Technical Stockpick - Paragon Union Bhd
Wed, 12-Nov-2025 07:32 am
by Research Team • Apex Research

PARAGON (9407)
Last Price (RM)
2.99
Resistance (RM)
R1 — 3.10 / R2 — 3.20
Support (RM)
S1 — 2.92

Technical Commentary:

The counter maintains a constructive momentum, advancing toward the RM3.00 breakout threshold amid rising volume that reflects renewed buying interest. Both the 9-day and 20-day EMAs continue to trend higher, reinforcing the bullish setup. A breakout above RM3.00 could accelerate upside toward RM3.10 and RM3.20 resistance zones, while immediate support at RM2.92 serves as the near-term pivot.

Read more details in:

Disclaimer

The report is for internal and private circulation only and shall not be reproduced either in part or otherwise without the prior written consent of Apex Securities Berhad. The opinions and information contained herein are based on available data believed to be reliable. It is not to be construed as an offer, invitation or solicitation to buy or sell the securities covered by this report.

Opinions, estimates and projections in this report constitute the current judgment of the author. They do not necessarily reflect the opinion of Apex Securities Berhad and are subject to change without notice. Apex Securities Berhad has no obligation to update, modify or amend this report or to otherwise notify a reader thereof in the event that any matter stated herein, or any opinion, projection, forecast or estimate set forth herein, changes or subsequently becomes inaccurate.

Apex Securities Berhad does not warrant the accuracy of anything stated herein in any manner whatsoever and no reliance upon such statement by anyone shall give rise to any claim whatsoever against Apex Securities Berhad. Apex Securities Berhad may from time to time have an interest in the company mentioned by this report. This report may not be reproduced, copied or circulated without the prior written approval of Apex Securities Berhad.

Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.111095 4.143895
EUR 4.789157 4.798654
CNY 0.581054 0.581649
HKD 0.528955 0.533187
SGD 3.160793 3.186131