Singapore Airlines Ltd. (SGX:C6L) Phishing Scams

Singapore Airlines Ltd. (SGX:C6L) Phishing Scams

Singapore Airlines Ltd. (SGX:C6L) Phishing Scams

  • If you have received an e-mail telling you that Singapore Airlines is giving away free tickets for its 70th anniversary, be on your guard.
  • Scammers have been phishing for users’ personal data this way since Thursday (Aug 24), an SIA spokesman told The Straits Times on Saturday.
  • “We have had a couple of members of the public informing us of this e-mail scam since Thursday,” said the spokesman. “We explained that the message is not from Singapore Airlines and that the public should ignore it.”
  • SIA posted an advisory on its website and on its social media platforms on Friday, warning customers about the scam.

Singapore Airlines Limited is engaged in passenger and cargo air transportation, engineering services, training of pilots, air charters and tour wholesaling and related activities. The Company’s segments include airline operations, engineering services, cargo operations and Others. The airline operations segment provides passenger air transportation. The engineering services segment is in the business of providing airframe maintenance and overhaul services, line maintenance, technical ground handling services and fleet management. The engineering services segment also manufactures aircraft cabin equipment, refurbishes aircraft galleys; provides technical and non-technical handling services, and repairs and overhauls hydro-mechanical aircraft equipment. The cargo operations segment is involved in air cargo transportation and related activities. The Others segment includes other services provided by the Company, such as the training of pilots, air charters and tour wholesaling.

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 10.30.

The projected upper bound is: 10.68.

The projected lower bound is: 10.17.

The projected closing price is: 10.43.

SIA LTD closed down -0.080 at 10.420. Volume was 33% below average (neutral) and Bollinger Bands were 31% narrower than normal.

Open      High      Low      Close      Volume
10.550      10.550      10.400      10.420       854,000

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

Moving Averages: 10-period      50-period       200-period
Close:      10.51      10.26      10.04
Volatility:      22      16     18
Volume:      1,069,450      1,182,118       1,300,177

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

SIA LTD is currently 3.8% above its 200-period moving average and is in an upward trend. Volatility is extremely high when compared to the average volatility over the last 10 periods. There is a good possibility that volatility will decrease and prices will stabilize in the near term. Our volume indicators reflect moderate flows of volume into SIAL.SI (mildly bullish). Our trend forecasting oscillators are currently bullish on SIAL.SI and have had this outlook for the last 38 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.

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 36.1703. This is not an overbought or oversold reading. The last signal was a sell 10 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 49.63. 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 10 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 -103.This is an oversold reading. However, a signal isn’t generated until the indicator crosses above -100. The last signal was a buy 1 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 7 period(s) ago.

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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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