Moses Singapore Stock Analysis | S68 SINGAPORE EXCHANGE LIMITED and Bollinger Bands and Moving Averages | AmiBrokerAcademy.com

May 25, 2017

Singapore Stock Analysis – Stock Stories

 

S68 SINGAPORE EXCHANGE LIMITED and Bollinger Bands and Moving Averages

Study Singapore Exchange stock chart, see the analysis below.

Bollinger Bands:

SINGAPORE EXCHANGE LIMITED, S68 has closed below the lower band of Bollinger bands.

Price action has broken the lower band, so a continue downside breakout is possible, the most likely scenario for SINGAPORE EXCHANGE stock price is to continue momentum until the price action close inside the lower band.

The current width is consider narrower as compare to the wide range. For narrow width of the bands suggests low volatility. Therefore, the probability of volatility increasing with a sharp price move has increased for the near-term.

The bands have been in this narrow range for 8 bars.

 

 

Price Action and Moving Averages:

S68, SINGAPORE EXCHANGE has closed below its 20 period moving average
.
20 period MA is currently above 100 period MA, and both MAs above 50 period MA.

The price action and moving averages is neutral in short-term, and neutral in mid-long term.

 

Trade with your own risk, and trade with open eyes.

 

May 23, 2018 Singapore Exchange and Moving Average and Bollinger Bands

Moses

AmiBrokerAcademy.com

Disclaimer

The above result is for illustration purpose. It is not meant to be used for buy or sell decision. We do not recommend any particular stocks. If particular stocks of such are mentioned, they are meant as demonstration of Amibroker as a powerful charting software and MACD. Amibroker can program to scan the stocks for buy and sell signals.

These are script generated signals. Not all scan results are shown here. The MACD signal should use with price action. Users must understand what MACD and price action are all about before using them. If necessary you should attend a course to learn more on Technical Analysis (TA) and Moving Average Convergence Divergence, MACD.

Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here. It should be used as learning aids only and if you decide to trade real money, all trading decision should be your own.