Singapore Exchange (SGX) is currently trading within a down trend channel after breaking out from Head and Shoulder pattern. Current SGX has reached the breakout price target and also trading near the down trend support level & 38.2% Fibonacci Retracement Level. SGX may rebound from here after forming an inverted hammer candlestick pattern. Immediate resistance is at about $6.70 which is the down trend channel resistance and 20D SMA.
Golden Agri is currently trading in a down trend channe but also getting close to the recent low of $0.595. This is an important support to watch to see whether Golden Agri continues the down trend or rebound from here. Currently Golden Agri is technically bearish and trading below 20D, 50D and 200D SMA. Long term trend is down.
| Current P/E Ratio (ttm) | 5.5075 |
|---|---|
| Estimated P/E(12/2012) | 10.6939 |
| Relative P/E vs.FSSTI | 0.4789 |
| Earnings Per Share (USD) (ttm) | 0.0912 |
| Est. EPS (USD) (12/2012) | 0.0470 |
| Est. PEG Ratio | 1.6886 |
| Market Cap (M SGD) | 7,895.09 |
| Shares Outstanding (M) | 12,837.55 |
| 30 Day Average Volume | 75,279,260 |
| Price/Book (mrq) | 0.7514 |
| Price/Sale (ttm) | 1.0604 |
| Dividend Indicated Gross Yield | 2.99% |
| Cash Dividend (SGD) | 0.0184 |
| Last Dividend | 04/30/2012 |
| 5 Year Dividend Growth | 15.81% |
| Next Earnings Announcement | 11/12/2012 |
If Capitaland cannot return back up to $2.33, this support will turn resistance and the stock price will be heading towards $1.964.
This post is orginally from My Stocks Investing Journey.