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MIDCAP-Singapore's DBS technicals suggest upside

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Shares of DBS Group Holdings , which were downsharply over the past month, could reverse, technical chartssuggest.

The stock faces strong support at its 200-day exponentialmoving average.

The Money Flow Index (MFI) indicator shows a bullishdivergence as the indicator made higher lows, though the stockprice made lower lows.

Relative Momentum Index (RMI) indicator is near 30 and areading between 10 to 30 suggests the stock is oversold.

Stochastics oscillator %k line cutting above the %d line isa positive sign.

The stock is down 1.87 percent over the past week, largelyin line with the broader index .

(Reporting by Patturaja Murugaboopathy; Editing by Sunil Nair)

((patturaja.murugaboopathy@thomsonreuters.com))

Keywords: MIDCAP DBS/