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 |
|---|---|
| Estimated P/E(12/2013) | 20.7955 |
| 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 |
| Price/Book (mrq) | 1.0133 |
| Price/Sale (ttm) | 4.6834 |
| Dividend Indicated Gross Yield | 1.91% |
| Cash Dividend (SGD) | 0.0700 |
| Last Dividend | 05/03/2013 |
| 5 Year Dividend Growth | -10.84% |
| Next Earnings Announcement | 08/01/2013 |