RSI stands for Relative Strength Indicator. It is a technical momentum indicator that compares the magnitude of recent gains to recent losses in an attempt to determine overbought and oversold levels.

In this blog, I will provide list of Singapore Market Stocks based on

1. 13 Period RSI > 70 for overbought level.
2. 13 Period RSI < 30 for oversold level.
3. Volume traded > 100,000 shares.

One important thing to note is I am using freely available stock price information for computing the RSI indicator. The price information is not adjusted for stock dividends and split.

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Wednesday, February 4, 2009

Scan 4 Feb 09

Symbol TypeDateClose PriceVolume13 Day RSI
CREATIVE MASTER BERMUDA LTDOverbought4-Feb-090.0526000074.63
HENGXIN TECHNOLOGY LTD.Overbought4-Feb-090.20548300076.41
OKP HOLDINGS LIMITEDOverbought4-Feb-090.2667200079.91
STX PAN OCEAN CO. LTD.Overbought4-Feb-0911.4644870071.15
AVI-TECH ELECTRONICS LIMITEDOversold4-Feb-090.08590900016.31
BROADWAY INDUSTRIAL GROUP LTDOversold4-Feb-090.14524300026.35
C & O PHARM TECH (HLDGS) LTDOversold4-Feb-090.110500029.81
CHINA ERATAT SPORTS FASHIONLTDOversold4-Feb-090.07557000026.35
GOODPACK LIMITEDOversold4-Feb-090.67572700020.07
HARTAWAN HLDGS LTDOversold4-Feb-090.0420500028.96
INNOVALUES LIMITEDOversold4-Feb-090.0512000025.54
KIM ENG HOLDINGS LIMITEDOversold4-Feb-090.97113400027.89
LIPPO-MAPLETREEINDORETAILTRUSTOversold4-Feb-090.22242000022.13
MACARTHURCOOK PROP SEC FUNDOversold4-Feb-090.1219500013.72
MICRO-MECHANICS (HOLDINGS) LTDOversold4-Feb-090.231380003.38
SINO-ENVIRONMENT TECH GRP LTDOversold4-Feb-090.455161100029.46
UNITED FOOD HOLDINGS LIMITEDOversold4-Feb-090.0421200027.32
WESTECH ELECTRONICS LIMITEDOversold4-Feb-090.0230000028.88
WING TAI HLDGS LTDOversold4-Feb-090.6742300028.49

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