STI STOCKS: NOTEWORTHY MOVES

Dear readers, the following is a list of STI constituent stocks which have made noteworthy moves for the previous trading week. As usual, we will be looking at the STI stocks which are either Overbought or Oversold based on RSI.

1) ComfortDelgro: Overbought

2) DBS: Overbought

3) Keppel Corp: Overbought

4) OCBC Bank: Overbought

5) SATS: Overbought

6) SGX: Overbought

7) SPH: Overbought

8) Thai Beverages: Overbought

9) UOB: Overbought

10) Wilmar: Overbought

As you could note from above, there is really a couple of STI constituent stocks which are Overbought. Thus it is not surprising that the STI ETF which tracks the STI is itself also Overbought too.

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