Komarkcorp, Teo Seng, Hiap Huat, SMTrack, Techna-X, AHB

TheEdge Mon, Jan 10, 2022 01:43pm - 2 years View Original


KUALA LUMPUR (Jan 10): theedgemarkets.com highlighted six stocks with momentum at Bursa Malaysia’s afternoon close on Monday (Jan 10). Two displayed positive momentum, while four indicated negative momentum.

The stocks with positive momentum were:

Komarkcorp Bhd – up three sen at 16.5 sen

Teo Seng Capital Bhd – up two sen at 81.5 sen

The stocks with negative momentum were:

Hiap Huat Holdings Bhd – up half a sen at 16.5 sen

SMTrack Bhd – up half a sen at 30 sen

Techna-X Bhd – up 1.5 sen at 10.5 sen

AHB Holdings Bhd – up 2.5 sen at 22.5 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.

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

AHB 0.130
BURSA 7.430
HHHCORP 0.150
KOMARK-WC 0.000
SMTRACK 0.050
TECHNAX 0.010
TEOSENG 1.870

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