Sentiment Index - Malaysia Stock Market

Constructed and Written by Smartbiz

Local sentiment continued to progress in bearishness with the Oscillator slid to end at -673.69; lost 388.25 when compares with its opening point. The Average recorded a loss of 581.68.

In MSCD, %K (Yellow) computed as -371.52 (-38.20), %D (Red) -309.20 (-21.81) and the Histogram -36.28 (-6.51).

After today’s trade, both indicators fell deeper and the Histogram printed a longer bar in the negative zone.

Market sentiment will be weak for quite some time amid sluggish global and local market situation. However, the fact that the key index has managed to sustain above 1,580 level has given some support to the eroding sentiment.

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