Technical stockpick - Hap Seng Plantations Holdings Bhd
Wed, 30-Jul-2025 07:35 am
by Research Team • Apex Research

HSPLANT (5138)
Last Price (RM)
1.93
Resistance (RM)
R1 — 2.09 / R2 — 2.17
Support (RM)
S1 — 1.86

Technical Commentary:

Share price has been trading in a consolidated range since recovering from significant downside pressure early in the year. Momentum has been on the uptrend as share price closes above all major moving averages with the MACD and RSI indicators remaining in the positive territory. The stock may continue to gain ground if a breakout above RM1.97 occurs to target the next resistances located at RM2.09–RM2.17. Downside wise, support is envisaged at RM1.86.

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.213466 4.244897
EUR 4.946298 4.953651
CNY 0.592866 0.593738
HKD 0.540491 0.544550
SGD 3.282193 3.306905