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Technical Analysis on STI 2015-04-24

















The STI Index closed at 3513.00 today, up by 10.25 or 0.29%. It seems that STI has found its short term support at around 3500. Strength of uptrend remains the same according to ADX indicator. The crossing over of MACD yesterday may be a false signal. The uptrend remains intact as long as MACD line doesn't fall below 15.

Above 20 MA? Yes Uptrend
Above 50 MA? Yes Uptrend
RSI above 50? Yes Uptrend
RSI above 70? No Not overbought
MACD Crossover ? Not significant
+DMI above -DMI Yes Uptrend
ADX > 25 Yes Trend Strength = Strong



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