Technical Stockpick - IJM Corp Bhd
Thu, 30-Oct-2025 07:23 am
by Research Team • Apex Research

IJM (3336)
Last Price (RM)
2.64
Resistance (RM)
R1 — 2.9 / R2 — 3.1
Support (RM)
S1 — 2.53

Technical Commentary:

The stock bottomed near the RM1.80 level in April and subsequently staged a four-month impulsive advance, peaking around RM3.10 in August. It is now consolidating just below its short-term resistance at RM2.68. A decisive breakout above this level would reaffirm the prevailing uptrend and pave the way toward RM2.90 and RM3.10 resistance levels, while immediate support is identified at RM2.53.

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.183360 4.212600
EUR 4.873028 4.878308
CNY 0.589871 0.590472
HKD 0.538522 0.542295
SGD 3.220053 3.242721