StarHub Ltd. HEFFX Highlights

StarHub Ltd. HEFFX Highlights

StarHub Ltd is a Singapore-based info-communications company. The Company engaged in operation and provision of telecommunications services and other businesses relating to the info-communications industry. The Company offers a range of information, communications and entertainment services for both consumer and corporate markets. It delivers Mobile, Pay television, Broadband, Fixed network services and equipment sales on an operationally integrated network. It operates a mobile network that provides fourth-generation (4G), third-generation (3G) and second-generation (2G) services. It also manages an islandwide Hybrid Fiber Coaxial (HFC) network that delivers television services and cable broadband services. The Company offers a range of home and business multimedia services and content.

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.

By the way, prices are vulnerable to a correction towards 1.78.
The projected upper bound is: 1.73.
The projected lower bound is: 1.49.
The projected closing price is: 1.61.

STARHUB LTD closed unchanged at 1.610. Volume was 87% above average (neutral) and Bollinger Bands were 150% wider than normal.

Open High Low Close Volume
1.610 1.620 1.600 1.610 4,469,300

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

Moving Averages: 10-period 50-period 200-period
Close: 1.74 1.77 1.81
Volatility: 75 43 37
Volume: 5,816,350 2,411,054 3,995,014

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
STARHUB LTD is currently 11.2% below its 200-period moving average and is in an downward 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 out of STAR.SI (mildly bearish). Our trend forecasting oscillators are currently bearish on STAR.SI and have had this outlook for the last 3 periods. The security price has set a new 14-period low while our momentum oscillator has not. This is a bullish divergence.

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.

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 9.6154. This is an oversold reading. However, a signal is not generated until the Oscillator crosses above 20 The last signal was a sell 7 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 31.44. 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 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 -91. This is not a topping or bottoming area. The last signal was a buy 0 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 5 period(s) ago.

Candlesticks
During the past 10 bars, there have been 1 white candles and 7 black candles for a net of 6 black candles. During the past 50 bars, there have been 13 white candles and 26 black candles for a net of 13 black 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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