Dear readers, let us take a look at the Singapore Straits Times index stocks right now to look at which of them are Oversold, Overbought or neither Oversold nor Overbought.
There are five oversold Straits Times stocks (as shaded in blue): Capitacommercial Trust, ComfortDelgro, Golden Agriculture, Singtel and Dairy Farm International.
SPH is the only Straits Times Index stock which is Overbought. And for the rest of the Straits Times Index stock, they are neither Oversold nor Overbought.
Do not buy a stock just because it is Oversold. One must do enough due diligence on other aspects of the stock he is interested in.
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