Technical Stockpick - Gamuda Bhd
Thu, 07-Aug-2025 07:49 am
by Research Team • Apex Research

GAMUDA (5398)
Last Price (RM)
5.510
Resistance (RM)
R1 — 5.700 / R2 — 5.900
Support (RM)
S1 — 5.320

Technical Commentary: 

After peaking in early 2025, the stock underwent correction a sharp before entering a consolidation phase. After briefly dipping below the SMA200, it stabilised above RM3.59. A new uptrend has emerged, with the price now trading above all key moving averages. A breakout above RM5.32 has occurred recently, with the next resistance levels seen at RM5.70–RM5.90. On the downside, support is pegged at RM5.32.

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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