FTSE Straits Times Singapore Index

FTSE Straits Times Singapore closed down by -1.51% to 3119.0 on 23 January 2021 and +0.32% on a weekly basis. FTSE Straits Times Singapore momentum was last calculated at +50.0/100 indicating positive momentum. FTSE Straits Times Singapore trend is +75.0/100 indicating a positive trend. FTSE Straits Times Singapore momentum exhaustion is 0.51137 indicating FTSE Straits Times Singapore is oversold.FTSE Straits Times Singapore RSI is 56.6274 .

FTSE Straits Times Singapore Index Chart

FTSE Straits Times Singapore Index

FTSE Straits Times Singapore Index Statistics

MacroVar multi-factor statistical models monitor financial factors which are used to analyze and predict the FTSE Straits Times Singapore. Click here to explore the financial factors monitored and their current signals.

Click here to explore the methodology used for estimating the FTSE Straits Times Singapore trading signals presented in the FTSE Straits Times Singapore statistics table.

Security Symbol Last Momentum Trend Oscillator RSI 1D% 1W% 1M% 1Y%
FTSE Straits Times Singapore STI 3119 0.5 0.75 0.51137 56.6274 -1.51 0.32 -2.35 -0.1176

FTSE Straits Times Singapore closed at 3119.0 on 23 January 2021. FTSE Straits Times Singapore trend was last calculated at +75.0/100 (range: -100 to +100) indicating a positive trend based on MacroVar models. FTSE Straits Times Singapore momentum was last calculated at +50.0/100 (range: -100 to +100) indicating positive momentum. FTSE Straits Times Singapore momentum exhaustion is 0.51137 (normal range: -2.5 to +2.5, overbought values: greater than 2.5, oversold values: less than 2.5) indicating FTSE Straits Times Singapore is oversold and a possible reversal is imminent. FTSE Straits Times Singapore RSI was last calculated at 56.6274. FTSE Straits Times Singapore moving averages were last recorded as follows: 1-month moving average: 2842.42 in an uptrend , 1-quarter moving average: 2707.48 in an uptrend and 1-year moving average: 2711.04 in a downtrend. FTSE Straits Times Singapore annual return was last recorded at None%, daily return was last recorded at -1.51%, and weekly return was last recorded at 0.32%. FTSE Straits Times Singapore histrorical 20-day volatility was last recorded at 8.85025%, FTSE Straits Times Singapore alpha None, FTSE Straits Times Singapore beta None and FTSE Straits Times Singapore maximum drawdown was recorded at None%. MacroVar models monitor FTSE Straits Times Singapore statistics based on historical data since 1970.

FTSE Straits Times Singapore Index News

FTSE Straits Times Singapore Factors

FTSE Straits Times Singapore

Factor Symbol Last Value Predicted Value R2 MacroVar Signal
Singapore PMI vs Stocks SG.FACT.STPMI 2443.13 50.2147 -2.08088

FTSE Straits Times Singapore related Indicators

FTSE Straits Times Singapore

Security Type Symbol Last Momentum Trend Oscillator RSI 1D% 1W% 1M% 1Y%
Singapore ETF Stock Index ETF EWS 22.9 1 0.75 0.98388 60.9773 -1.34 -0.09 -4.66 -0.09672
Singapore PMI vs Stocks Stock Index vs PMI Factor SG.FACT.STPMI 2443.13

Singapore Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
FTSE Straits Times Singapore STI 3119 0.5 0.75 0.51137 56.6274 -1.51 0.32 -2.35 -0.1176
Singapore ETF EWS 22.9 1 0.75 0.98388 60.9773 -1.34 -0.09 -4.66 -0.09672
Singapore Dollar US Dollar (SGD/USD) SGDUSD 1.36 -0.5 -1 -1.91838 32.6162 0.5 1.05 2.65 -0.01776
Singapore 5-Year Bond Yield SG.5Y 0.84 -0.5 -1 -0.61963 38.7012 -7.69 -7.69 7.69 -0.69355
Singapore 2-year bond yield SG.2Y 0.37 -0.5 -0.25 -0.58566 35.8787 -6.33 -14.94 -15.91 -0.82253
Singapore Yield Curve SG.YC 1.02 0.5 0.25 0.55749 59.2503 -6.42 -6.85 -11.3 1.22807
Singapore Credit Default Swaps CDS.Singapore 25.56 1 1 2.35775 83.1306 0.33542 0.40132 0.57389 0.18388

