CJ Century, Focus Lumber, Milux, Heng Huat, Caely

TheEdge Fri, Nov 19, 2021 02:01pm - 6 months View Original


KUALA LUMPUR (Nov 19): theedgemarkets.com highlighted five stocks with momentum at Bursa Malaysia’s afternoon close on Friday (Nov 19). Three stocks showed positive momentum, while two indicated negative momentum.

The stocks with positive momentum were:

CJ Century Logistics Holdings Bhd — down half a sen at 63 sen

Focus Lumber Bhd — up three sen at RM1.08

Milux Corp Bhd — up 11 sen at RM1.52

The stocks with negative momentum were:

Heng Huat Resources Group Bhd — up four sen at 75 sen

Caely Holdings Bhd — down half a sen at 44 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.

However, each stock has an accompanying fundamental score and valuation score to help readers evaluate the attractiveness of the stocks if they want to ride the momentum.

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






Related Stocks

BURSA 6.800
CAELY 0.410
CJCEN 0.655
FLBHD 1.520
FOCUS 0.035
HHGROUP 0.325
MILUX 1.020

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