Sentiment Index - Malaysia Stock Market

Constructed and written by Smartbiz

Intraday Oscillator: The Oscillator opened slightly above the zero level but slid all the way down to end at -239.10; lost 287.08 compared to its opening point at +47.98. The Average records a loss of 188.22; down 212.92 when compared with +24.69 of the previous session.

MSCD: After today’s market, %K fell below %D again. %D returned to its original position below %A. But, the Histogram printed yet another shorter bar in the negative zone.

MSCD data are appended as below:

DATE	A_OSC	%K	%D	%A	HGM
15/8/2012	262.90	106.26	81.75	72.96	14.18
16/8/2012	46.22	82.81	72.27	68.63	13.45
17/8/2012	11.42	71.83	67.76	66.55	11.57
22/8/2012	24.69	56.99	60.91	63.23	8.48
23/8/2012	188.22	77.17	70.34	67.78	8.15
LAST+-	212.92	20.18	9.43	4.54	0.33

Conclusion:

Market sentiment is faltering in a small path with insignificant participation. Analyst said market was supported by foreign funds but local players mostly stay at bay waiting for the storm to come.

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