Dear readers, as at 19 May 2023, there are five oversold Straits Times Index (STI) stocks which are oversold.
These five STI stocks are as follows:
DBS stock
Frasers Logistics and Commercial Trust
Mapletree Logistics Trust
Thai Beverages stock
Venture stock
Is it time to buy or invest in the above five STI stocks by virtue of them being oversold?
Well, based on my experience, it is not necessary true that oversold stocks will rebound next, and vice versa for overbought stocks: they may not necessary retreat in prices next.
Speaking of overbought stocks, there are also five overbought STI stocks as follows, as of 19 May 2023:
Jardine C&C stock
Keppel Corporation stock
SATS stock
Sembcorp Industries stock
SIA stock
That leaves the remaining STI stocks neither oversold nor overbought:
Capitaland Ascendas Reit
Capitaland Integrated Commercial Trust
Capitaland Investment stock
City Development stock
DairyFarm stock
Emperador stock
Genting Singapore stock
Hongkong Land stock
Jardine Matheson Holdings stock
Keppel DC Reit
Mapletree Industrial Trust
Mapletree Pan Asia Commercial Trust
OCBC stock
SGX stock
Singtel stock
ST Engineering stock
UOB stock
UOL stock
Wilmar International stock
YangZiJiang stock
That’s it for my insights today. I Thank you once again for your support of SG STOCKS INVESTING, your Money and Lifestyle magazine! I also run another blog Singapore Stocks Investing with similar useful insights! Connect with me here to follow the daily exciting and useful posts on these two blogs, Thank You for your support!
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