Could the recent rebound of Capitaland has ended and found the recent top at $3.85? If yes, it looks like Capitaland is trading in a Elliott Wave C now.
A few things to watch:
- $3.66 is the recent support. It may be forming a Head and Shoulder with neckline at $3.66.
- $3.60 support.
- 50D SMA support which use to be a reliable support base on recent pattern.
- 200D SMA support.
- $3.40 support (61.8% Fibonacci Retracement Level). Breaking this support will confirm the Wave C, also confirm the down trend for Capitaland.
Key Statistics for CAPL
|Current P/E Ratio (ttm)||15.7759|
|Relative P/E vs. FSSTI||1.1373|
|Earnings Per Share (SGD) (ttm)||0.2320|
|Est. EPS (SGD) (12/2013)||0.1760|
|Est. PEG Ratio||0.4905|
|Market Cap (M SGD)||15,581.79|
|Shares Outstanding (M)||4,257.32|
|30 Day Average Volume||11,473,200|
|Dividend Indicated Gross Yield||1.91%|
|Cash Dividend (SGD)||0.0700|
|5 Year Dividend Growth||-10.84%|
|Next Earnings Announcement||08/01/2013|