Sentiment Index - Malaysia Stock Market

Constructed and written by Smartbiz

Local sentiment turned sour today as Asian stocks followed a retreat in the U.S. markets to trade lower. The Intraday Sentiment Oscillator slid all the way down to end at its day-low at -170.28; lost 142.73 when compares with its opening point. The Average recorded a loss of 80.35.

In MSCD, %K (Yellow) computed as -52.91 (-4.99), %D (Red) -119.77 (+3.15), %A (Pink) -171.11 (+3.42) and the Histogram +67.86 (-0.25).

After today’s trade, all line indicators moved in different direction and the Histogram printed a shorter positive bar.

Analysis : Investors applied a brake for last hour accumulation today as the Greece Election approaching nearer. The outcome of the election will be a blessing or tragedy to the world is yet to be known.

Indicators in MSCD show market has come to a cross-road with buying has slow down but selling are mild.

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