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 its portfolio by value. (www.fool.com.au)
Top...
Since 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.
Looking forward 18-days, ARF, provided an average gain of 4.04%, win...
Been 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 how this plays out on Monday, i want to see price push back up...
Some 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 one security in Arena REIT Limited; one security in Arena REIT...
ARF 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.
