Dear readers, the Singapore stocks markets have been getting volatile, as with its regional and overseas counterparts. Against the aforementioned backdrop, the Singapore stocks markets have been oversold. And the following are the STI stocks which have in turn been oversold. 1) CapitaLand 2) City Development 3) DBS
Dear readers, let us take a look at these STI constituent stocks which are currently trading below their book values and hence are undervalued with a Price-to-Book ratio of less than 1.
Dear readers, the Singapore stocks have seen selling pressure in recent sessions. So much so that the Singapore stocks as measured by the STI is already Oversold. However despite the downward trend as experienced by many Singapore stocks, there are four STI stocks which seem oblivious to the recent downward trend.
Dear readers, a number of STI constituent stocks have now been oversold and this is to be expected amidst a more uncertain stocks markets backdrop. However, there is ONE STI stocks which has bucked the aforementioned trend as its stock prices remain overbought. Without further ado, let us take a look at this STI stocks which have remain overbought as of now.
Dear readers, heightened geo-political tensions returned to the global stocks markets last week. Beside the ongoing trade tension rows between the United States and China, there are also the developments related to Iran and North Korea.
Dear readers, there are some STI stocks which are still being Overbought. By the virtue of their RSI being above 70. Let us take a look at these Overbought STI stocks now.
Dear readers, there are eight STI constituent stocks which are Overbought now. Without further ado, let us take a look at the names of these eight stocks.
Dear readers, let us take a look at the STI constituent stocks which are Oversold right now. For the previous trading week, there is just one STI constituent stock which is Oversold. Would you want to know just what stock is it?
Dear readers, as expected, the Singapore stocks as measured by the STI is consolidating. But despite the above fact, there are still some STI constituent stocks which continue to be Overbought.
Dear readers, with the Singapore stocks markets currently being Overbought, it is no surprise that a number of STI constituent stocks are currently being Overbought as well too. In fact, there are thirteen STI constituent stocks now currently overbought and these stocks are:
Dear readers, let us take a look at the list of Singapore STI constituent stocks which are currently Oversold. There are just two of these Oversold STI stocks:
Dear readers, in one of my recent posts, I have highlighted that there is currently no STI constituent stocks for the previous week. And indeed, the STI ETF is still Overbought for two consecutive weeks and along with it, there exists really a good number of STI stocks which are currently Overbought.
Dear readers, the following is the list of Oversold STI constituent stocks as of the week ended 12 Apr 2019. Well, actually, for the second consecutive week, there is no Oversold STI stock for the week. The STI ETF which tracks the STI index is currently still Overbought and hence there exists really a good number of Overbought STI stocks currently.
Dear readers, there is a large number of STI stocks which are Overbought right now! Eleven of such STI stocks to be precise! Overbought as defined by the RSI of these stocks being >70%. While Overbought stock do not necessarily mean that the stocks will head south in price soon; it is still a useful metric for investors when considering whether they are paying a high price for the stocks they like.
Dear readers, let us take a look at the Oversold STI stocks for the week ended 5 Apr 2019. As usual, we will define “Oversold” in terms of RSI (of the stock) being lower than 30%.