Sentiment Index - Malaysia Stock Market

Constructed and written by Smartbiz 

Intraday Oscillator: Market sentiment cheered by key index with last minute buying pushed the Oscillator to end at its day high, today. The Oscillator ended at +344.32; gained 271.87 compared to its opening point at +72.44. The Average recorded a gain of 134.19; weakened by 61.73 points compared to +195.92 of the previous session.

MSCD: After today’s market, %K edged higher into the positive zone and the Histogram printed a longer positive bar.

MSCD data are appended as below:

DATE	A_OSC	%K	%D	%A	HGM
10/13/2012	24.75	17.74	57.13	78.51	41.88
10/15/2012	194.64	44.94	67.32	82.73	37.98
10/16/2012	44.48	31.19	59.03	78.11	35.95
10/17/2012	195.92	3.74	40.14	68.15	37.54
10/18/2012	134.19	23.80	27.22	60.79	40.23
LAST+-	61.73	20.06	12.92	7.36	2.70

Conclusion: MSCD shows that market sentiment is improving with total volume gradually piling up. %K returns to positive zone after today's trade signaling accumulation of low-liners on top of blue chips.

Market sentiment is progressing positively as confirmed by the crossover of %D to %A about two weeks ago.

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