Technical Stockpick - Maxis Bhd
Thu, 16-Oct-2025 07:44 am
by Research Team • Apex Research

MAXIS (6012)
Last Price (RM)
3.80
Resistance (RM)
R1 — 3.90 / R2 — 4.04
Support (RM)
S1 — 3.72

Technical Commentary:

The stock bottomed near RM3.05 before gradually strengthening and forming an uptrend between mid-March and April. This was followed by a consolidation phase that persisted until October. Recently, it broke above the RM3.72 resistance level with a strong bullish candle and heightened trading volume, signalling renewed upward momentum. The next resistance is identified at RM3.90–RM4.04, while immediate support is now located at RM3.72.

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.212894 4.246402
EUR 4.925348 4.934954
CNY 0.592662 0.593823
HKD 0.542079 0.546393
SGD 3.250847 3.276896