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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Monday, February 9, 2009

Scan 9 Feb 09

Symbol TypeDateClose PriceVolume13 Day RSI
IPC CORPORATION LIMITEDOverbought9-Feb-090.0731000071.35
OKP HOLDINGS LIMITEDOverbought9-Feb-090.29546500085.63
REYOUNG PHARM HOLDINGS LIMITEDOverbought9-Feb-090.1165300073.52
SILVERLAKE AXIS LTDOverbought9-Feb-090.125177400071.9
STRAITS TRADING CO. LTDOverbought9-Feb-094.9910400081.6
CDL HOSPITALITY TRUSTSOversold9-Feb-090.51591500021.06
EASTERN ASIA TECHNOLOGY LTDOversold9-Feb-090.0313300012.29
FIRST SHIP LEASE TRUSTOversold9-Feb-090.439300029.34
FOOD EMPIRE HOLDINGS LIMITEDOversold9-Feb-090.2718600019.7
GALLANT VENTURE LTD.Oversold9-Feb-090.11685000028.67
HONGGUO INTL HOLDINGS LIMITEDOversold9-Feb-090.15549500024.01
HUPSTEEL LTDOversold9-Feb-090.1372000023.5
LIPPO-MAPLETREEINDORETAILTRUSTOversold9-Feb-090.19523700017.94
MICRO-MECHANICS (HOLDINGS) LTDOversold9-Feb-090.231850003.38
OCEAN SKY INTERNATIONAL LTDOversold9-Feb-090.0712000029.7
PAN HONG PROPERTY GROUP LTDOversold9-Feb-090.16513100010.87
TECHNICS OIL & GAS LIMITEDOversold9-Feb-090.34526000022.42
UNION STEEL HOLDINGS LIMITEDOversold9-Feb-090.07515000020.48
YOUCAN FOODS INTERNATIONAL LTDOversold9-Feb-090.11528000020.67

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