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Strategies & Market Trends : Underexposed Technical Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Underexposed who wrote (403)8/21/2019 4:54:11 PM
From: Underexposed  Read Replies (1) | Respond to of 914
 
CDN: Time to add another stock to the Canadian Fantasy Portfolio and here are 3 good REIT possibilities with pretty decent dividends

1) Artis Real Estate Investment Trust [TSX:AX/UN]


Artis Real Estate Investment Trust

is an unincorporated closed-end REIT based in Canada. Artis REIT's portfolio comprises properties located in Central and Western Canada and select markets throughout the United States, including regions such as Alberta, British Columbia, Manitoba, Ontario, Saskatchewan, Arizona, Minnesota, Colorado, New York, and Wisconsin.
The properties are divided into three categories: office, retail, and industrial.



Dividend: $0.045/month

Fundamentals


You can check out this stock's financials at this link: Artis REIT financials

Income: Total Revenue: consistent slightly rising quarterly total of about $133,000,000
.............. Net income: between $7,000,000 to $25,000,000 for the last 3 quarters...higher before that

Debt: Current: has risen slightly to $660,000,000
............Long term: constant at about $2.1 Billion

Here are the charts


The P&F shows that it has breached a rather strong resistance with a diagonal resistance crossing at a double top breakout.... this is now a decent support..... the next resistance is at $12.90 which looks like an all time high.

The column SMAs in the bottom circle are definitely bullish.

The Trigger chart looks equally as bullish...it looked like it was entering a consolidation but now shows it is tracking the inside of the Upper Bollie.

The slow sto looks great... the MACD and BBWidth leveled out for a bit but now show signs of rising again


My Sentiment chart on the left is quit bullish... the only tiny bearish indication is the Par Sar in that it is quite close to the share price and could indicate a reversal if share price in the near future.

The Ichimoku chart is interesting... see how the share price creased the upper edge of the green clould (which is a support) and then took off.... everything about this chart is bullish.

2) Dream Global Real Estate Investment Trust [TSX:DRG/UN]
Dream Global Real Estate Investment Trust

is a real estate investment trust primarily engaged in the acquisition, ownership, and operation of properties in Europe. The company's portfolio is mainly composed of office and mixed-use spaces.

Dividend: $0.067/month

Fundamentals


You can check out this stock's financials at this link: DRG Financials

Income: Total Revenue: consistent slightly rising quarterly total of about $89,000,000
.............. Net income: between $217,000,000 to $248,000,000 for the last 3 quarters...It has another income source

Debt: Current: has risen slightly to $150,000,000
............Long term: constant at about $2.5 Billion

Here are the charts





the P&F chart could not look more bullish... it has a solid support at $14.10 and is almost knocking on the door of an all time high

The column SMAs are also very bullish

The Trigger chart shows that the share price is marching up a trough...there was a breach of that trough on about Aug 12 but that was brought in line the next trading day.

The Slo Sto declined at the pullback of that breach but it is headed back toward 80 again... the MACD and BBWidth are flat...we could see a breakout and a challenge to the $14.60 resistance in the near future.



The Sentiment chart is like the previous one.... very bullish except for the Par Sar... but I would not worry about that very much

The ichimoku chart is very bullish now... it had a rough patch in June but burst out the green cloud and has not looked back.

3) Altus Group Ltd [TSX:AIF]


Altus Group Ltd

operates in the Canadian real estate sector. Its services can be summed up as advisory services, software and data solutions to the property and real estate industry. The company has three reportable segments namely Altus Analytics, Commercial Real Estate Consulting, and Geomatics.


Dividend: $0.15/quarter

Fundamentals


You can check out this stock's financials at this link: AIF Financials

Income: Total Revenue: rising to $153,000,000 in the last quarter

.............. Net income: NOT consistent but the last quarter about $13,000,000

Debt: Current: has risen dramatically to about $150,000,000 in the last quarter

............Long term: has fallen to about $400,000 in the last quarter

Here are the charts



Well the the P&F chart shot up like a rocket... timed to an excellent last quarter... the column SMAs have not caught up in the excitement but it is turning bullish.

The trigger chart is very bullish right now... the Slo Sto has basically been around 80 for the last six months and the MACD and BBwidth have not reversed direction yet. You can see in the circle in the main chart an example of a good re-entry into a Bollie envelope after rising above the upper bollie for 3 days... see how it re-entered with a positive slope....nice.


There are absolutely no negatives to either of these charts... even the Par Sar is fine

Overall a very bullish set of charts

Conclusion

This is difficult to decide right now. All three stocks have good possiblities but I will choose only one.

It is too late to make a decision today as the session is over. I will take my time and give my decision before tomorrow's opening.

UE