| Symbol | Type | Date | Close Price | Volume | 13 Day RSI |
|---|---|---|---|---|---|
| ADAMPAK LIMITED | Overbought | 3/2/2010 | 0.245 | 475000 | 70.21 |
| AEI CORPORATION LTD | Overbought | 3/2/2010 | 0.195 | 2072000 | 88.1 |
| BRIGHT WORLD PRECISION MAC LTD | Overbought | 3/2/2010 | 0.205 | 1813000 | 78.41 |
| ELEC & ELTEK INT CO LTD | Overbought | 3/2/2010 | 2.2 | 134000 | 78.33 |
| ENG KONG HOLDINGS LIMITED | Overbought | 3/2/2010 | 0.27 | 282000 | 70.94 |
| GOODPACK LIMITED | Overbought | 3/2/2010 | 1.48 | 4108000 | 71.38 |
| GP INDUSTRIES LIMITED | Overbought | 3/2/2010 | 0.435 | 568000 | 78.99 |
| HTL INT'L HOLDINGS LIMITED | Overbought | 3/2/2010 | 0.655 | 1775000 | 80.41 |
| INNO-PACIFIC HOLDINGS LTD | Overbought | 3/2/2010 | 0.02 | 800000 | 92.71 |
| INNOTEK LIMITED | Overbought | 3/2/2010 | 0.44 | 2719000 | 72.84 |
| NERATELECOMMUNICATIONS LTD | Overbought | 3/2/2010 | 0.355 | 220000 | 70.98 |
| OSIM INTERNATIONAL LTD | Overbought | 3/2/2010 | 0.76 | 2825000 | 70.92 |
| SARIN TECHNOLOGIES LTD | Overbought | 3/2/2010 | 0.475 | 8124000 | 71.76 |
| SHANGHAI TURBO ENTERPRISES LTD | Overbought | 3/2/2010 | 0.08 | 1126000 | 78.79 |
| SWING MEDIA TECHNOLOGY GRP LTD | Overbought | 3/2/2010 | 0.07 | 21715000 | 71.03 |
| TECHCOMP (HOLDINGS) LIMITED | Overbought | 3/2/2010 | 0.445 | 1029000 | 80.71 |
| TEXCHEM-PACK HOLDINGS (S) LTD. | Overbought | 3/2/2010 | 0.125 | 214000 | 72.14 |
| UMS HOLDINGS LIMITED | Overbought | 3/2/2010 | 0.185 | 225000 | 71.03 |
| BRC ASIA LIMITED | Oversold | 3/2/2010 | 0.14 | 227000 | 25.64 |
| CHINA HU AN CABLE HOLDINGS LTD | Oversold | 3/2/2010 | 0.365 | 3952000 | 28.57 |
| CHINA SPORTS INTL LIMITED | Oversold | 3/2/2010 | 0.14 | 28784000 | 24.09 |
| COSMOSTEEL HOLDINGS LIMITED | Oversold | 3/2/2010 | 0.31 | 411000 | 24.16 |
| DEL MONTE PACIFIC LIMITED | Oversold | 3/2/2010 | 0.375 | 198000 | 24.75 |
| GENTING SINGAPORE PLC | Oversold | 3/2/2010 | 0.87 | 196940000 | 24.38 |
| HONGWEI TECHNOLOGIES LIMITED | Oversold | 3/2/2010 | 0.22 | 487000 | 25.84 |
| LOTTVISION LIMITED | Oversold | 3/2/2010 | 0.045 | 190000 | 28.86 |
| PENGUIN INTERNATIONAL LIMITED | Oversold | 3/2/2010 | 0.13 | 553000 | 28.25 |
| SIN HENG HEAVY MACHINERY LTD | Oversold | 3/2/2010 | 0.26 | 12570000 | 22.24 |
| SUNVIC CHEMICAL HOLDINGS LTD | Oversold | 3/2/2010 | 0.14 | 430000 | 25.09 |
| TT INTERNATIONAL LIMITED | Oversold | 3/2/2010 | 0.03 | 555000 | 23.28 |
Tuesday, March 2, 2010
Scan 2 Mar 10
RSI Introduction
The relative strength indicator (RSI) was developed by Welles Wilder. It is a momentum indicator that measures the relative internal strength of a security against itself.
RSI is computed based on the formula
RSI = 100 – 100/(1+RS)
Where
RS = (Average of x days up close)/(Average of x days’ down close)
The default time span recommended by Wilder is 14 days. This is based on the 28 day lunar cycle.
