Dear readers, it is time once again to review the performance of the Straits Times Index (STI) stocks for the week ended 8 Dec 2023.
As usual, we will be doing a weekly screening on the STI stocks to find out just which of the STI stocks are Oversold and which are Overbought.
There is currently one overbought STI stock: Genting Singapore stock, which has a RSI of above 70.
There are no oversold STI stocks and that means to say that the remaining STI stocks are trading in a neutral RSI zone.
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!
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