Sentiment Index - Malaysia Stock Market

Constructed and Written by Smartbiz

Local sentiment subdued for another day with the Oscillator slid to end at -708.65; lost 713.02 when compares with its opening point. The Average recorded a loss of 358.63.

In MSCD, %K (Yellow) computed as -285.84 (-12.23), %D (Red) -276.13 (-6.60) and the Histogram -22.27 (+3.14).

After today’s trade, both indicators fell slightly but the Histogram continued to print shorter bars in the negative zone.

Eventually, the key index led market sentiment back to basic after a weak breakthrough. Market sentiment will remain choppy in scarce participation as evident by the decreasing volume. Look like %K hasn’t finished its round-top process.

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