Singapore Economic Indicators

Indicator Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
balance of trade 4609.61 6908.05 -0.332719 -0.200641 -1.0 -1.0 0.3 2021-06-30
bank lending rate 5.25 5.25 0 -0.0150094 -1.0 -1.0 0.1 2020-01-31
banks balance sheet 1536970 1526580 0.00680606 0.0239231 1.0 1.0 0.05 2021-05-31
business confidence 38 32 0.1875 1.92308 1.0 1.0 0.9 2020-07-01
capital flows -6407.9 -16248.2 -0.605624 -1.44273 -1.0 -1.0 0.133333 2021-03-01
car registrations 6254 5453 0.146892 2.01834 -1.0 1.0 0.966667 2021-06-30
central bank balance sheet 527028 522190 0.00926483 0.284435 1.0 1.0 1 2021-03-31
composite pmi 50.1 54.4 -0.0790441 0.159722 1.0 1.0 0.933333 2021-06-30
consumer price index cpi 101.9 101.1 0.00791296 0.0241206 1.0 1.0 1 2021-05-31
core inflation rate 0.8 0.6 0.333333 -5 1.0 1.0 0.0166667 2021-05-31
current account 24625.2 19622.6 0.254941 0.514325 1.0 1.0 0.8 2021-01-31
current account to gdp 17.6 14.3 0.230769 0.213793 -1.0 1.0 0 2020-01-31
deposit interest rate 0.12 0.13 -0.0769231 -0.52 -1.0 -1.0 0.0166667 2021-01-31
exports 49635.5 50969.2 -0.0261668 0.263379 1.0 1.0 0.966667 2021-06-30
external debt 2237430 2210680 0.0121003 0.137437 1.0 1.0 0.35 2021-01-01
fiscal expenditure 7214.5 3761.6 0.917934 -0.416043 -1.0 -1.0 0.0333333 2021-05-31
foreign direct investment 30329.1 27000.9 0.123263 -0.158149 -1.0 -1.0 0.25 2020-10-01
foreign exchange reserves 535459 525770 0.0184282 0.215146 1.0 1.0 0.9 2021-06-30
gdp 372.063 373.217 -0.00309203 1.05626 1.0 1.0 0 2019-01-31
Real GDP 121079 117400 0.0313373 0.0305824 1.0 1.0 0.0666667 2021-03-31
gdp growth -2 3.1 -1.64516 -5 -1.0 -1.0 0.05 2021-04-01
gdp growth annual 14.3 1.3 10 2.1087 1.0 1.0 1 2021-04-01
gold reserves 127.4 127.4 0 0 -1.0 -1.0 0.508333 2019-06-01
government budget -13.9 -0.3 45.3333 -2.71182 -1.0 -1.0 0 2019-02-28
Government budget 3193.2 1604.9 0.989657 -1.40774 1.0 1.0 0.183333 2021-05-31
government debt 728756 704721 0.0341057 0.409335 1.0 1.0 0.95 2020-07-01
government debt to gdp 131 126.3 0.037213 0.374607 1.0 1.0 0 2019-02-28
government revenues 10407.7 5366.5 0.939383 1.30106 1.0 1.0 0.95 2021-05-31
housing index 163.7 162.2 0.00924784 0.0986577 1.0 1.0 0.4 2021-04-01
imports 45025.9 44061.1 0.0218969 0.30249 1.0 1.0 0.983333 2021-06-30
industrial production 30 2.3 12.0435 -4.79747 1.0 1.0 0.1 2021-05-31
industrial production mom 7.2 -0.4 -19 -1.4586 1.0 1.0 0.35 2021-05-31
inflation cpi 2.4 2.1 0.142857 7 1.0 1.0 0.983333 2021-05-31
interbank rate 0.44 0.44 0 0 -1.0 -1.0 0.4 2021-06-02
loans to private sector 693724 692174 0.00223932 0.0123471 1.0 1.0 0.3 2021-05-31
manufacturing pmi 50.8 50.7 0.00197239 0.0583333 1.0 1.0 0.95 2021-06-30
money supply m0 55362.7 55255.3 0.0019437 0.0817633 1.0 1.0 0.333333 2021-05-31
money supply m1 272111 271602 0.00187407 0.165348 1.0 1.0 0.783333 2021-05-31
money supply m2 729258 733101 -0.00524212 0.0698282 1.0 1.0 0.633333 2021-05-31
money supply m3 742505 746142 -0.00487441 0.0676505 1.0 1.0 0.65 2021-05-31
new home sales 1262 1296 -0.0262346 3.55596 1.0 1.0 1 2021-04-30
Producer Price Index 97.58 95.79 0.0186867 0.0923053 1.0 1.0 0.85 2021-05-31
PPI Index 18.1 17.8 0.0168539 -2.23973 1.0 1.0 0.166667 2021-05-31
retail sales MoM -6.8 -1.4 3.85714 -0.669903 -1.0 1.0 0.666667 2021-05-31
retail sales 79.7 54 0.475926 -2.54457 1.0 1.0 0.15 2021-05-31
unemployment rate 2.9 3.3 -0.121212 0.45 1.0 1.0 0.966667 2020-11-30
interest rate 0.08 0.21 -0.619048 -0.953488 -1.0 -1.0 0.0333333 2020-09-30

FTSE Straits Times Singapore Trading Signals


MacroVar estimates the following signals: FTSE Straits Times Singapore momentum, FTSE Straits Times Singapore trend, FTSE Straits Times Singapore oscillator, FTSE Straits Times Singapore RSI and FTSE Straits Times Singapore returns.

FTSE Straits Times Singapore Momentum

Momentum trading is used to capture moves in shorter timeframes than trends. Momentum is the relative change occurring in markets. Relative change is different to a trend. A long-term trend can be up but the short-term momentum of a specific market can be 0. If a market moves down and then moves up and then moves back down the net relative change in price is 0. That means momentum is 0. A short-term positive momentum, with a long-term downtrend results in markets with no momentum.

