Technical stockpick - Kelington Group Bhd
Mon, 25-Aug-2025 07:03 am
by Research Team • Apex Research

KGB (0151)
Last Price (RM)
4.83
Resistance (RM)
R1 — 5.100 / R2 — 5.300
Support (RM)
S1 — 4.670

Technical Commentary: 

The stock has consolidated within a narrow range since the start of the year, closely tracking its EMA20. A sharp selloff in April produced a bearish marubozu, but subsequent buying support saw the stock bottom out and rebound into an uptrend. Recently, it staged a breakout above the key resistance level at RM 4.67, confirming renewed bullish momentum. Sustained strength above this would keep the uptrend intact, with the next resistance levels at RM5.10 and RM5.30. Immediate support lies at RM4.67.

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.209019 4.241387
EUR 4.930101 4.933938
CNY 0.592333 0.592792
HKD 0.540178 0.543866
SGD 3.276713 3.298990