For 14 day RSI, the oversold level is traditionally set at 30 whereas the overbought level is set at 70.
The 14 day RSI is usually adequate for short term trading.
RSI can also be performed on weekly or monthly data. This is usually done for long term trades.
RSI is computed based on the formula
RSI = 100 – 100/(1+RS)
Where
RS = (Average of x days up close)/(Average of x days’ down close)
The default time span recommended by Wilder is 14 days. This is based on the 28 day lunar cycle.
For 14 day RSI, the oversold level is traditionally set at 30 whereas the overbought level is set at 70.
The 14 day RSI is usually adequate for short term trading.
RSI can also be performed on weekly or monthly data. This is usually done for long term trades.
Monday, March 1, 2010
Scan 1 Mar 10
| Symbol | Type | Date | Close Price | Volume | 13 Day RSI |
|---|---|---|---|---|---|
| ADAMPAK LIMITED | Overbought | 3/1/2010 | 0.245 | 1830000 | 70.21 |
| AEI CORPORATION LTD | Overbought | 3/1/2010 | 0.195 | 4911000 | 88.1 |
| ARMSTRONG INDUSTRIAL CORP LTD | Overbought | 3/1/2010 | 0.275 | 1166000 | 74.76 |
| BRIGHT WORLD PRECISION MAC LTD | Overbought | 3/1/2010 | 0.195 | 743000 | 73.57 |
| COMBINE WILL INTL HLDGS LTD | Overbought | 3/1/2010 | 0.125 | 615000 | 77.02 |
| GP INDUSTRIES LIMITED | Overbought | 3/1/2010 | 0.445 | 206000 | 89.54 |
| HTL INT'L HOLDINGS LIMITED | Overbought | 3/1/2010 | 0.655 | 2071000 | 80.41 |
| INNO-PACIFIC HOLDINGS LTD | Overbought | 3/1/2010 | 0.02 | 970000 | 92.71 |
| JAYA HOLDINGS LTD | Overbought | 3/1/2010 | 0.695 | 7724000 | 72.95 |
| NERATELECOMMUNICATIONS LTD | Overbought | 3/1/2010 | 0.355 | 189000 | 70.98 |
| NEW TOYO INT HLDGS LTD | Overbought | 3/1/2010 | 0.235 | 755000 | 72.04 |
| OSIM INTERNATIONAL LTD | Overbought | 3/1/2010 | 0.775 | 5728000 | 75.1 |
| SOILBUILD GROUP HOLDINGS LTD | Overbought | 3/1/2010 | 1.17 | 200000 | 72.52 |
| SOUTHERN PACKAGING GROUP LTD | Overbought | 3/1/2010 | 0.135 | 406000 | 80.83 |
| SP AUSNET | Overbought | 3/1/2010 | 1.21 | 506000 | 74.92 |
| SUNSHINE HOLDINGS LIMITED | Overbought | 3/1/2010 | 0.09 | 434000 | 73.53 |
| TECHCOMP (HOLDINGS) LIMITED | Overbought | 3/1/2010 | 0.445 | 156000 | 80.71 |
| TRUMP DRAGON DISTILLERS HLDGS | Overbought | 3/1/2010 | 0.845 | 1591000 | 70.52 |
| ZHONGGUO PENGJIE FABRICS LTD | Overbought | 3/1/2010 | 0.19 | 133000 | 75.1 |
| CHINA HU AN CABLE HOLDINGS LTD | Oversold | 3/1/2010 | 0.365 | 770000 | 28.57 |
| COSMOSTEEL HOLDINGS LIMITED | Oversold | 3/1/2010 | 0.325 | 699000 | 26.83 |
| DEVOTION ENERGY GROUP LIMITED | Oversold | 3/1/2010 | 0.06 | 110000 | 16.98 |
| EUCON HOLDING LIMITED | Oversold | 3/1/2010 | 0.025 | 240000 | 10.1 |
| GENTING SINGAPORE PLC | Oversold | 3/1/2010 | 0.91 | 133073000 | 28.01 |
| HI-P INTERNATIONAL LIMITED | Oversold | 3/1/2010 | 0.65 | 151000 | 29.02 |
| PENGUIN INTERNATIONAL LIMITED | Oversold | 3/1/2010 | 0.13 | 15844000 | 28.25 |
| SIN HENG HEAVY MACHINERY LTD | Oversold | 3/1/2010 | 0.27 | 27090000 | 24.09 |
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