ADM-201 dumps 70-533 answer analysis 70-347 study material 400-051 exam kit

Singapore: STI Index (.STI) retreating 4.12 points or 0.1 per cent

Singapore: STI Index (.STI) retreating 4.12 points or 0.1 per cent

SINGAPORE stocks ended lower on Monday, with the Straits Times Index retreating 4.12 points or 0.1 per cent to 3,293.71.

Losers outnumbered gainers 200 to 191, with about 1.66 billion shares worth S$956.6 million changing hands.

The global forecast for the Asian markets is flat to lower amid concerns over interest rates and stalled crude oil prices. The European and U.S. markets were slightly lower Friday and the Asian markets figure to follow suit.

The STI finished modestly higher on Friday following gains from the financials, properties and industrials.

Overall, the bias in prices is: Downwards.

The projected upper bound is: 3,363.66.

The projected lower bound is: 3,213.01.

The projected closing price is: 3,288.33.

Candlesticks

A black body occurred (because prices closed lower than they opened).
During the past 10 bars, there have been 6 white candles and 4 black candles for a net of 2 white candles. During the past 50 bars, there have been 22 white candles and 26 black candles for a net of 4 black candles.

A long lower shadow occurred. This is typically a bullish signal (particularly when it occurs near a low price level, at a support level, or when the security is oversold).

A spinning top occurred (a spinning top is a candle with a small real body). Spinning tops identify a session in which there is little price action (as defined by the difference between the open and the close). During a rally or near new highs, a spinning top can be a sign that prices are losing momentum and the bulls may be in trouble.

Momentum Indicators

Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.

Stochastic Oscillator

One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 93.9305. This is an overbought reading. However, a signal is not generated until the Oscillator crosses below 80 The last signal was a sell 6 period(s) ago.

Relative Strength Index (RSI)

The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 50.62. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a buy 10 period(s) ago.

Commodity Channel Index (CCI)

The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is 142.This is an overbought reading. However, a signal isn’t generated until the indicator crosses below 100. The last signal was a buy 9 period(s) ago.

MACD

The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a buy 13 period(s) ago.

Rex Takasugi – TD Profile

STRAITS TIMES closed down -4.120 at 3,293.710. Volume was 29% below average (neutral) and Bollinger Bands were 50% narrower than normal.

Open High Low Close Volume___
3,294.5203,297.9403,278.1403,293.710 177,514,080

Technical Outlook
Short Term: Overbought
Intermediate Term: Bullish
Long Term: Bearish

Moving Averages: 10-period 50-period 200-period
Close: 3,261.93 3,365.60 3,438.36
Volatility: 13 14 14
Volume: 223,364,320 273,820,672 239,602,320

Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.

Summary

STRAITS TIMES is currently 4.2% below its 200-period moving average and is in an upward trend. Volatility is relatively normal as compared to the average volatility over the last 10 periods. Our volume indicators reflect volume flowing into and out of .STI at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bullish on .STI and have had this outlook for the last 1 periods.