Buyers supporting price and building for a move into new highs

Potential Buy Entry Alert NSR

 

Time Frame : Daily/Weekly

Sector : Real Estate/Rental and Leasing Services

Key Stats : $970.05 Million Market Cap, ASX Ranking 245, 4 Week Av Turnover $2,400,777, Div Yield 5.53%.

Company Overview : National Storage REIT (NSR) is a self-storage owner/operator. NSR has 116 Storage centers under operation or management which provides tailoring storage solutions to 40000 customers across Australia and New Zealand. NSR now manages over 65,400 storage units across approximately 622,000 sqm. They are offering spans self-storage, business storage, records management, climate-controlled wine storage, vehicle storage, vehicle and trailer hire, packaging, insurance and other value-added services.

Broker Consensus : Hold

 

NSR –  National Storage Reit

NSR is showing some long term strength as buyers support price up around highs. We are watching now for a small squeeze on buyers for a secondary move lower and then buyers to step in to build the higher low and buy entry setup.

 

Stock Code : NSR – National Storage Reit

Company Website : www.nationalstorage.com.au

Current Price : 1.735

Status : On watch for higher low buy entry setup