FIRST REIT looks like finding a support at 61.8% Fibonacci Retracement Level and maybe forming a Double Bottom. Take note that FIRST REIT is still on the bearish territory as the stock price is trading below the 3 Moving Averages and the 200D SMA starts to turn down.

Simulated DPU Yield base on past 4 Quarters rolling DPU and Price/NAV below.

See other Singapore REIT Comparison Table here.

If you don’t understand the how to make use of the analysis of this post for your passive income investing decision and identify the risks, learn more about Singapore REIT here.