on the chart.

FTSE ST Real Estate Index: Elliott Wave B ended?

Post author:Marubozu
Post published:July 21, 2013

FTSE ST Real Estate is showing a Elliott Wave pattern. Currently the index is trading in a Wave B. Wave C (bearish wave) will start if the index break the support of 733.5. It is important to monitor the FTSE ST Real Estate Index because we can detect whether there is any strength or weakness in property counters to plan our trade.

Analysis by Marubozu https://mystocksinvesting.com

If the sector is weak, we can look for the Top 10 components stock to short by looking at the individual stock chart.

FTSE ST Real Estate Top 10 Companies

Look at Hongkong Land’s chart and you can see the weakness of the stock. The stock is trading in a down trend channel.

Although Global Logistic Properties (GLP) is still on uptrend but be cautious that a Head and Shoulders may be in formation.

Capitaland’s chart is bearish and trading in down trend.