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: Sideways.
Short term: Prices are stalling.
Intermediate term: Prices are trending.
The projected upper bound is: 2.77.
The projected lower bound is: 2.49.
The projected closing price is: 2.63.
SIA ENGINEERING closed unchanged at 2.630. Volume was 12% below average (neutral) and Bollinger Bands were 25% wider than normal.
Open High Low Close Volume 2.610 2.650 2.610 2.630 612,700
Short Term: Oversold
Intermediate Term: Bearish
Long Term: Bullish
Moving Averages: 10-period 50-period 200-period Close: 2.68 2.59 2.52 Volatility: 23 33 26 Volume: 1,096,810 1,027,300 582,175
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 4.3% above its 200-period moving average and is in an downward trend. Volatility is extremely low when compared to the average volatility over the last 10 periods. There is a good possibility that there will be an increase in volatility along with sharp price fluctuations in the near future. Our volume indicators reflect moderate flows of volume out of SIAE.SI (mildly bearish). Our trend forecasting oscillators are currently bearish on SIAE.SI and have had this outlook for the last 2 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 10.7144. This is an oversold reading. However, a signal is not generated until the Oscillator crosses above 20 The last signal was a buy 2 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 44.46. 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 sell 12 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 -94. This is not a topping or bottoming area. The last signal was a buy 0 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 sell 9 period(s) ago.
A white body occurred (because prices closed higher than they opened).
During the past 10 bars, there have been 1 white candles and 6 black candles for a net of 5 black candles. During the past 50 bars, there have been 15 white candles and 19 black candles for a net of 4 black candles.