Technical Analysis – 6 April 2023
United States | Singapore | Hong Kong
UnitedHealth Group Inc. (UNH US)
- Shares rose above the 200dEMA, with constructive volume over the past week.
- MACD is positive, RSI is constructive.
- Long – Entry 506, Target 540, Stop 489
American Electric Power Company, Inc. (AEP US)
- Shares rose above the 200dEMA, with constructive volume over the past weeks.
- MACD is positive, RSI is constructive.
- Long – Entry 94.2, Target 98.2, Stop 92.2
Thai Beverage PCL (THBEV SP)
- Shares formed an inverted hammer pattern and closed above the 200dEMA with an increase in volume. The 5dEMA is about to cross the 50dEMA.
- Both RSI and MACD are constructive.
- Long – Entry 0.658, Target 0.700, Stop 0.637
Singapore Exchange Ltd (SGX SP)
- Shares closed at a high since September 2022, above the 5dEMA with a rise in volume.
- MACD is constructive, while RSI is at an overbought level.
- Long – Entry 9.50, Target 9.80, Stop 9.35
Semiconductor Manufacturing International Corp. (981 HK)
- Shares closed at a 52-weeks high with a surge in volume over the past few days.
- MACD is positive, RSI is at an “overbought” level.
- Long – Entry 20.7, Target 22.5, Stop 19.8
Jinxin Fertility Group Ltd (1951 HK)
- Shares closed above the 20dEMA today, with constructive volume over the past few days.
- MACD is positive, RSI is constructive.
- Long – Entry 5.55, Target 6.15, Stop 5.25
