Malaysia Stock Market: KLCI Technical Analysis Report

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KLCI T E C H N I C A L June 05th, 2014 REPORT www.capitalvia.com.sg

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KLCI opened low by 3.92 points @ 1868.63.The high was marked @1869.6 and the low for the day was marked @1862.84.It is in the uptrend overall but from the few days the movement of market is range bound to 1860-1880.

Transcript of Malaysia Stock Market: KLCI Technical Analysis Report

Page 1: Malaysia Stock Market: KLCI Technical Analysis Report

KLCIT E C H N I C A L

June 05th, 2014

REPORT

www.capitalvia.com.sg

Page 2: Malaysia Stock Market: KLCI Technical Analysis Report

Market Review for KLCI

KLCI opened low by 3.92 points @

1868.63.The high was marked

@1869.6 and the low for the day was

marked @1862.84.It is in the uptrend

overall but from the few days the

movement of market is range bound to

1860-1880.

Market forecast for KLCI

KLCI formed a red candle for the day

.The performance lowered down from

the previous day .The red candle

indicates the bearish movement and

may continue for the next day .If the

support level of 1862 is maintained

then we may expect a bullish reversal .

Technical indicators

RSI i s j us t be low the cen t re

l [email protected] where the CCI is

performing at -71.10

FBMKLCI Day Performance

Open 1868.63

High 1869.60

Low 1862.84

Close 1865.20

Change(Points) -7.350

% Change -0.39

Volume 1022.8M

Rise 334

Fall 407

Unch 884

KLCI LEVELS

Support 1 1860

Support 2 1850

Support 3 1840

Resistance 1 1870

Resistance 2 1880

Resistance 3 1890

Top Gainers

Scrip Name CMP %change

MISC 6.1 1.5

ASTRO 3.46 0.29

PETGAS 24.06 0.25

KLK 24.24 0.17

RHBCAP 8.38 -0.12

Top Looser

Scrip Name CMP %change

GENTING 9.83 -1.7

IOICORP 5.11 -1.54

YTL 1.61 -1.23

TENAGA 11.98 -1.16

IOIPG 2.5 -0.79

Page 3: Malaysia Stock Market: KLCI Technical Analysis Report

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