EG INDUSTRIES - POTENTIAL BULLISH CONTINUATION PATTERN ?EG INDUSTRIES - CURRENT PRICE : RM2.03
In long term the stock is UPTREND as the share price is above 200-day EMA. For short and medium term, the stock is trading in sideways. However, based on chart pattern analysis, the stock is potential of making BULLISH ASCENDING TRIANGLE - Bullish Continuati
0.17 MYR
49.74 M MYR
1.14 B MYR
234.14 M
About EG INDUSTRIES BHD
Sector
Industry
CEO
Pang Kiang Kang
Website
Headquarters
Sungai Petani
Founded
1991
ISIN
MYL8907OO007
FIGI
BBG000BTZ4V2
EG Industries Bhd. is an investment holding company, which engages in the provision of management services. It operates through the Electronic Manufacturing Services (EMS) and Original Equipment Manufacturer (OEM)/Original Design Manufacturer (ODM) for Electronic and Electrical Products and Other Non-reportable segments. The EMS and OEM/ODM for Electronic and Electrical Products segment includes OEM products which are produced in accordance with the design specifications provided by customers whereas for ODM products the Group provides an additional design service. The Other Non-reportable segment comprises operations related to investment holding and research and development. The company was founded on August 14, 1991 and is headquartered in Sungai Petani, Malaysia.
A Breakout Signal!With significant price movement from the previous trade, the candlestick indicates a breakout signal where the price closed above the MA200 line backed by high volume due to buying interest.
MACD and OBV indicate a divergence signal and confirm the price uptrend towards the next price resistance.
Trading Idea EG (16/5/2021) Trading Idea EG (16/5/2021)
- Potential breakout above EMA50 (green line)
- Buying opportunity in yellow zone, around RM0.75-0.77
- Target: RM0.865 / RM0.96
- Stoploss below RM0.71
Disclaimer: This trading idea is strictly intended for informational purposes only so please do your own analysi
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of EG is 2.09 MYR — it has increased by 1.46% in the past 24 hours. Watch EG INDUSTRIES BHD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on MYX exchange EG INDUSTRIES BHD stocks are traded under the ticker EG.
EG stock has risen by 7.18% compared to the previous week, the month change is a −1.42% fall, over the last year EG INDUSTRIES BHD has showed a 54.81% increase.
EG stock is 2.43% volatile and has beta coefficient of 0.71. Track EG INDUSTRIES BHD stock price on the chart and check out the list of the most volatile stocks — is EG INDUSTRIES BHD there?
Today EG INDUSTRIES BHD has the market capitalization of 949.99 M, it has increased by 17.65% over the last week.
Yes, you can track EG INDUSTRIES BHD financials in yearly and quarterly reports right on TradingView.
EG net income for the last quarter is 13.43 M MYR, while the quarter before that showed 35.77 M MYR of net income which accounts for −62.45% change. Track more EG INDUSTRIES BHD financial stats to get the full picture.
As of Apr 20, 2025, the company has 3 K employees. See our rating of the largest employees — is EG INDUSTRIES BHD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. EG INDUSTRIES BHD EBITDA is 157.12 M MYR, and current EBITDA margin is 11.25%. See more stats in EG INDUSTRIES BHD financial statements.
Like other stocks, EG shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade EG INDUSTRIES BHD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So EG INDUSTRIES BHD technincal analysis shows the buy rating today, and its 1 week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating EG INDUSTRIES BHD stock shows the buy signal. See more of EG INDUSTRIES BHD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.