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Monday, October 29, 2012

Sentiment Index - Malaysia Stock Market

Constructed and written by Smartbiz 


Intraday Oscillator: Market sentiment reversed into negative tone after the break as most regional markets traded lower today. The Oscillator slid to finish off low at -100.32 lost 461.08 compared to its opening point at +360.76. The Average recorded a loss of 0.52; down by 198.63 compared to +198.11 of the previous session.

MSCD: After today’s market, %K moved sideways but the Histogram continued to print a longer bar in the positive zone.

MSCD data are appended as below:


DATEA_OSC%K%D%AHGM
10/22/2012-372.62-70.74-67.01-85.7729.27
10/23/2012-114.26-77.44-70.51-86.8022.03
10/24/201280.59-53.13-59.32-80.7118.86
10/25/2012198.11-14.49-40.24-70.5820.24
10/29/2012-0.52-12.34-37.30-68.0321.18
LAST+--198.632.152.942.550.94

Conclusion: MSCD shows sentiment was hurt by regional weaknesses but the uptrend remains intact. Overall volume decreased slightly but consider as acceptable during a weaker market.

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

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