PUNCAK buy signal based on MRV1 setup on 2 Jan 24 at RM0.395
This is actually a repeated signal, as it was previously triggered on 13 Dec 2023 at a similar price of RM0.385.
The support area could be set at the most recent pivot low of RM0.350, which coincides with the equilibrium support area. However, I would set the stop loss to RM0.345 to adhere to the
−0.295 MYR
−131.78 M MYR
164.90 M MYR
403.37 M
About PUNCAK NIAGA HOLDINGS BHD
Sector
Industry
CEO
Azlan Shah bin Rozali
Website
Headquarters
Shah Alam
Founded
1997
ISIN
MYL6807OO001
FIGI
BBG000BW5FS7
Puncak Niaga Holdings Bhd. engages in the provision of wastewater and environmental solutions. It operates through the following segments: Construction, Plantation, and Concession. The Construction segment focuses on construction activities. The Plantation segment is involved in oil palm plantation activities. The Concession segment includes construction and maintenance related activities relating to the concession agreements. The company was founded on January 7, 1997 and is headquartered in Shah Alam, Malaysia.
PUNCAK NIAGA,4H SETUPOverview:
-Construction company
-Non-profitable company since 2016
?Purely technical analysis
Technical:
H4, ma 200 line last support
Before recent breakout, price respect ma20/50
+first pullback supported by ma20/50 (strong indicator)
Monthly timeframe,
September close with inside bar.
Possibl
PUNCAK IN ELLIOTT'S ABC AND BAT PATTERNConsider to study, analyze and monitor PUNCAK where its daily chart appears to have retested point C of EW's ABC formation, and from WaveS 1 to 5, the retracement at ABC's Point C is fibo618. This retracement level is also in the 52-week low zone. The chart also has formed what appears to be a bat h
WILL IT BREAKS THE RESISTANCE AT 0.555?1)ADX > 25 Di+ > Di-
2)Fib retracement level 0.5 (0.470 cents)
3)Net volume still bullish but is dropping.
4)Smart money is still hot. Possibly will gap up.
5)above 200 ema. Still bullish.
Based on my technical analysis. It is still in bullish position with a bit of retracement from 0.555 to 0.470.
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 PUNCAK is 0.195 MYR — it has increased by 2.94% in the past 24 hours. Watch PUNCAK NIAGA HOLDINGS BHD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on MYX exchange PUNCAK NIAGA HOLDINGS BHD stocks are traded under the ticker PUNCAK.
PUNCAK stock hasn't changed in a week, the month change is a 2.94% rise, over the last year PUNCAK NIAGA HOLDINGS BHD has showed a −42.65% decrease.
PUNCAK reached its all-time high on Sep 29, 2003 with the price of 5.630 MYR, and its all-time low was 0.090 MYR and was reached on Mar 23, 2020. View more price dynamics on PUNCAK chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
PUNCAK stock is 11.43% volatile and has beta coefficient of 0.33. Track PUNCAK NIAGA HOLDINGS BHD stock price on the chart and check out the list of the most volatile stocks — is PUNCAK NIAGA HOLDINGS BHD there?
Today PUNCAK NIAGA HOLDINGS BHD has the market capitalization of 78.27 M, it has increased by 11.43% over the last week.
Yes, you can track PUNCAK NIAGA HOLDINGS BHD financials in yearly and quarterly reports right on TradingView.
PUNCAK net income for the last quarter is −84.63 M MYR, while the quarter before that showed −24.55 M MYR of net income which accounts for −244.66% change. Track more PUNCAK NIAGA HOLDINGS BHD financial stats to get the full picture.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. PUNCAK NIAGA HOLDINGS BHD EBITDA is −36.56 M MYR, and current EBITDA margin is −22.17%. See more stats in PUNCAK NIAGA HOLDINGS BHD financial statements.
Like other stocks, PUNCAK 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 PUNCAK NIAGA HOLDINGS 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 PUNCAK NIAGA HOLDINGS BHD technincal analysis shows the buy rating today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating PUNCAK NIAGA HOLDINGS BHD stock shows the sell signal. See more of PUNCAK NIAGA HOLDINGS 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.