FBMKLCI traded with caution ahead of the US’s job data tonight. It open negative and traded in sideway to close flat at 1294.39 (-0.05, -0%). The direction of FBMKLCI is unclear as its candlestick closed with a “DOJI” star; it depends very much on external factors at this moment.
The overall market’s trend is considers as mixed today as there are 313 up counters and 275 down counters with the market total traded volume increased slightly by 2.9% to 674 MIL shares. This means that the market’s volume is still below 40 days volume moving average.
Today’s FBMKLCI top 5 gainers components are MISC, BAT, PLUS, HLFG and MAXIS. The top 5 lagging components are BJTOTO, GENM, RHBCAP, PETDAG and IOICORP.
FBMKLCI Technical Indicators
The INDEX stays above the Mid-Band with the Bollinger band contracted only -9%; this indicates FBMKLCI is considers as consolation.
RSI decreases slightly to 33.74; this indicates FBMKLCI is considers as consolation.
STC %K increases to 93.77 and the %D increased to 58.68, this indicates FBMKLCI is bullish biased.
The MACD line went sideway below the ZERO level and the histogram continues with the rounding bottom, this indicates FBMKLCI is slightly bullish biased.
Summary
The indicators for FBMKLCI are mixed today, however the chart indicates the direction of FBMKLCI is unclear. Technically it is considered as sideway.
The nearest possible resistance levels for FBMKLCI are 1302 and 1320. The nearest possible support levels are 1287, BBMB, 1272. Please click on the chart below for better understanding.
