Technical Stockpick - Petronas Chemical Group Bhd
Fri, 06-Mar-2026 07:30 am
by Research Team • Apex Research

PCHEM (5183)
Last Price (RM)
3.55
Resistance (RM)
R1 — 3.90 / R2 — 4.18
Support (RM)
S1 — 3.29

Technical Commentary:

Following a prolonged downtrend, PCHEM is showing signs of base formation after reclaiming the EMA 9 and EMA 20 near the RM3.00 level. With the MACD registering a bullish crossover, a breakout above RM3.68 could drive the price towards RM3.90 and RM4.18. Immediate support is seen at RM3.29.

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 3.932397 3.958139
EUR 4.583468 4.586119
CNY 0.572032 0.572355
HKD 0.502650 0.505949
SGD 3.080534 3.100920