Dear readers, the Singapore stock market benchmark indicator, the Straits Times Index (STI) is now oversold.
And with the overselling of the STI, 15 (or half) of the STI constituent stocks are now oversold. Let us take a look at this list of 15 oversold STI stocks as below.
Oversold STI stocks:
Capitaland Investment stock
Capitaland Integrated Commercial Trust
DairyFarm stock
Frasers Logistics and Commercial Trust
Hongkong Land stock
Jardine C&C stock
Mapletree Logistics Trust
Mapletree Pan Asia Commercial Trust
SATS stock
Sembcorp Industries stock
SGX stock
Singtel stock
ST Engineering stock
Thai Beverages stock
Wilmar International stock
There are no Overbought STI stocks and this means that the remaining 15 STI stocks are currently trading in a neutral RSI region as below.
STI stocks trading at a neutral RSI:
Capitaland Ascendas Reit
City Development stock
DBS stock
Emperador stock
Genting Singapore stock
Jardine Matheson Holdings stock
Keppel Corporation stock
Keppel DC Reit
Mapletree Industrial Trust
OCBC stock
SIA stock
UOB stock
UOL stock
Venture stock
YangZiJiang stock
While the overselling for 15 of the above STI stocks may represent an attractive buying opportunity for many, I believe that in the near term there will be more downsides to come for the stock markets, with development of the interest rate, inflation fears etc.
That’s it for my insights today. I Thank you once again for your support of SG STOCKS INVESTING, your Money and Lifestyle magazine! Connect with me here to follow the daily exciting and useful posts on these two blogs, Thank You for your support!
BINGE READ ALL POSTS!
Visit Home Page for more reads or Connect here!