Dear readers, with the recent stock markets volatilities, there are seven Straits Times Index (STI) stocks which have been oversold (i.e. each having a RSI of below 30). These seven STI stocks are:
ComfortDelgro stock
DairyFarm stock
Hongkong Land stock
Jardine Matheson Holdings stock
OCBC stock
SATS stock
UOL stock
Are the above STI stocks cheap on virtue of them being oversold now? I would not think so, as with the current developments, stocks should be heading even lower.
The remaining STI stocks are currently trading in a neutral zone and there are no overbought STI stocks.
Ascendas Reit
Capitaland Invest stock
Capitaland Integrated Commercial Trust
City Development stock
DBS stock
Frasers Logistics and Commercial Trust
Genting Singapore stock
Jardine C&C stock
Keppel Corporation stock
Keppel DC Reit
Mapletree Commercial Trust
Mapletree Industrial Trust
Mapletree Logistics Trust
Sembcorp Industries stock
SGX stock
SIA stock
Singtel stock
ST Engineering stock
Thai Beverages stock
UOB stock
Venture stock
Wilmar International stock
YangZiJiang stock
- OVERBOUGHT AND OVERSOLD LARGE CAP US STOCKS
- STARBUCKS STOCK CRASH ON 1 MAY 24
- KEPPEL STOCK: PRICE TREND AS EXPECTED!
- HOW MALAYSIA STOCK MARKETS PERFORM COMPARED TO SINGAPORE STOCK MARKETS?
- MY VERDICT OF THE 50 CENTS COFFEE
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