Dear readers, as at 22 November 2024 (yesterday), the Straits Times Index has 4 Overbought and 4 Oversold component stocks.
Two of the STI banking counters were among the Overbought STI stocks.
The Oversold STI stocks were composed of Reits and Trusts.
Let us take a look below.
Overbought STI stocks:
JMH stock
OCBC
SGX
UOB
Oversold STI stocks:
Capitaland Ascendas Reit
Frasers Logistics & Commercial Trust
Mapletree Logistics Trust
Mapletree PanAsia Commercial Trust