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Friday, March 9, 2012

Sentiment Index - Malaysia Stock Market

Constructed and Written by Smartbiz

Local sentiment gradually sank into negative tone after a modestly positive start. The Oscillator slid to end at -53.36; lost 505.04 when compares with its opening point. The Average recorded a gain of 133.12.

In MSCD, %K (Yellow) computed as -262.64 (+71.93), %D (Red) -234.89 (+29.45) and the Histogram -91.96 (+16.05).

MSCD - Technical Analysis

After today’s trade, both indicators moved higher and the Histogram printed another shorter bar in the negative zone.

Market sentiment remains uncertain as %K stays below %D. The decreasing volume indicates investment confidence has faded slowly.

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

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