Singapore - Straits Ti (SINGAPO.NDX)
Close: 3 955.93 (-12.92), Apr 2, 2025
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Liquidity risk: | Volatility risk: |
Short term
Investors have paid higher prices over time to buy Singapore - Straits Times and the index is in a rising trend channel in the short term. Rising trends indicate that the market experiences positive development and that buy interest among investors is increasing. The index is approaching support at 3930 points, which may give a positive reaction. However, a break downwards through 3930 points will be a negative signal. RSI is above 70 after a good price increase the past weeks. The index has strong positive momentum and further increase is indicated. However, particularly for big stocks, high RSI may be a sign that the stock is overbought and that there is a chance of a reaction downwards. The index is overall assessed as technically positive for the short term. Recommendation one to six weeks:
Medium term
Singapore - Straits Times is in a rising trend channel in the medium long term. This shows that investors over time have bought the index at higher prices and indicates good development for the market. There is no resistance in the price chart and further rise is indicated. In case of a negative reaction, the index has support at approximately 3820 points. The index is assessed as technically positive for the medium long term. Recommendation one to six months:
Long term
Singapore - Straits Times is in a rising trend channel in the long term. This shows that investors over time have bought the index at higher prices and indicates good development for the market. There is no resistance in the price chart and further rise is indicated. In case of a negative reaction, the index has support at approximately 3400 points. The index is assessed as technically positive for the long term. Recommendation one to six quarters:
Period |
Vol.bal. |
Volatility |
Liquidity |
+/- % |
1 day | - | 0.50% | 0.00 | -0.33% |
5 days | 20.23 | 1.71% | 241.95 | +0.04% |
22 days | -21.82 | 4.39% | 286.74 | +1.31% |
66 days | -2.52 | 8.26% | 241.72 | +4.30% |
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