Sentiment Index - Malaysia Stock Market

Constructed and written by Smartbiz

Local sentiment faded as Asian shares mostly fell on Tuesday, giving back some of the steep gains made in the previous session. The Intraday Sentiment Oscillator slid but ended at its day-high at -155.60; gained 49.46 when compares with its opening point. The Average recorded a loss of 258.49.

In MSCD, %K (Yellow) computed as -69.92 (-34.27), %D (Red) -138.62 (-9.59), %A (Pink) -183.28 (-2.84) and the Histogram +66.40 (+0.57).

After today’s trade, all line indicators hooked downwards and the Histogram printed a slightly longer positive bar.

Analysis: Market sentiment sustains its positive base as investors continue to buy on weakness.

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