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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Thursday, October 22, 2009

Scan 21 Oct 09

Symbol TypeDateClose PriceVolume13 Day RSI
CHINA PRECISION TECHNOLOGY LTDOverbought10/21/20090.27538000073.91
EUROPTRONIC GROUP LTDOverbought10/21/20090.0966000072.9
FIRST REAL ESTATE INV TRUSTOverbought10/21/20090.7218000074.77
GOODPACK LIMITEDOverbought10/21/20091.15164000070.71
HOE LEONG CORPORATION LTD.Overbought10/21/20090.452134900071.09
METAL COMPONENT ENGG LTDOverbought10/21/20090.0770000082.85
OLAM INTERNATIONAL LIMITEDOverbought10/21/20092.81629400073.52
SEMBCORP MARINE LTDOverbought10/21/20093.54464800073.86
SINGAPORE TECH ENGINEERING LTDOverbought10/21/20092.96412800075.63
SP AUSNETOverbought10/21/20091.1742500077.21
SUPER COFFEEMIX MANUFACTURINGOverbought10/21/20090.6966800076.36
TAI SIN ELECTRIC LIMITEDOverbought10/21/20090.29192900073.83
TRUMP DRAGON DISTILLERS HLDGSOverbought10/21/20090.7551167800081.56
YONGMAO HOLDINGS LIMITEDOverbought10/21/20090.28511000074.03
COMBINE WILL INTL HLDGS LTDOversold10/21/20090.10520000025.44
GOLDTRON LIMITEDOversold10/21/20090.005101000023.13
SAMUDERA SHIPPING LINE LTDOversold10/21/20090.195200200012.69
SANTAK HOLDINGS LIMITEDOversold10/21/20090.15516600028.18
STARHUB LTDOversold10/21/20091.95941000029.08

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