Sitemap
Singapore

ShareInvestor.com

Mobile Edition
Highlighted Companies
Mode - Streaming
Switch to Static Mode?

Price Highlight

Index Highlight

Chart
STI
3,227.5
24.8 (0.77%)

 

  • STI Straits Times Index
    3,227.5
    24.8 (0.77%)
     
  • KLCI FTSE Bursa Malaysia KLCI
    1,804.6
    8.4 (0.47%)
    Index delayed 15 minutes
  • HSI Hang Seng Index
    23,345.3
    -58.6 (-0.25%)
    Index delayed 15 minutes
  • SSE SSE Composite Index
    2,323.9
    -2.6 (-0.11%)
    Index delayed 15 minutes
  • N225 Nikkei 225
    15,116.0
    -79.7 (-0.52%)
    Index delayed 20 minutes
  • JCI Jakarta Composite Index
    5,071.5
    -2.9 (-0.06%)
    Index delayed 10 minutes

SGX Market

Bursa Market

  • Volume: 277.4M
  • Value: 290.6M
  • Rise: 140
  • Fall: 67
  • Unch: 933

Intraday Market Ticker Help

Intraday Market Ticker
Time Name Type Price Vol
  • Top Active

  • Top Gainer

  • Top Loser

Top Counters
Name Last Change
Singapore eDev0.001-
Spackman0.275-0.015
InnoPac0.009+0.001
SIIC Environment0.167+0.007
Metal Component0.083+0.002
SingTel3.750+0.060
MDR0.005-0.001
APAC Strategic0.059-
Ezion1.500+0.035
CapitaLand2.990+0.010

World Indices

World Indices
Name Last Change
DJIA 16,461.3 -153.5
DJIA Fut 16,425.0 -122.0
Nasdaq 4,382.9 -36.6
Nasdaq Fut 3,949.2 -22.2
S&P 500 1,927.1 -14.2
A Ord 5,370.2 -3.1
FBMKLCI 1,804.6 +8.3
HSI 23,350.3 -53.6
HSCEI 10,454.6 +27.7
Jakarta 5,074.4
Nikkei 225 15,117.1 -78.6
SSE Comp 2,324.0 -2.6
Shanghai A 2,433.0 -2.7
Shanghai B 258.2 -0.4
ShenZhen A 1,368.5 -6.2
ShenZhen B 962.3 -2.6
Taiwan W 9,106.3

Asian Indices delayed. US Indices updated twice daily at 7:30am and 7:30pm.

News - Detailed News Story

[Trading Central] China Minzhong Food Corp: the RSI is oversold

24 Apr 2012 08:46

Alternative scenario: the upside breakout of 0.966 would call for 1.012 and 1.039.

Short Term View
(Rise, Limited Rise, Consolidation, Limited Decline, Decline)
Decline
Change In Short Term View Limited Decline to Decline
Medium Term View
(Bullish, Range, Bearish)
Bearish
Change In Medium Term View Range to Bearish

Our pivot point is at 0.966.

Our preference: the downside prevails as long as 0.966 is resistance.

Alternative scenario: the upside breakout of 0.966 would call for 1.012 and 1.039.

Comment: the RSI is below 30. It could either mean that the stock is in a lasting downtrend or just oversold and therefore bound to retrace (look for bullish divergence in this case). The MACD is below its signal line and negative. The configuration is negative. Moreover, the share stands below its 20 and 50 day MA (respectively at 0.98 and 1.02). Finally, China Minzhong Food Corp has penetrated its lower daily Bollinger band (0.91).

Supports and resistances:
1.012 *
0.966 **
0.948
0.91 last
0.852
0.825 **
0.799 *


Click to view chart in actual size.

Disclaimer

Source: ShareInvestor Express
Disclaimer:

While reasonable efforts have been taken to ensure that the calculations performed by the features of this site are reliable, the features are provided on the basis that:-

  1. no liability is accepted for any errors or inaccuracies resulting from your use of these features;
  2. many of the data inputs (including share prices) are obtained from third party sources for which we assume no responsibility.