Sentiment Index - Malaysia Stock Market

Constructed and Written by Smartbiz

Local sentiment failed to sustain its momentum but followed regional trend opened in weakness. The Intraday Oscillator slid downhill to end at -710.60; lost 532.89 when compares with its opening point. The Average recorded a loss of 505.11.

In MSCD, %K (Yellow) computed as -442.91 (-11.31), %D (Red) -286.33 (-17.51) and the Histogram -185.22 (+7.16).

MSCD - Technical Analysis

After today’s trade, both indicators edged lower but the Histogram continued to print shorter bar in the negative area.

Market sentiment remains uncertain but selling has alleviated as volume decreased on market weaknesses. Investors are waiting for clearer indication to enter.

(Note: Explanation for Intra-Day MSO and MSCD are archived under "Labels" at the lower portion of the sidebar.)