The KLCI closed at 1588.58 down 6.16 points 0.39% as investors stayed sideline waiting for new developments and leads from the world financial markets. Although the KLCI experienced a pull-back, the longer term uptrend look intact.
Stocks 1 - 5 are overbought.
Stock Close S'port Resist RMI Inertia
1. MUDA 1.09 0.905 1.11 93.4 55.3
2. UMW 7.47 7.40 7.47 92.8 54.2
3. MAYBANK 8.98 8.98 9.00 85.9 63.4
4. PERISAI 0.815 0.815 0.84 77.8 46.9
5. SBCCORP 1.09 1.09 1.12 76.7 50.0
6. SEG 2.08 2.00 2.09 73.8 60.6
7. MMODE 0.245 0.22 0.25 72.7 49.4
8. MAXIS 5.51 5.50 5.52 72.2 58.9
"TECHNICAL ANALYSIS - YOUR ROAD MAP TO PROFIT"
TAN