Technical Analysis for API - abrdn Property Income Trust Limited
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| C | 52.10 | 1.76% | 0.90 |
API closed down 0.39 percent on Wednesday, April 24, 2024, on 11 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. It ran into resistance at its 50 day moving average. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Up | Up | Up |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| 50 DMA Resistance | Bearish | 1.76% | |
| Cup with Handle | Other | 1.76% | |
| NR7 | Range Contraction | 1.76% | |
| Narrow Range Bar | Range Contraction | 1.76% | |
| Stochastic Reached Overbought | Strength | 1.76% | |
| Overbought Stochastic | Strength | 1.76% | |
| 200 DMA Support | Bullish | 1.36% | |
| Cup with Handle | Other | 1.36% | |
| Earnings Movers | Other | 1.36% | |
| Crossed Above 20 DMA | Bullish | 4.20% |
| Alert | Time |
|---|---|
| Up 2% | about 3 hours ago |
| Rose Above Previous Day's High | about 5 hours ago |
| Rose Above 50 DMA | about 5 hours ago |
| Up 1% | about 5 hours ago |
| Possible NR7 | 1 day ago |
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The objective of the Company is to provide shareholders with an attractive level of income together with the prospect of income and capital growth. The Board intends to achieve the investment objective by investing in a diversified portfolio of UK commercial properties. The majority of the portfolio will be invested in direct holdings within the three main commercial property sectors of retail, office and industrial although the Company may also invest in other commercial property such as hotels, nursing homes and student housing. Investment in property development and investment in co-investment vehicles, where there is more than one investor, is permitted up to a maximum of 10% of the property portfolio.
Sector: Other
Industry: Other
Keywords: Equity Securities Private Equity Corporate Finance Real Estate Investment Trust
Classification
Sector: Other
Industry: Other
Keywords: Equity Securities Private Equity Corporate Finance Real Estate Investment Trust
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 57.8891 |
| 52 Week Low | 44.1328 |
| Average Volume | 2,271,380 |
| 200-Day Moving Average | 50.02 |
| 50-Day Moving Average | 51.70 |
| 20-Day Moving Average | 49.58 |
| 10-Day Moving Average | 49.55 |
| Average True Range | 1.80 |
| RSI (14) | 54.34 |
| ADX | 17.65 |
| +DI | 21.00 |
| -DI | 18.33 |
| Chandelier Exit (Long, 3 ATRs) | 50.46 |
| Chandelier Exit (Short, 3 ATRs) | 52.29 |
| Upper Bollinger Bands | 53.44 |
| Lower Bollinger Band | 45.73 |
| Percent B (%b) | 0.71 |
| BandWidth | 15.56 |
| MACD Line | -0.50 |
| MACD Signal Line | -0.90 |
| MACD Histogram | 0.4059 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 52.25 | ||||
| Resistance 3 (R3) | 52.30 | 52.00 | 52.08 | ||
| Resistance 2 (R2) | 52.00 | 51.73 | 51.98 | 52.02 | |
| Resistance 1 (R1) | 51.60 | 51.57 | 51.45 | 51.55 | 51.96 |
| Pivot Point | 51.30 | 51.30 | 51.23 | 51.28 | 51.30 |
| Support 1 (S1) | 50.90 | 51.03 | 50.75 | 50.85 | 50.44 |
| Support 2 (S2) | 50.60 | 50.87 | 50.58 | 50.38 | |
| Support 3 (S3) | 50.20 | 50.60 | 50.33 | ||
| Support 4 (S4) | 50.15 |
