Sanichi, Silver Ridge

TheEdge Tue, Mar 31, 2020 01:14pm - 4 years View Original


KUALA LUMPUR (March 31): theedgemarkets.com highlighted two stocks with momentum at Bursa Malaysia's afternoon close today.  They each displayed in positive and negative momentum.

The stock with positive momentum was:

Sanichi Technology Bhd - unchanged at five sen

The stock with negative momentum was:

Silver Ridge Holdings Bhd - up 0.5 sen at 42.5 sen

The list of stocks with momentum is generated using a proprietary mathematical algorithm highlighting stocks with a build-up in trading volume and price. The algorithm differentiates between stocks that exhibit positive (+ve) momentum and negative (-ve) momentum.

This list is not a buy or sell recommendation. It merely tells you which stocks are seeing higher than normal volume and price movements.

The share price may move up or down from this point. But the “+ve” (suggesting a rising price trend on volume) and “-ve” (suggesting a falling price trend on volume) indicators should give readers a better idea of what the market is buying and when to sell.  Note also that momentum generally only persists for a short period of time.

The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.






Related Stocks

BURSA 7.400
SANICHI 0.015
SRIDGE 0.345

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