WHICH STI STOCKS ARE OVERSOLD NOW?
Dear readers,
let us take a look at the STI constituent stocks to see which of these are oversold based of RSI below 30 now. As illustrated by the stocks heatmap above, there are basically two groups of STI stocks: one in purple and one in blue. The blue group of stocks are STI constituent stocks which are neither oversold nor overbought; that is they are in a neutral RSI zone. The purple group of stocks are STI constituent stocks which are overbought. Hence, as we can note, there is no oversold STI constituent stocks as of now. And it could be simply due to the STI making a rebound ever since its corrections in October 2018.
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