Shares & Derivatives
Singapore Exchange (SGX): Sideway Consolidation
By Marubozu  •  December 30, 2012

Singapore Exchange (SGX) is currently in consolidation mode and trading within a range between $6.94 & $7.05. Base on past chart pattern, 20D SMA proved to be reliable supports and resistances for SGX (shaded in Orange). Currently 20D SMA has catched up the stock price and provide a support at about $6.97. If history to be repeat itself on SGX, this stock should be breaking out from this consolidation phase soon provided 20D SMA is a good support again.

  • Immediate resistance is $7.05 followed by $7.28
  • Immediate support is about $6.95 (20D SMA) followed by $6.81 (61.8% FR)
  Key Statistics for SGX
Current P/E Ratio (ttm) 26.8788
Estimated P/E(06/2013) 23.8435
Relative P/E vs. FSSTI 2.2171
Earnings Per Share (SGD) (ttm) 0.2608
Est. EPS (SGD) (06/2013) 0.2940
Est. PEG Ratio 3....
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By Marubozu
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