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

PARAGON (9407)
Last Price (RM)
3.180
Resistance (RM)
R1 — 3.250 / R2 — 3.400
Support (RM)
S1 — 3.000

Technical Commentary: 

The stock underwent a brief consolidation before gaining momentum in June, trading firmly above its long-term moving averages. This upward bias later paused as the price moved into a range-bound phase. Recently, the stock has regained strength and broken above the RM3.10 resistance level, which now acts as near-term support. Immediate upside targets are RM3.25 and RM3.40, while downside risk remains limited as long as prices stay above the RM3.00 support.

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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