StarHub Ltd. (SGX:CC3) HEFFX Highlights
- StarHub and Nielsen tie up to bolster audience profiling for advertisers
- Starhub Sports will provide live TV coverage in Singapore
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 stalling.
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 1.86.
The projected upper bound is: 1.80.
The projected lower bound is: 1.63.
The projected closing price is: 1.72.
STARHUB LTD closed down -0.024 at 1.719. Volume was 100% below average (consolidating) and Bollinger Bands were 32% narrower than normal.
Open High Low Close Volume
1.719 1.719 1.719 1.719 0
Short Term: Oversold
Intermediate Term: Bearish
Long Term: Bearish
Moving Averages: 10-period 50-period 200-period
Close: 1.75 1.83 1.99
Volatility: 26 29 33
Volume: 0 0 22
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.
STARHUB LTD gapped down today (bearish) on light volume. Possibility of a Common Gap which usually coincides with a lack of interest in the security. Common Gaps are fairly irrelevant for forecasting purposes. Four types of price gaps exist – Common, Breakaway, Runaway, and Exhaustion. Gaps acts as support/resistance.
STARHUB LTD is currently 13.6% below 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 very strong flows of volume into RYT.SG (bullish). Our trend forecasting oscillators are currently bearish on RYT.SG and have had this outlook for the last 28 periods. The security price has set a new 14-period low while our momentum oscillator has not. This is a bullish divergence.
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 3.4483. This is an oversold reading. However, a signal is not generated until the Oscillator crosses above 20 The last signal was a sell 3 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 37.09. 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 84 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 -145.This is an oversold reading. However, a signal isn’t generated until the indicator crosses above -100. The last signal was a buy 7 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 5 period(s) ago.