Sentiment Index - Malaysia Stock Market

Constructed and Written by Smartbiz

Local sentiment started with a weak opening and retreated into negative note shortly, Wednesday. However, last hour buying with high volume lifted the Oscillator to end at +228.71; gained 49.25 when compares with its opening point. The Average recorded a gain of 22.18.

In MSCD, %K (Yellow) computed as +15.08 (+1.29), %D (Red) -9.19 (+2.51) and the Histogram +10.61 (+3.42).

Technical Analysis
After today’s trade, both indicators were flat. The Histogram printed a slightly longer bar in the positive area.

Market was quiet as most investors haven’t returned from their holidays yet. Today’s mild selling in the morning session was offset by the late hour buying. Market performance remains unchanged.

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