Technical Stockpick - Kuala Lumpur Kepong Bhd
Mon, 17-Nov-2025 07:31 am
by Research Team • Apex Research

KLK (2445)
Last Price (RM)
21.260
Resistance (RM)
R1 — 21.600 / R2 — 21.800
Support (RM)
S1 — 21.000

Technical Commentary:

Momentum turned constructive in late August as price stabilised and inched above the short-term EMAs, with a stronger bullish shift from late September as higher lows formed and the stock climbed f irmly above the EMA9 and EMA20 before breaking the 200-day SMA. It now hovers near immediate resistance at RM21.40. A decisive breakout above this level may pave the way toward RM21.60 and RM21.80 resistance levels, while support is at RM21.00.

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 4.133826 4.166633
EUR 4.811981 4.816870
CNY 0.583469 0.584053
HKD 0.531997 0.535726
SGD 3.176644 3.198993