Technical Radar - Edelteq Holdings Bhd
Wed, 28-Oct-2026 06:58 am
by Research Team • Apex Research

EDELTEQ (0278)
Last Price (RM)
0.415
Resistance (RM)
R1 — 0.465 / R2 — 0.510
Support (RM)
S1 — 0.390

Technical Commentary:

Edelteq staged a strong rally on 8 October, breaking above its long-term downtrend line. The stock is now consolidating within a falling wedge pattern and retesting the breakout area, with the EMA9 and EMA20 acting as key near-term levels to sustain bullish momentum. The MACD remains in positive territory despite easing from its recent peak, while the RSI is holding above 50, suggesting that the underlying momentum remains constructive.

We expect further upside towards RM0.465 and RM0.51, while the stop-loss is set at RM0.39.  

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.072837 4.105410
EUR 4.553491 4.558058
CNY 0.613003 0.613635
HKD 0.519427 0.523070
SGD 3.179278 3.201684