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Thursday, October 18, 2012

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:


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.

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