SGX: On Up Trend But….

SGX has started an uptrend after breakout from the $7.00 resistance. SGX is technically bullish as the stock price is trading above the 20D/50D/200D Simple Moving Averages, whereby 20D/50D are trending up. However, it is important to take note that $7.28-$7.30 is a strong resistance zoom out the 3 years chart.

50D SMA serves at a neckline support of a Head and Shoulders. Trend may reverse if this 50D SMA support is broken.

Fundamentally SGX is over value base on PE, PEG and PB ratio.

Be cautious if you are going long at this level.

2014Sept27-SGX

Original Post by Marubozu My Stocks Investing Journey

Current P/E Ratio (ttm) 24.2232
Estimated P/E(06/2015) 22.3765
Relative P/E vs. FSSTI 1.7643
Earnings Per Share (SGD) (ttm) 0.2993
Est. EPS (SGD) (06/2015) 0.3240
Est. PEG Ratio 2.0435
Market Cap (M SGD) 7,764.87
Shares Outstanding (M) 1,071.02
30 Day Average Volume 1,196,667
Price/Book (mrq) 8.4123
Price/Sale (ttm) 11.3148
Dividend Indicated Gross Yield 3.86%
Cash Dividend (SGD) 0.1600
Dividend Ex-Date 10/01/2014
5 Year Dividend Growth -6.65%
Next Earnings Announcement 10/21/2014

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