Keppel Corporation HEFFX Highlights

Keppel Corporation HEFFX Highlights

Keppel Corporation Limited is an investment holding and management company. The Company, through its subsidiaries, is engaged in offshore oil-rig construction, shipbuilding, and ship repair and conversion; environmental engineering, power generation, logistics and data centers; property development and investment, and property fund management, and investments. The Company operates in four segments: Offshore & Marine, Infrastructure, Property and Investments. Its Offshore & Marine segment provides offshore rig design, construction, repair and upgrading, ship conversions and repair, and specialized shipbuilding. The Infrastructure segment is engaged in environmental engineering, power generation, and logistics and data centers. The Property segment is engaged in property development and investment, and property fund management. The Investments segment consists of its investments in KrisEnergy Limited, M1 Limited, k1 Ventures Ltd, among others.

Overall, the bias in prices is: Downwards.

Short term: Prices are moving.

Intermediate term: Prices are trending.

Note: this chart shows extraordinary price action to the downside.

The projected upper bound is: 6.32.

The projected lower bound is: 5.88.

The projected closing price is: 6.10.

KEPPEL CORPORATI closed down -0.020 at 6.100. Volume was 45% below average (neutral) and Bollinger Bands were 88% wider than normal.

OpenHighLowCloseVolume
6.136.146.16.11,692,700

Technical Outlook
Short Term: Oversold
Intermediate Term: Bearish
Long Term: Bearish

Moving Averages:10-period 50-period200-period
Close:6.286.486.38
Volatility:152125
Volume:2,891,5933,386,8873,324,065

Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.

Summary

KEPPEL CORPORATI is currently 4.4% below its 200-period moving average and is in an downward trend. Volatility is high as compared to the average volatility over the last 10 periods. Our volume indicators reflect very strong flows of volume out of KPLM.SI (bearish). Our trend forecasting oscillators are currently bearish on KPLM.SI and have had this outlook for the last 10 periods. Our momentum oscillator is currently indicating that KPLM.SI is currently in an oversold condition.

Momentum

Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.

Stochastic Oscillator

One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 5.5555. This is an oversold reading. However, a signal is not generated until the Oscillator crosses above 20 The last signal was a buy 13 period(s) ago.

Relative Strength Index (RSI)

The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 27.28. This is where it usually bottoms. 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 buy 3 period(s) ago.

Commodity Channel Index (CCI)

The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is -117.This is an oversold reading. However, a signal isn’t generated until the indicator crosses above -100. The last signal was a buy 13 period(s) ago.

MACD

The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a sell 17 period(s) ago.

Candlesticks

A black body occurred (because prices closed lower than they opened).
During the past 10 bars, there have been 3 white candles and 6 black candles for a net of 3 black candles. During the past 50 bars, there have been 25 white candles and 20 black candles for a net of 5 white candles.

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John Heffernan

John Heffernan is a Junior Analyst at HEFFX. John is studying Economics and is a contributor on equities at Live Trading News.

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