Dear readers, let us take a look at the Oversold and Overbought Straits Times Index (STI) stocks as of last trading week (i.e. as of 9 Jul 2021).
We have one Overbought STI stock.
This stock, with a RSI of above 70 is none other than Frasers Logistics and Commercial Trust.
There are three Oversold STI stocks and they are:
Genting Singapore stock,
Hongkong Land stock, and
Thai Beverages stock
The STI may be inching up slowly but there are no clear positive catalysts for Singapore stocks in the near term.
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!
BINGE READ ALL POSTS!
Visit Home Page for more reads or Connect here!