KUALA LUMPUR (Feb 15): theedgemarkets.com highlighted 11 stocks at Bursa Malaysia’s afternoon close on Tuesday (Feb 15). Ten stocks indicated negative momentum, while one had positive momentum.

The stocks with negative momentum were:

Sime Darby Plantation Bhd — up 32 sen at RM4.56

Kuala Lumpur Kepong Bhd (KLK) — up 62 sen at RM24.98

PLS Plantations Bhd — up one sen at 99.5 sen

Ta Win Holdings Bhd — up 1.5 sen at 16 sen

Tomei Consolidated Bhd — up 6.5 sen at RM1.03

Poh Kong Holdings Bhd — up two sen at 84 sen

Ablegroup Bhd — up two sen at 16.5 sen

PUC Bhd — unchanged at 15.5 sen

Revenue Group Bhd — up four sen at RM1.70

SDS Group Bhd — up one sen at 33.5 sen

The stock with negative momentum was:

AHB Holdings Bhd — up 2.5 sen at 24 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.