
My Stocks Investing Journey
2022-05-01 12:00:05
Singapore REIT Monthly Update (May 1st 2022)
Technical Analysis of FTSE ST REIT Index (FSTAS351020)
FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) decreased from 864.41 to 853.56 (-1.25%) compared to last month’s update. The Singapore REIT index reached a high of 873 on April 5th, before falling into the 850-862 range since April 7th, staying in that range ever since.
Support Lines: Blue
Resistance Lines: Red
Short-term direction: Sideways
Medium-term direction: Sideways
Long-term direction: Sideways
Immediate Support at 850, followed by 807.
Immediate Resistance at 862, followed by 890
Previous chart on FTSE ST REIT index can be found in the last post: Singapore REIT Fundamental Comparison Table on April 3rd, 2022.
Fundamental Analysis of 40 Singapore REITs
The following is the compilation of 40 Singapo