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Wednesday, January 18, 2012

Sentiment Index - Malaysia Stock Market

Constructed and Written by Smartbiz

Local sentiment lost strength from a positive start with the Oscillator slid to end off low at +13.29; lost 120.78 when compares with its opening point. The Average recorded a loss of 89.93.

In MSCD, %K (Yellow) computed as -93.40 (+0.63), %D (Red) -58.84 (-2.49) and the Histogram +9.79 (-11.09).

Technical Analysis
After today’s trade, both indicators ended flat and the Histogram printed another shorter bar.

Market sentiment turned cautious again. Charts show sentiment will be under consolidation until %K exhibits an affirmative action. Low-liner will continue to suffer from selling pressure.

(Note: Explanation for Intra-Day MSO and MSCD are archived under "Labels" at the lower portion of the sidebar.)

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