Dear readers, let us take a look at the Oversold Straits Times Index (“STI”) stocks right now.
Based on the stocks map above, the Oversold STI stocks are shaded in Green. There are four Oversold STI stocks and they are:
1)Golden Agriculture
2)SIA
3)Sembcorp Industries
4)ST Engineering
On the converse, there are two Overbought stocks as shaded in yellow and they are:
1)CapitaCommerical Trust
2)City Development
As usual, Oversold STI stocks are not necessary stocks which offer an attractive buying opportunity. Lower prices may get lower and the fundamentals of the stocks is really a very important consideration. However, tracking the “Oversold-ness” of STI stocks will give investors additional insights where it comes to investing.
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