SIA Engineering Company Limited is engaged in the provision of airframe maintenance and component overhaul services, the provision of line maintenance and technical ground handling services, fleet management program and investment holdings. The Company’s segments include repair and overhaul, and line maintenance. The repair and overhaul segment provides repair and overhaul services, which include scheduled routine maintenance and overhaul, specialized and non-routine maintenance, modification and refurbishment programs. Its Fleet management program encompasses fleet technical management and inventory technical management services, which include the provision of comprehensive engineering and MRO solutions that can be customized to provide maintenance support to airlines. The line maintenance segment provides aircraft certification and technical ground handling services, such as push-back and to wing, and the provision of aircraft ground support equipment and rectification work.
Overall, the bias in prices is: Upwards.
Short term: Prices are stalling.
Intermediate term: Prices are ranging.
By the way, prices are vulnerable to a correction towards 2.46.
The projected upper bound is: 2.56.
The projected lower bound is: 2.45.
The projected closing price is: 2.50.
SIA ENGINEERING closed down -0.020 at 2.500. Volume was 66% below average (consolidating) and Bollinger Bands were 67% narrower than normal.
Short Term: Neutral
Intermediate Term: Bullish
Long Term: Bearish
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.
SIA ENGINEERING is currently 5.9% below its 200-period moving average and is in an upward trend. Volatility is relatively normal as compared to the average volatility over the last 10 periods. Our volume indicators reflect volume flowing into and out of SIAE.SI at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bullish on SIAE.SI and have had this outlook for the last 32 periods.
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.
One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 55.5556. This is not an overbought or oversold reading. The last signal was a sell 1 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 53.41. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a buy 53 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 25. This is not a topping or bottoming area. The last signal was a sell 2 period(s) ago.
The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a buy 3 period(s) ago.
A black body occurred (because prices closed lower than they opened).
During the past 10 bars, there have been 3 white candles and 4 black candles for a net of 1 black candles. During the past 50 bars, there have been 22 white candles and 18 black candles for a net of 4 white candles.