Technical Stockpick - United Plantations Bhd
Wed, 19-Nov-2025 07:15 am
by Research Team • Apex Research

UTDPLT (2089)
Last Price (RM)
27.040
Resistance (RM)
R1 — 27.800 / R2 — 28.900
Support (RM)
S1 — 25.360

Technical Commentary: 

The stock spent several months in a prolonged consolidation phase while holding firmly above the SMA 200, before gradually transitioning into an uptrend. It has now entered a strong breakout phase on rising volume, with the move above RM26.28 signalling a clear shift in sentiment and establishing this level as near-term support. The breakout positions the stock for potential upside toward RM27.80 and RM28.90. On the downside, risk remains contained as long as prices hold above RM25.36.

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.146720 4.179672
EUR 4.822170 4.827051
CNY 0.584978 0.585561
HKD 0.532842 0.536581
SGD 3.184457 3.206868