Monday, May 09, 2016

RSI for KLCI stocks (updated)


A selldown in KLCI today : Updating the RSI-list of our index-linked counters .... for shopping purposes.

Note : RSI below 30 just means it is oversold and NOT an indicator to BUY.

3 4 5 6 9
RSI RSI RSI RSI RSI
KLCI 26.2 30.3 27 28.1 25.6
1 Ambank 44.6 50.3 45.9 48.4 43.5
2 Astro 31.5 38.4 34.1 36.3 35.1
3 Axiata 35 33.5 30.4 30 26.4
4 BAT 15.7 33.3 38.7 36 36.8
5 CIMB 37.4 46.2 45.2 45.2 47.1
6 Digi 21.2 20.7 20.3 23.7 23.7
7 GenM 46.4 53.8 43.5 44.2 39.4
8 Genting 37 36.7 34.9 35.9 34.1
9 HLBank 37.7 48.1 44.1 46.9 43.7
10 HLFG 49.2 48.7 46.5 44.7 42.1
11 IHH 28.2 46.2 42.6 45.3 43.1
12 IOICorp 37.1 36.2 28.1 32.2 25.0
13 KLCC 60.6 54.3 55.1 50.2 54.6
14 KLK 34.5 31 29.7 27.8 26.9
15 Maxis 19.8 20.9 19 25.3 20.4
16 Maybank 33.8 40 39.3 51.5 57.4
17 MISC 26.7 27.7 27.3 26.9 10.1
18 PBBank 34.2 51.2 45.6 52.6 55.6
19 PChem 42.3 38.6 29.5 22.1 13.7
20 PetDag 43.9 39.7 33.4 29 21.4
21 PetGas 46.9 46.2 44.3 38.4 25.7
22 PPB 41.2 39.1 27.7 30.5 30.5
23 RHBCap 49.7 46.6 43.7 43.7 38.2
24 Sime 37.5 44 39.6 39.6 35.8
25 SKPetrol 29.7 26.5 31.3 30.6 29.8
26 Tenaga 44.9 44.9 46 48.1 47.1
27 TM 57.2 47.6 47.6 43.4 38.0
28 UMW 37.1 36.4 33.2 32.3 30.3
29 WPRTS 54.7 55.6 51.5 53.3 49.3
30 YTL 37.5 40.3 38.4 41.4 39.3

From the list above, we could find 10 oversold stocks (of 30) ... so, we do need to see KLCI at 1620 and more than 15-oversold stocks to start buying. Yes ... buy in May and go away.

Note : I am very interested with MISC and PChem at the moment (refer to the table above). Trade at your own risk.

TEH

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