Technical Radar - REDtone Digital Berhad
Wed, 23-Sep-2026 07:32 am
by Research Team • Apex Research

REDTONE (0032)
Last Price (RM)
0.40
Resistance (RM)
R1 — 0.44 / R2 — 0.48
Support (RM)
S1 — 0.38

Technical Commentary:

REDTONE has sustained above the RM0.385 resistance it broke in mid September, closing at RM0.400 after hitting a fresh high of RM0.410 on nearly twice its average trading volume. The stock has regained its SMA200 while the MACD holds above its signal line, though the RSI at 78.6 leaves it deeply overbought following the recent run.

We expect further upside towards RM0.440 and RM0.480, while the stoploss is set at RM0.380.

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.059912 4.092391
EUR 4.674546 4.683843
CNY 0.608571 0.609185
HKD 0.517481 0.521624
SGD 3.182535 3.208138