Capitaland: Testing Down Trend Channel Resistance

Capitaland is currently testing the down trend channel resistance after the recent rebound. If Capitaland fails to break this resistance, there will be more selling pressure ahead. If this resistance is broken, the next immediate resistance is $2.93 (support turned resistance) followed by $3.00 (200D SMA and psychological resistance). Current chart pattern favors the bear because it is very tough for the bull to break all these tough resistances.

See previous post of Capitaland stock chart here.

2014Mar30-Capitaland-800x600

Current P/E Ratio (ttm) 14.1000
Estimated P/E(12/2014) 17.7358
Relative P/E vs. FSSTI 1.0206
Earnings Per Share (SGD) (ttm) 0.2000
Est. EPS (SGD) (12/2014) 0.1590
Est. PEG Ratio 0.6485
Market Cap (M SGD) 12,007.65
Shares Outstanding (M) 4,258.03
30 Day Average Volume 8,291,600
Price/Book (mrq) 0.7463
Price/Sale (ttm) 3.0176
Dividend Indicated Gross Yield 2.84%
Cash Dividend (SGD) 0.0800
Dividend Ex-Date 05/02/2014
5 Year Dividend Growth -10.84%
Next Earnings Announcement 04/25/2014

This Post Has 3 Comments

  1. pineapple123

    marubozu, what do you think of capitaland now? will break thru 3 on monday? im holding on to a short as of now. at 2.96.

  2. Marubozu

    Need to wait for the reversal candle for confirmation.

  3. royzo

    capitaland holding strong at support…seems like going uptrend…just my 2 cents

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