KJTS Group BerhadKJTS Group Berhad
Trend: The stock shows an overall uptrend since February, with higher lows and higher highs.
Price Action: There's significant volatility, with large price swings and several gap-up and gap-down movements.
Support and Resistance:
Current support level appears to be around 0.700 MYR
Recent resistance level is at about 0.835 MYR (the recent high)
Moving Averages: Two moving averages are visible:
The shorter-term MA (likely 20-day) in blue is above the longer-term MA (possibly 50-day) in green, indicating bullish momentum.
Price is currently above both MAs, which is typically bullish.
Volume: Volume spikes are visible during major price movements, particularly in February and June.
Recent Performance: The stock recently touched a high around 0.835 MYR before pulling back. It's currently consolidating near the 0.730 MYR level.
Patterns: There are several noticeable bullish and bearish candles, including potential hammer and shooting star formations.
Indicators: Without additional indicators overlaid, it's limited what can be inferred beyond price and volume action.
Overall, the stock appears to be in an uptrend but is currently in a consolidation phase. Traders might watch for a breakout above recent highs or a breakdown below support levels for potential entry or exit points.
