Technical Breakout at the Gates: CapitaLand Ascott Trust Eyes S$0.92 Resistance for Next Bull Run

Technical Analysis (as of 13 Sep 2025) The chart shows a steady recovery in $CapLand Ascott T(HMN.SI)$ price since April 2025, forming a clear horizontal resistance band slightly above the S$0.90 level. Multiple attempts to break above this resistance (marked by circles) have occurred in 2024 and 2025, making S$0.91–0.92 a key breakout zone. The price is currently testing this resistance with higher volume, and a clear breakout could indicate further bullish momentum.

The 20, 40-day EMA, and 50-day SMAs are stacked bullishly above the 200-day MA, confirming a short-term uptrend.

Price has consistently found support near S$0.86 (major historical support zone).

The current structure suggests increasing accumulation and reduced volatility. Watch for a breakout with a decisive close above S$0.92 for confirmation of a trend reversal.

If unsuccessful, the S$0.86–0.87 levels likely remain as strong support.

CapitaLand Ascott Trust: Overview Largest Asia Pacific Lodging Trust: Asset value of S$8.8 billion as of June 2025.

  • Portfolio: 101 properties, 18,000+ units across 45 cities and 16 countries (Asia-Pac, Europe, US). Portfolio includes serviced residences, rental housing, student accommodation, and hospitality.

  • Brands: Properties managed under Ascott, Somerset, Quest, Citadines and other regional brands.

  • Income Profile: 66% of gross profit from stable income sources, 34% from growth.

  • Index Inclusion: Constituent of the FTSE EPRA Nareit Global Real Estate Index Series.

Key Financial Ratio (Extract from https://reitsavvy.com)

  • P/NAV = 0.82

  • DPU Yield = 6.6%

  • Gearing Ratio = 39.6%

  • ICR = 3.1x

  • GSTI Score = 112.1

Investment Consideration CLAS is supported by stable recurring income and a well-diversified asset base, with ongoing asset enhancements and divestment gains helping to maintain its payout policy despite a moderating global growth outlook. Bullish technical signals point to a possible breakout above the critical S$0.92 resistance, which could trigger a momentum-led rally if confirmed by volume

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Modify on 2025-09-15 11:17

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  • gleezy
    ·09-15
    Great analysis! Exciting times ahead! [Wow]
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