Sentiment Index - Malaysia Stock Market

Constructed and Written by Smartbiz

Local sentiment was hurt by selling pressure again though opened in high note. The Oscillator slid into the red but managed to end at +34.67; lost 1,194.64 when compares with its opening point. The Average recorded a gain of 151.66.

In MSCD, %K (Yellow) computed as -273.58 (+77.29), %D (Red) -257.41 (+32.74) and the Histogram -25.73 (+2.39).

After today’s trade, both indicators reversed upwards and the Histogram printed a shorter bar in the negative zone.

Market sentiment remained volatile with profit taking prevailed on market strength. Sentiment will continue to lose strength till we see %K cut above %D and make a higher high.

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