Stock with Momentum: Mapletree Pan Asia Commercial Trust

April 8, 2024

Mapletree Pan Asia Commercial Trust VivoCity

In today’s fast-paced stock market, understanding the subtle cues of technical analysis is key to smart investing.

In this article, our focus is on Mapletree Pan Asia Commercial Trust (SGX: N2IU), which shows signs of a potential bullish rebound in its positive price action.

Below are some key highlights from the technical report:

Mapletree Pan Asia Commercial Trust

  • Market Position: MPACT is designated as a ‘Technical Buy’ at the last price of S$1.34.
  • Entry Prices and Support Levels: Suggested entry prices are S$1.34, S$1.27 and S$1.22, with key supports at S$1.27 and S$1.20.
  • Stop Loss and Resistance Levels: A stop loss is advised at S$1.18, with resistance points at S$1.50 and S$1.60.
  • Target Prices: The analysis sets target prices at S$1.56, S$1.64, S$1.71, and S$1.80.
  • Company Overview: MPACT invests in a diversified portfolio of income-producing real estate used primarily for office and/or retail purposes.

For a more detailed analysis, click on the link to access the report.

Take advantage of the stock momentum

Our goal is simple: to provide you with clear, actionable insights from the complex world of stock charts and trends. Whether you’re a seasoned investor or just starting out, our analysis is designed to help you navigate the market with confidence.

Please refer to the attached report for the disclaimer.