Your decision to trade in Singapore stock market is certainly smart. But
the benefits of trading here can be seen only when your investment starts
returning profits. Especially if you are a starter, you should catch up with
the basics of Singapore market.
From that perspective, you should
vitally know about STI-30. STI stands for Straits Times Index – which
is the index for Singapore Stock Exchange. So STI-30 is a table in which
those 30 top stocks have been listed which aptly influence the Straits Times
Index or STI.
Even the experts who closely watch the market and send stock picks based to
traders and investors pay special attention to STI-30. What are the prime
factors observed in this STI-30 table?
Ø It
has significant figure like Exponential
Moving Average which derived from the prices of a stock varying between 2
to 5 weeks.
Ø Then
there are 20 days, 50 days and 200 days crossover signals which are indicated
through A and B – here A denotes bullish
while B means bearish. Reading this part of the chart, traders can quickly
determine whether a stock is trading bullish
or bearish on a specific day and get hints about stock picks to!
Ø There
is also a section called ADX which is
Average Directional Index. ADX is
used to monitor the EMA crossover signals. As a handy hint for traders,
whenever ADX figure for a stock is 25 or above, it means there is a strong
trend and has good signs for traders. In contrast, any time the ADX reading is
below 20, stock is understood to be non-trending.
You can also use the STI-30 chart
as a tally alongside the stock picks
you are receiving from your service provider and financial advisory.
Source: {http://www.mmfsolutions.sg/blog/sti-30-stock-traders-know/}