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Thailand Stock Exchange Outlook

Technicals from Shayne Heffernan

The current value of the RSI is 70.36. This is where it usually tops. The RSI usually forms tops and bottoms before the underlying security. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a sell on Friday.

Technical Outlook
Short Term: Overbought
Intermediate Term: Bullish
Long Term: Bullish

SET Index is currently 19.7% above its 200-period moving average and is in an upward trend.

Volatility is high as compared to the average volatility over the last 10 periods.

Our volume indicators reflect volume flowing into and out of .SETI at a relatively equal pace (neutral).

Our trend forecasting oscillators are currently bullish on .SETI and have had this outlook for the last 57 periods. Our momentum oscillator is currently indicating that .SETI is currently in an overbought condition.

On 2/22/2013, SET Index closed below the upper band by 10.6%.

Bollinger Bands are 9.23% wider than normal.

Currently the MACD is bearish since it is trading below its signal line.The MACD crossed below its signal line 0 period(s) ago. Since the MACD crossed its moving average, SET Index’s price has been unchanged, and has ranged from a high of 1,542.900 to a low of 1,527.590.

SOUTHEAST ASIAN STOCK MARKETS
Change on day

 Market             Current     Prev Close    Pct Move
 TR SE Asia Index*   441.57        437.32       +0.97
 Singapore          3288.13       3287.60       +0.02
 Kuala Lumpur       1622.08       1614.05       +0.50
 Bangkok            1540.13       1528.74       +0.75
 Jakarta            4651.12       4632.40       +0.40
 Manila             6665.06       6667.41       -0.04
 Ho Chi Minh         477.69        476.73       +0.20

Change on year

 Market             Current     End prev yr    Pct Move
 TR SE Asia Index*   441.57        424.10       +4.12
 Singapore          3288.13       3167.08       +3.82
 Kuala Lumpur       1622.08       1688.95       -3.96
 Bangkok            1540.13       1391.93      +10.65
 Jakarta            4651.12       4316.69       +7.75
 Manila             6665.06       5812.73      +14.66
 Ho Chi Minh         477.69        413.73      +15.46
 * The Thomson Reuters South East Asia Index  .TRXFLDANPU is a
highly representative indicator of stocks listed in Indonesia,
Malaysia, the Philippines, Singapore, Thailand and Vietnam.

Stock Market Volume (shares)

 Market          Current Volume    Average Volume 30 days
 Singapore         261,181,500          272,313,503      
 Kuala Lumpur      157,445,700          153,380,167

 Bangkok            11,949,169           21,419,118      
 Jakarta         6,908,782,000        4,688,089,800    
 Manila                 96,501              116,305    
 Ho Chi Minh           107,354               81,098

Double Click to See the Chart

For Thai Investment information
Contact Linda Johnson,
Business Development Director – Private Client Group,
Heffernan Capital Management
Sales@Heffcap.com

Singapore

3 Raffles Place #07-01
Bharat Building Singapore 048617
Tel: +65 6329 6408
Fax: +65 6329 9699