Technical Stockpick - Shangri-La Hotels Malaysia Bhd
Fri, 10-Apr-2026 07:28 am
by Research Team • Apex Research

SHANG (5517)
Last Price (RM)
1.74
Resistance (RM)
R1 — 1.92 / R2 — 1.99
Support (RM)
S1 — 1.67

The stock is showing signs of stabilisation after its recent retracement, with short-term indicators turning positive as the RSI ticks up from near-oversold levels. It managed to break above the short-term downtrend line.

 

We are targeting RM1.92. A break above this level would trigger further upside towards RM1.99, while RM1.67 is expected to serve as near-term support.

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 3.968333 3.995351
EUR 4.643853 4.652257
CNY 0.581887 0.582377
HKD 0.506224 0.510203
SGD 3.109463 3.134002