Technical Analysis for BLND - British Land Company Plc

Grade Last Price % Change Price Change
B 377.80 -0.42% -1.60
BLND closed up 2.82 percent on Thursday, April 18, 2024, on 49 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Down

Date Alert Name Type % Chg
Crossed Above 50 DMA Bullish -0.42%
Gapped Up Strength -0.42%
Oversold Stochastic Weakness -0.42%
50 DMA Resistance Bearish 2.38%
Gapped Down Weakness 2.38%
Lower Bollinger Band Touch Weakness 2.38%
Oversold Stochastic Weakness 2.38%
Fell Below 50 DMA Bearish 1.23%
Gapped Down Weakness 1.23%
Oversold Stochastic Weakness 1.23%

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Profile

British Land Company Plc Description

Our portfolio of high quality UK commercial property is focused on London Offices and Retail around the UK. We own or manage a portfolio valued at £13.7bn (British Land share: £10.3bn) as at 30 September 2020 making us one of Europe's largest listed real estate investment companies. Our strategy is to provide places which meet the needs of our customers and respond to changing lifestyles - Places People Prefer. We do this by creating great environments both inside and outside our buildings and use our scale and placemaking skills to enhance and enliven them. This expands their appeal to a broader range of occupiers, creating enduring demand and driving sustainable, long term performance. Our Offices portfolio comprises three office-led campuses in central London as well as high quality standalone buildings and accounts for 65% of our portfolio. Our Retail portfolio is focused on retail parks and shopping centres, and accounts for 31% of our portfolio. Increasingly our focus is on providing a mix of uses and this is most evident at Canada Water, our 53 acre redevelopment opportunity where we have plans to create a new neighbourhood for London. Sustainability is embedded throughout our business. Our places, which are designed to meet high sustainability standards, become part of local communities, provide opportunities for skills development and employment and promote wellbeing. In April 2016 British Land received the Queen's Award for Enterprise: Sustainable Development, the UK's highest accolade for business success for economic, social and environmental achievements over a period of five years.


Classification

Sector: Real Estate
Industry: REIT - Retail
Keywords: Real Estate Investment Sustainability Sustainable Development Retail Parks Environmental Design Sustainable Design

Is BLND a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 421.9
52 Week Low 3.796
Average Volume 3,002,365
200-Day Moving Average 349.60
50-Day Moving Average 373.22
20-Day Moving Average 384.95
10-Day Moving Average 381.08
Average True Range 10.91
RSI (14) 50.25
ADX 34.37
+DI 16.16
-DI 26.26
Chandelier Exit (Long, 3 ATRs) 369.38
Chandelier Exit (Short, 3 ATRs) 397.92
Upper Bollinger Bands 399.72
Lower Bollinger Band 370.17
Percent B (%b) 0.31
BandWidth 7.68
MACD Line 0.60
MACD Signal Line 2.68
MACD Histogram -2.0816
Fundamentals Value
Market Cap 3.52 Billion
Num Shares 927 Million
EPS -1.15
Price-to-Earnings (P/E) Ratio -329.91
Price-to-Sales 5.28
Price-to-Book 0.64
PEG Ratio 6.76
Dividend 0.23
Dividend Yield 0.06%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 390.81
Resistance 3 (R3) 389.54 384.47 388.91
Resistance 2 (R2) 384.47 381.57 385.11 388.28
Resistance 1 (R1) 381.94 379.77 383.20 383.20 387.64
Pivot Point 376.86 376.86 377.50 377.50 376.86
Support 1 (S1) 374.33 373.96 375.60 375.60 371.16
Support 2 (S2) 369.26 372.16 369.89 370.52
Support 3 (S3) 366.72 369.26 369.89
Support 4 (S4) 367.99