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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Friday, October 2, 2009

Scan 1 Oct 09

Symbol TypeDateClose PriceVolume13 Day RSI
CHINA TAISAN TECH GRP HLDGSLTDOverbought10/1/20090.21707000072.49
CMZ HOLDINGS LTD.Overbought10/1/20090.215960200073.74
ECOWISE HOLDINGS LIMITEDOverbought10/1/20090.285814100073.05
EUROPTRONIC GROUP LTDOverbought10/1/20090.06560000084.4
HOE LEONG CORPORATION LTD.Overbought10/1/20090.27355600078.75
HONG LEONG ASIA LTD.Overbought10/1/20092.1344900072.01
POH TIONG CHOON LOGISTICS LTDOverbought10/1/20090.36136500070.26
RAFFLES MEDICAL GROUP LTDOverbought10/1/20091.3618400077.41
SINGAPORE REINSURANCE COR LTDOverbought10/1/20090.315447500072.58
SINGAPORE SHIPPING CORP LTDOverbought10/1/20090.31143000071.57
SP AUSNETOverbought10/1/20091.158900077.52
UNITED ENVIROTECH LTDOverbought10/1/20090.473600100074.33
FORTUNE REAL ESTATE INV TRUSTOversold10/1/20092.63516500025.28
GLOBAL YELLOW PAGES LIMITEDOversold10/1/20090.1764800029.81
OSIM INTERNATIONAL LTDOversold10/1/20090.43259700029.74
PASSION HOLDINGS LIMITEDOversold10/1/20090.215278800029.15
RICKMERS MARITIMEOversold10/1/20090.375190500028.02
STARHUB LTDOversold10/1/20092.033967500028.14
TRI-M TECHNOLOGIES (S) LTDOversold10/1/20090.629400016.25

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