The market staged a modest recovery and the KLCI bridged the 1560 resistance to close at 1563.43 up 9.19 points 0.59%. For the recovery to continue or be sustained, a larger trading volume in the overall market is needed.
Stocks 1 - 11 are overbought. Uptrend of stocks marked * are well supported by volume.
Stock Close S'port Resist RMI Inertia
1. SRIDGE 0.235 0.21 0.24 99.4 66.6
2. PETGAS 12.94 12.30 13.04 97.2 63.2
3. MLAB 0.11 0.105 0.11 89.9 60.0
4. DIGISTA 0.505 0.475 0.52 87.9 50.8*
5. TMS 0.105 0.10 0.105 85.4 52.5*
6. KZEN 0.215 0.185 0.22 83.1 55.7
7. AXIATA 5.05 4.95 5.05 82.8 55.5*
8. MAXIS 5.53 5.50 5.54 80.1 54.0*
9. KBB 0.31 0.275 0.32 78.5 53.4*
10.TM 3.88 3.85 3.88 76.1 51.2
11.HPI 4.21 4.18 4.26 75.6 52.4
12.K1 0.465 0.43 0.475 73.1 47.4*
13.AMEDIA 0.31 0.285 0.31 67.7 49.4
14.AFG 3.16 3.11 3.16 64.0 52.7
15.MAYBANK 9.00 8.79 9.00 56.6 50.8*
16.AMMB 6.45 6.43 6.45 50.2 55.9*
17.GAMUDA 3.73 3.72 3.74 45.4 44.4
18.GENM 3.60 3.59 3.65 35.9 50.8*
19.MALTON 0.55 0.55 0.555 25.9 44.3*
FAVOURITES *
"TECHNICAL ANALYSIS - YOUR ROAD MAP TO PROFIT"
TAN
