Arena REIT (ASX: ARF)Arena REIT (ASX: ARF) is one of the largest childcare centre-focused real estate investment trusts, or REITs, in Australia. The trust owns a portfolio of 260 long day care centres for children aged under five in Australia. It also owns 11 healthcare centres. The childcare centres represent 89% of it
0.13AUD
72.64 MAUD
93.24 MAUD
347.80 M
About ARENA REIT.
Sector
Industry
CEO
Robert de Vos
Website
Headquarters
Melbourne
Founded
2003
ISIN
AU000000ARF6
FIGI
BBG004K7CX89
Arena REIT operates as a real estate investment trust. Its investment objective is to generate an attractive and predictable distribution to investors, with earnings growth prospects over the medium to long term. The company was founded in 2003 and is headquartered in Melbourne, Australia.
Arena REIT - Upside Bias following MACD below 0 for 30-daysSince listing in 2013, Arena REIT (ARF) has displayed a consistent 18-day return following a 12, 26, 9 MACD Daily Histogram below 0 for 30 consecutive days. This type of downside persistence is very rare, having only been observed on 6 previous occasions. Yesterday, marked the 7th observations.
Lo
ASX: ARF - CwH FormationBeen triggered into a pending order i had set for this, a little bit of a sharp move into it which was not ideal but will see how it plays out.
The trend is up and price formed a CwH pattern and has broken the resistant level, at this stage it is looking like a bit of a fake out happened.
Will see
$ARF - Arena REIT booming alongSome of these REITs are powering along despite the economic downturn elsewhere. Might be a safe-haven worth investigating.
Arena REIT (ARF) is an internally managed stapled real estate group that owns, manages and develops specialised real estate assets across Australia. A security in ARF comprises
$ARF coming out of volatility contraction pattern on good volumeARF may now move into an uptrend after coming out of a 16-month long VCP on above-average volume on Friday.
The recent high volume days in mid-October did not result in any downward progress, indicating demand absorbing supply and can be seen by the sustained upward move since then.
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