Case Study: SMI, sudden dropMYX:SMI
There seems no sign to indicate this movement, but perhaps the price volume analysis is a bit difficult to read during red candle days (unable to confirm the direction)
−0.020 MYR
−4.15 M MYR
34.45 M MYR
194.23 M
About SOUTH MALAYSIA INDUSTRIES BHD
Sector
Industry
CEO
Thang Fong Leow
Website
Headquarters
Kuala Lumpur
Founded
1969
ISIN
MYL4375OO001
FIGI
BBG000BDZDL8
South Malaysia Industries Bhd. operates as an investment holding company, which engages in the development of residential and commercial properties and provision of management services. It operates through the following business segments: Property Development, Property and Investment Holding, Manufacturing and Trading, and Others. The Property Development segment develops and sells residential and commercial properties. The Property and Investment Holding segment includes properties, car park operation, and holding company. The Manufacturing and Trading segment manufactures and trades assorted wires. The Others segment represents dormant companies. The company was founded on March 27, 1969 and is headquartered in Kuala Lumpur, Malaysia.
SMISupport195
Resistance 240/260
Entry Reason:
1. Retracement. This counter is on an uptrend and its cumulative volume increasing too.
2. Breakout from the highest price of "B" signal.
follow my profit or click the link below to get FIFO indicator:
SMI potential to continue uptrendSMI potential to continue uptrend.
4HR just crossed Ichi cloud.
Price above weekly Ichi cloud.
(Only for my own research & learning)
SMI potential to go upsidePrice already break down trendline.
Already crossed daily Ichi cloud and pullback to rebound.
Weekly also already crossed Ichi cloud.
Therefore, SMI has the potential to go upside.
SMI: Potential C&H FormationSMI Potential C&H Formation:
Few targets *if* the formation is complete would be: 0.235 & 0.280.
But it will be more bullish if its continue to break its 52WKH @ 0.30!
Interesting!
SMI TO THE MOONI been watching this stock since few week now. I have high hope and faith in this stock. You might see ultra spike volume past few week, but no yet selling volume. It mean this stock will fly ridiculous high. Now the price is at the support. It's stupid if you dont take your chance to entry and hol
SMI [24 September 2020] Strategy: Buy On Dip in Support ZoneMYX:SMI
Breakout Downtrend Line
52 Weeks High Line
Fibbonaci Retracement
Candlestick Support & Resistant Zone
Trendline Support & Resistant
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 SMI is 0.310 MYR — it hasn't changed in the past 24 hours. Watch SOUTH MALAYSIA INDUSTRIES BHD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on MYX exchange SOUTH MALAYSIA INDUSTRIES BHD stocks are traded under the ticker SMI.
SMI stock has risen by 1.64% compared to the previous week, the month change is a 3.33% rise, over the last year SOUTH MALAYSIA INDUSTRIES BHD has showed a −39.22% decrease.
SMI stock is 0.00% volatile and has beta coefficient of 0.16. Track SOUTH MALAYSIA INDUSTRIES BHD stock price on the chart and check out the list of the most volatile stocks — is SOUTH MALAYSIA INDUSTRIES BHD there?
Yes, you can track SOUTH MALAYSIA INDUSTRIES BHD financials in yearly and quarterly reports right on TradingView.
SMI net income for the last quarter is −1.87 M MYR, while the quarter before that showed −2.42 M MYR of net income which accounts for 22.57% change. Track more SOUTH MALAYSIA INDUSTRIES BHD financial stats to get the full picture.
No, SMI doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. SOUTH MALAYSIA INDUSTRIES BHD EBITDA is −7.53 M MYR, and current EBITDA margin is −19.69%. See more stats in SOUTH MALAYSIA INDUSTRIES BHD financial statements.
Like other stocks, SMI 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 SOUTH MALAYSIA 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 SOUTH MALAYSIA INDUSTRIES BHD technincal analysis shows the sell 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 SOUTH MALAYSIA INDUSTRIES BHD stock shows the sell signal. See more of SOUTH MALAYSIA 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.