Sentiment Index - Malaysia Stock Market

Constructed and written by Smartbiz 

Intraday Oscillator: Local sentiment failed to sustain its positive note but slipped into the red again as the key index stayed in low level most of the session. However, low-liners finished with more gainers in the last minute. The Oscillator accelerated its fall after the break but picked up just before closing to end at -129.08, lost 147.73 compared to its opening point at +18.65. The Average recorded as -130.35; lost 124.51 compared to -5.84 of the previous session.

MSCD: After today’s market, %K fell slightly and the Histogram continued to print shorter bar in the negative zone.

MSCD data are appended as below:
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DATE	A_OSC	%K	%D	%A	HGM
11/14/2012	-49.67	-132.94	-107.32	-100.22	-23.65
11/15/2012	-167.77	-138.30	-111.80	-102.68	-24.22
11/19/2012	-117.15	-135.04	-112.20	-103.20	-23.94
11/20/2012	-5.84	-115.17	-104.32	-99.66	-21.32
11/21/2012	-130.35	-117.51	-106.25	-100.78	-19.31
LAST+-	-124.51	-2.33	-1.93	-1.12	2.01

Analysis: MSCD shows market sentiment is progressing in cautiousness but gradually recovering. Low-liners tried to take the center stage amid a weak key index with nibbling seen during last minute trading.

Market is till plagued by uncertainties from US with violence in Middle-East added to the list.

Note: Explanation on MSCD can be found under "Label" at the sidebar.