Dear readers, there are currently five Straits Times Index (STI) stocks which are overbought.
Each of these STI stocks is trading at a RSI of above 70.
Without further ado, these five overbought STI stocks are:
DBS stock
SATS stock
ST Engineering stock
Venture stock
Wilmar International stock
As always, overbought stocks do not mean that they are poised to head down soon. But in an environment when stock markets are volatile and generally bearish, these overbought Straits Times Index (STI) stocks seem to have been much hyped up.
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