Technical Stockpick : Bermaz Auto Bhd
Mon, 16-Feb-2026 07:36 am
by Research Team • Apex Research

BAUTO (5248)
Last Price (RM)
0.86
Resistance (RM)
R1 — 1.00 / R2 — 1.18
Support (RM)
S1 — 0.78

Technical Commentary:

 

Following a downtrend that ended in December, price has been on an uptrend since the start of 2026 before consolidating around the high of RM0.835 with support pegged at the close of RM 0.78. An uptrend continuation could lead into a test of the support-turned-resistance at RM 1.00. Traders may monitor a breakout above this level with the next resistance at RM 1.18. Should bias turn neutral, a new price range bounded by RM1.00 and RM1.18 could occur. 

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Market Mover
Settlement Rates
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USD 3.892893 3.924238
EUR 4.633619 4.638750
CNY 0.565421 0.566170
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