PEKAT GROUP BERHAD
The price action is moving towards the upper band, which could signify the start of a short-term bullish movement if the price breaks out above the upper band.
Price Action: After a significant rally in May, the stock retraced and found support near MYR0.85. This was followed by a period of sidew
0.025 MYR
13.72 M MYR
227.46 M MYR
181.02 M
About PEKAT GROUP BERHAD
Sector
Industry
CEO
Yee Chee Tai
Website
Headquarters
Petaling Jaya
Founded
1999
ISIN
MYQ0233OO005
FIGI
BBG01192SJC7
Pekat Group Bhd. designs, supplies and installs solar PV power plants. It operates through the following segments: Segment 1, Segment 2, and Segment 3. The Segment 1 focuses on the design, supply, and installation of on-grid and off-grid solar photovoltaic systems and power plants which also includes the entire scope of work up to delivering of system or plant to customers and operations and maintenance of the systems or plants. The Segment 2 includes supply and installation of earthing and lightning protection systems for buildings, facilities and structures to protect people, property and equipment from unintended electric current as well as providing specialist subcontractors for earthing and lightning protection systems to main contractors or mechanical and electrical contractors. The Segment 3 involves the distribution of electrical products and accessories which includes sales and marketing of Pekat own brand and other third-party brands electrical products and accessories. The company was founded on August 5, 1999 and is headquartered in Petaling Jaya, Malaysia.
PEKAT : High tight flag , volume profile & 10WEMA , Friday Rule
prior run up >70%
breakout 10 weeks EMA
pullback to EMA10
support at VP POC and EMA10
break out new 52 weeks high today (Friday )
potential Friday Rule Candidate
also showing relative strength ( breaking out while the Market is in a correction )
PEKAT May 2024 : trading range using Fixed Volume Profile
Volume Profile showing P-Profile Characteristics
in the current consolidation zone , in the upper node of P-Profile:
- price hovers around VP POC - area of highest acceptance & trading activity
- price rejects Value Area High ( VAH ) and Value Area Low ( VAL ) - acts as support & resistance
Emerged of Buying Interest!The RSI indicates a positive outlook due to the emergence of buying interest from the previous trade. Hence pushed the price into a significant price movement backed by high volumes.
The MA13 crosses up the MA50 indicating a strong uptrend toward the next price resistance backed by the MACD indicat
A Reversal Trend!The candlestick indicates a trend change in the price of the stock due to buying interest backed by significant volume compared with the previous trading.
The 0.475 is the price Point of Control with fresh buying interest that has emerged and is set to lift the stock higher.
MACD and OBV also indi
Emerged of Buying Interest!A significant price movement on 10 Aug'22 due to buying interest hence the price closed above the MA50 line backed by a high volume. Then, there was a price correction before the price continued with the price breakout move on the previous trade. Again backed by significant volume compared with the
MORNING PEKATPreviously it showed 2 times the canddle pattern can be applied for my trading plan.
For this time it shows the morning star and for comfirmation the next candle should close 0.760 or higher.
1. For short term planning can use point B as the next resistance to TP and point A level as CL.
2. Long te
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An aggregate view of professional's ratings.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of PEKAT is 0.890 MYR — it has decreased by −1.11% in the past 24 hours. Watch PEKAT GROUP BERHAD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on MYX exchange PEKAT GROUP BERHAD stocks are traded under the ticker PEKAT.
PEKAT stock has fallen by −1.11% compared to the previous week, the month change is a −4.81% fall, over the last year PEKAT GROUP BERHAD has showed a 102.27% increase.
We've gathered analysts' opinions on PEKAT GROUP BERHAD future price: according to them, PEKAT price has a max estimate of 1.32 MYR and a min estimate of 1.15 MYR. Watch PEKAT chart and read a more detailed PEKAT GROUP BERHAD stock forecast: see what analysts think of PEKAT GROUP BERHAD and suggest that you do with its stocks.
PEKAT reached its all-time high on Jul 15, 2024 with the price of 1.060 MYR, and its all-time low was 0.375 MYR and was reached on May 16, 2023. View more price dynamics on PEKAT chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
PEKAT stock is 2.27% volatile and has beta coefficient of 1.38. Track PEKAT GROUP BERHAD stock price on the chart and check out the list of the most volatile stocks — is PEKAT GROUP BERHAD there?
Today PEKAT GROUP BERHAD has the market capitalization of 574.02 M, it has decreased by −2.16% over the last week.
Yes, you can track PEKAT GROUP BERHAD financials in yearly and quarterly reports right on TradingView.
PEKAT net income for the last quarter is 4.64 M MYR, while the quarter before that showed 3.78 M MYR of net income which accounts for 22.60% change. Track more PEKAT GROUP BERHAD financial stats to get the full picture.
PEKAT GROUP BERHAD dividend yield was 2.33% in 2023, and payout ratio reached 46.95%. The year before the numbers were 0.00% and 0.00% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. PEKAT GROUP BERHAD EBITDA is 23.52 M MYR, and current EBITDA margin is 9.24%. See more stats in PEKAT GROUP BERHAD financial statements.
Like other stocks, PEKAT 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 PEKAT GROUP BERHAD 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 PEKAT GROUP BERHAD technincal analysis shows the sell 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 PEKAT GROUP BERHAD stock shows the buy signal. See more of PEKAT GROUP BERHAD 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.