Technical Analysis – 04 May 2023
United States | Singapore | Hong Kong
The Clorox Company (CLX US)
- Shares closed at a 52-week high, with a surge in volume.
- MACD is positive, RSI is at an “overbought” level.
- Long – Entry 174, Target 186, Stop 168
Colgate-Palmolive Company (CL US)
- Shares closed at a high since Aug 22, with constructive volume over the past week.
- MACD is positive, RSI is at an “overbought” level.
- Long – Entry 81.0, Target 85.0, Stop 79.0
Nanofilm Technologies International Ltd. (NANO SP)
- Shares rose and closed above the 20dEMA with an increase in volume.
- RSI is constructive, while MACD is negative.
- Long – Entry 1.55, Target 1.73, Stop 1.46
Singapore Technologies Engineering Ltd. (STE SP)
- Shares closed above the 20dEMA with rising volume. The 5dEMA is about to cross the 20dEMA.
- RSI is constructive, while MACD is negative.
- Long – Entry 3.64, Target 3.80, Stop 3.56
Fu Feng Group Ltd. (546 HK)
- Shares rose higher above the 5dEMA, with constructive volume over the past week.
- MACD is positive, RSI is constructive.
- Long – Entry 4.80, Target 5.20, Stop 4.60
MTR Corporation Ltd. (66 HK)
- Shares closed higher above the 5dEMA, with constructive volume over the past week.
- MACD is positive, RSI is constructive.
- Long – Entry 39.30, Target 42.30, Stop 37.80
