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, December 14, 2011

Scan 13 Dec 11

Symbol TypeDateClose PriceVolume13 Day RSI
AEM HOLDINGS LTDOverbought12/13/20110.0551163700076.38
DARCO WATER TECHNOLOGIES LTDOverbought12/13/20110.06315500086.09
LEEDEN LIMITEDOverbought12/13/20110.5619200077.31
VIZ BRANZ LIMITEDOverbought12/13/20110.3412500083.45
ADDVALUE TECHNOLOGIES LTDOversold12/13/20110.05294000028.1
CHINA MINZHONG FOOD CORP LTDOversold12/13/20110.765220800029.61
DEBAO PROPERTY DEVELOPMENT LTDOversold12/13/20110.0757300015.37
FUXING CHINA GROUP LIMITEDOversold12/13/20110.06425400027.01
GMG GLOBAL LTDOversold12/13/20110.1181261600019.6
HANKORE ENVIRONMENT TEC GRPLTDOversold12/13/20110.036941800023.81
HO BEE INVESTMENT LIMITEDOversold12/13/20111.02537300018.85
HU AN CABLE HOLDINGS LTD.Oversold12/13/20110.103639200027.49
HYFLUX LTDOversold12/13/20111.155129800026.32
K1 VENTURES LIMITEDOversold12/13/20110.076101900020.38
K-REIT ASIAOversold12/13/20110.84566300029.26
LONGCHEER HOLDINGS LIMITEDOversold12/13/20110.06927100028.6
PARKWAYLIFE REITOversold12/13/20111.71188200028.59
RICKMERS MARITIMEOversold12/13/20110.29531000026.81
SINGAPORE POST LIMITEDOversold12/13/20110.945104900024.65
TEE INTERNATIONAL LIMITEDOversold12/13/20110.2330900027.98
WING TAI HLDGS LTDOversold12/13/20110.94267200014.68

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