Technical Stockpick - Axiata Group Bhd
Thu, 20-Nov-2025 07:12 am
by Research Team • Apex Research

AXIATA (6888)
Last Price (RM)
2.760
Resistance (RM)
R1 — 2.900 / R2 — 3.000
Support (RM)
S1 — 2.600

Technical Commentary: 

The stock spent the earlier months building momentum above its long term moving averages before entering a consolidation phase from late July through November. It has now broken above the RM2.70 level, signalling a mild shift in market sentiment and establishing this area as immediate support. With the current price at RM2.76, the stock appears poised to trend towards RM2.90 and subsequently RM3.00. Downside risks remain contained as long as prices stay above the RM2.60 support zone.

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.144070 4.176994
EUR 4.790696 4.800157
CNY 0.584163 0.584752
HKD 0.532153 0.536404
SGD 3.170633 3.196101