Technical Analysis – 16 December 2022
United States | Singapore | Hong Kong
Unilever PLC (UL US)
- Shares closed at a high since February with rising volumes and rose above the 5dEMA.
- RSI is at an overbought level, while MACD remains negative.
- Long – Entry 51.3 Target 52.5 Stop 50.7
British American Tobacco PLC (BTI US)
- Shares crossed the 5dEMA with an increase in volume.
- RSI is constructive, while MACD remains negative.
- Long – Entry 41.1, Target 42.4 , Stop 40.5
Sheng Siong Group Ltd (OV8 SP)
- Shares closed at a high since August with rising volumes.
- RSI is constructive and MACD is positive.
- Long – Entry 1.650, Target 1.680, Stop 1.635
Genting Singapore Ltd (G13 SP)
- Shares closed at a high since April 2021 with high volumes and rose above the 5dEMA.
- RSI is at an overbought level and MACD is constructive.
- Long – Entry 0.920, Target 0.935, Stop 0.913
Yancoal Australia Ltd (3668 HK)
- Shares closed at a high since October staying above the 5dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 28.25, Target 30.55, Stop 27.10
CRRC Corp Ltd (1766 HK)
- Shares closed at a high since June with rising volumes.
- Both RSI is constructive, while MACD remains negative.
- Long – Entry: 3.20, Target: 3.26 Stop: 3.17
