Dear readers, let's find out which of the STI constituent stocks are currently oversold. First, Keppel Corp stock which closed at $7.58 on 8 Jun 18. The 200-Days-Moving-Average for the stock is around $7.48 and let us see whether a longer-term downtrend for Keppel Corp stock will set in when its price goes below the 200-Days-Moving-Average.
Up next, SATS stock which has just reached Oversold in term of RSI (at 30). Talking about 200-Days-Moving-Average, SATS is just sitting on this Average, again we should see whether SATS stock price goes below this Average for a longer-term downtrend.
Other Oversold stocks include: SGX, Singtel, Starhub and UOB.
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