Dear readers, as of 19 Jul 2024, there are 5 Straits Times Index (STI) stocks which are Overbought and One STI stock which is Oversold.
The five Overbought STI stocks are:
Overbought:
Mapletree Industrial Trust
SATS
Singtel
ST Engineering
Thai Beverages
The one Oversold STI stock is:
Oversold:
Jardine C&C
Jardine C&C stock is down almost 25% in the past one year but this does not mean investors should jump in right now. There is a possibility for investors to “catch a falling knife”. Investors must always do their own due diligence when it comes to investments.