MacroVarFTSE Straits Times Singapore momentum signal ranges from -100 to +100. The FTSE Straits Times Singapore momentum signal is derived as the mean value from 4 calculations for the FTSE Straits Times Singapore. The timeframes monitored are the following: 1 Day (1 trading day), 1 Week (5 trading days), 1 Month (20 trading days), 3 Months (60 trading days)
For each timeframe, the following calculations are performed: 1. FTSE Straits Times Singapore return is calculated for the specific timeframe and 2. if the return calculated is higher than 0, signal value output is 1 else signal value is -1. FTSE Straits Times Singapore Index momentum signal is the aggregate of the the 4 values. A technical momentum rollover is identified when FTSE Straits Times Singapore momentum signal moves from positive to negative value or vice-versa.

FTSE Straits Times Singapore trend

FTSE Straits Times Singapore trend signal ranges from -100 to +100. FTSE Straits Times Singapore trend indicator is the mean value of the 8 calculations described below. The timeframes monitored are the following: 1-month (20 trading days), 3-months (60 trading days), 6-months (125 trading days), 1-year (250 trading days)
For each timeframe, the following calculations are performed: 1. FTSE Straits Times Singapore Closing price vs FTSE Straits Times Singapore moving average (MA) calculation: If FTSE Straits Times Singapore is greater than FTSE Straits Times Singapore MA value is +1, else -1, 2. FTSE Straits Times Singapore Moving average slope calculation: if current FTSE Straits Times Singapore moving average is higher than the previous MA, FTSE Straits Times Singapore upward slope +1, else -1
FTSE Straits Times Singapore trend model can be used as a trend strength indicator. FTSE Straits Times Singapore trend strength values ranging between +75 and +100 or -75 and -100 show strong trend strength.
A technical trend rollover is identified when FTSE Straits Times Singapore trend strength indicator moves from positive to negative value or vice-versa.

The most important trend indicator
The FTSE Straits Times Singapore 52-week simple moving average and its slope are the most important indicators defining a market’s trend. FTSE Straits Times Singapore is in an uptrend when FTSE Straits Times Singapore price is higher than the 52-week moving average and the FTSE Straits Times Singapore 52-week moving average has an upward slope. If fundamentals of the market have not changed and the moving average slope is still in uptrend, a price drop signifies a market correction and not a change of trend. Traders should watch oscillators like the FTSE Straits Times Singapore oscillator and FTSE Straits Times Singapore RSI to buy the dip and still follow the trend. The moving average slope turn signifies a change of trend.

FTSE Straits Times Singapore oscillator

The FTSE Straits Times Singapore oscillator estimated by MacroVar is the z-score of the current FTSE Straits Times Singapore price versus FTSE Straits Times Singapore 1-year simple moving average price. The formula for the FTSE Straits Times Singapore oscillator is:
FTSE Straits Times Singapore oscillator = (Current Price – 250 trading days FTSE Straits Times Singapore simple moving average price) / (250 days FTSE Straits Times Singapore price standard deviation)

FTSE Straits Times Singapore oversold conditions
FTSE Straits Times Singapore is oversold when it is subject to a persistent downward pressure due to extreme fund outflows. When the FTSE Straits Times Singapore is oversold it is often due for a rebound. Values of the FTSE Straits Times Singapore oscillator lower than -2.5 signify oversold conditions. It must be noted that the FTSE Straits Times Singapore oscillator must be analyzed ibn conjunction with the rest of FTSE Straits Times Singapore quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the FTSE Straits Times Singapore RSI.
FTSE Straits Times Singapore overbought conditions
FTSE Straits Times Singapore is overbought when it is subject to a persistent upward pressure due to extreme fund inflows. When the FTSE Straits Times Singapore is overbought it is often due for a correction. Values of the FTSE Straits Times Singapore oscillator higher than +2.5 signify overbought conditions. It must be noted that the MacroVar oscillator must be compared to the rest of the FTSE Straits Times Singapore quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the RSI.

FTSE Straits Times Singapore RSI indicator

The RSI indicator measures the speed and change of price movements. The RSI indicator oscillates between 0 and 100. RSI is a useful indicator during normal trending market conditions when an asset price oscillates around its trend value. During big moves and strong trends however, like short squeezes or price spikes RSI and other oscillators don’t work.
During normal trend market conditions and when FTSE Straits Times Singapore is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. During FTSE Straits Times Singapore uptrend, RSI values of 40 to 50 signify oversold conditions before the uptrend is ready to resume. It is strongly not recommended to enter a position when the RSI is “overbought” and falling or vice versa.

FTSE Straits Times Singapore returns

MacroVar calculates FTSE Straits Times Singapore returns for the following timeframes: Daily, Weekly, Monthly, Yearly. The formula for calculating returns is:

FTSE Straits Times Singapore returns = (FTSE Straits Times Singapore Closing Price – FTSE Straits Times Singapore Previous Price)/(FTSE Straits Times Singapore Previous Price)
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