Right Timing

Right Timing

Right timing: Upside momentum intact for STI and blue chips

SINGAPORE (June 21): Here are three charts for our technical analysis this week:

STI with moving averages and momentum

Right Timing

Right timing: Downwards drift continues despite oversold readings

(May 31): With the break below the 200-day moving average at 3,180 caused the decline by the Straits Times Index to quicken. Support stays at Jan low of 3,012.

Right Timing

Right timing: Downwards drift continues despite oversold readings

SINGAPORE (May 24): The decline by Straits Times index slowed during the past five trading sessions.

Despite this, the index slipped below the 200-day moving average currently at 3,183.

Right Timing

Right timing: STI reaches support, decline to slow

SINGAPORE (May 18): The Straits Times index 68 points or just 2% over the past five trading sessions compared with a decline of 3.5% in the previous week.

Right Timing

STI retreats towards 3,220

SINGAPORE (May 11): The Straits Times index retreated 119 points or 3.5% over the past five sessions, taking it below the 50-day moving average currently at 3,277.

Right Timing

Right timing: STI approaches resistance

SINGAPORE (May 4): The STI’s uptrend remains intact. However signs are emerging of fatigue. The index tested 3,400, a psychological resistance and retreated.

Right Timing

Right timing: STI’s upclimb supported by momentum and moving averages

SINGAPORE (Apr 20): There has been little change in the trend and chart pattern of the Straits Times Index.

Right Timing

Right timing: STI upclimb supported by momentum and moving averages

(Apr 12): The Straits TImes Index is likely to continue its gradual ascent towards 3,420, the target indicated when the index broke out of resistance at 3,190 in mid-Jan.

Right Timing

Right timing: STI upclimb supported by momentum and moving averages

SINGAPORE (Aug 6): The Straits TImes Index managed to break above its 50-day average decisively at 3,223. in the meantime, the 100- and 200-day moving averages are poised for a positive cross.

Be informed of the stories that matter

Subscribe

Be informed of the stories that matter