FTSE Malaysia KLCI Index

FTSE Malaysia KLCI closed down by -0.2% to 1516.52 on 23 January 2021 and +-3.65% on a weekly basis. FTSE Malaysia KLCI momentum was last calculated at +0.0/100 indicating positive momentum. FTSE Malaysia KLCI trend is +75.0/100 indicating a positive trend. FTSE Malaysia KLCI momentum exhaustion is 1.21502 indicating FTSE Malaysia KLCI is oversold.FTSE Malaysia KLCI RSI is 49.5276 .

FTSE Malaysia KLCI Index Chart

FTSE Malaysia KLCI Index

FTSE Malaysia KLCI Index Statistics

MacroVar multi-factor statistical models monitor financial factors which are used to analyze and predict the FTSE Malaysia KLCI. Click here to explore the financial factors monitored and their current signals.

Click here to explore the methodology used for estimating the FTSE Malaysia KLCI trading signals presented in the FTSE Malaysia KLCI statistics table.

Security Symbol Last Momentum Trend Oscillator RSI 1D% 1W% 1M% 1Y%
FTSE Malaysia KLCI KLSE 1516.52 0 0.75 1.21502 49.5276 -0.2 -3.65 -5.66 0.01432

FTSE Malaysia KLCI closed at 1516.52 on 23 January 2021. FTSE Malaysia KLCI trend was last calculated at +75.0/100 (range: -100 to +100) indicating a positive trend based on MacroVar models. FTSE Malaysia KLCI momentum was last calculated at +0.0/100 (range: -100 to +100) indicating positive momentum. FTSE Malaysia KLCI momentum exhaustion is 1.21502 (normal range: -2.5 to +2.5, overbought values: greater than 2.5, oversold values: less than 2.5) indicating FTSE Malaysia KLCI is oversold and a possible reversal is imminent. FTSE Malaysia KLCI RSI was last calculated at 49.5276. FTSE Malaysia KLCI moving averages were last recorded as follows: 1-month moving average: 1647.71 in an uptrend , 1-quarter moving average: 1576.04 in an uptrend and 1-year moving average: 1515.32 in an uptrend. FTSE Malaysia KLCI annual return was last recorded at None%, daily return was last recorded at -0.2%, and weekly return was last recorded at -3.65%. FTSE Malaysia KLCI histrorical 20-day volatility was last recorded at 14.6225%, FTSE Malaysia KLCI alpha None, FTSE Malaysia KLCI beta None and FTSE Malaysia KLCI maximum drawdown was recorded at None%. MacroVar models monitor FTSE Malaysia KLCI statistics based on historical data since 1970.

FTSE Malaysia KLCI Index News

FTSE Malaysia KLCI Factors

FTSE Malaysia KLCI

Factor Symbol Last Value Predicted Value R2 MacroVar Signal
Malaysia PMI vs Stocks MY.FACT.STPMI 1466.46 49.5 0

FTSE Malaysia KLCI related Indicators

FTSE Malaysia KLCI

Security Type Symbol Last Momentum Trend Oscillator RSI 1D% 1W% 1M% 1Y%
Malaysia ETF Stock Index ETF EWM 25 0 0.25 1.17058 48.7994 0.32 -4.4 -11.54 -0.00315
Malaysia PMI vs Stocks Stock Index vs PMI Factor MY.FACT.STPMI 1466.46

Malaysia Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
FTSE Malaysia KLCI KLSE 1516.52 0 0.75 1.21502 49.5276 -0.2 -3.65 -5.66 0.01432
Malaysia ETF EWM 25 0 0.25 1.17058 48.7994 0.32 -4.4 -11.54 -0.00315
Malaysian Ringgit US Dollar (MYR/USD) MYRUSD 4.23 -1 -1 -1.79028 28.4713 0.7 1.67 3.11 -0.00985
Malaysia 1-year bond yield MY.1Y 1.86 -1 -1 -1.23987 37.5515 0 0 2.2 -0.43506
Malaysia 5-year bond yield MY.5Y 2.51 -1 -1 -1.23987 37.5515 0.16 -1.53 -1.57 -0.43506
Malaysia Yield Curve MY.YC 1.26 -0.5 0.25 0.97903 36.0922 -10.32 -12.2 -0.79 1.71875
Malaysia Credit Default Swaps CDS.Malaysia 49.62 -0.5 -0.75 -0.85622 46.5615 5.02 11.51 7.87 -0.03497

Malaysia Economic Indicators

Indicator Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
balance of trade 13700 20500 -0.331707 0.317308 -1.0 1.0 0.65 2021-05-31
bank lending rate 3.42 3.45 -0.00869565 -0.146067 -1.0 -1.0 0.233333 2021-05-31
banks balance sheet 2962690 2961970 0.000243081 0.0365797 1.0 1.0 0.216667 2021-05-31
business confidence 111.8 115.4 -0.0311958 0.133874 1.0 1.0 0.866667 2021-01-01
capital flows 15797 -10888 -2.45086 0.33117 1.0 1.0 0 2021-01-01
car registrations 133878 157542 -0.150208 84.2726 1.0 1.0 1 2021-04-30
cash reserve ratio 2 3 -0.333333 -0.428571 -1.0 -1.0 0.0166667 2020-03-31
central bank balance sheet 515448 514253 0.00232376 0.0669769 1.0 1.0 0.683333 2021-05-31
consumer confidence 98.9 85.2 0.160798 0.0868132 1.0 1.0 0 2021-01-01
consumer price index cpi 123.1 122.9 0.00162734 0.0467687 1.0 1.0 0.983333 2021-04-30
core inflation rate 0.8 0.7 0.142857 -0.272727 -1.0 -1.0 0 2021-05-31
current account 12294 18629 -0.340061 -0.172901 1.0 -1.0 0.483333 2021-01-01
current account to gdp 1 3.3 -0.69697 -0.94152 -1.0 -1.0 0 2020-01-31
deposit interest rate 1.96 2.98 -0.342282 -0.373802 -1.0 -1.0 0 2020-01-01
exports 92300 105620 -0.126112 0.472416 1.0 1.0 0.983333 2021-05-31
external debt 1039660 958456 0.0847238 0.174875 1.0 1.0 0.4 2020-07-01
fiscal expenditure 62200.5 53742 0.157391 0.132848 1.0 1.0 0.366667 2021-01-01
foreign direct investment 9137 6781 0.347441 -0.142404 1.0 -1.0 0 2021-01-01
foreign exchange reserves 111827 111603 0.00200711 0.0640968 1.0 1.0 0.883333 2021-05-31
gdp 336.66 364.68 -0.0768345 0.458602 1.0 1.0 0 2020-01-31
Real GDP 343067 357365 -0.0400095 0.0489966 -1.0 1.0 0 2020-07-01
gdp growth 2.7 -1.5 -2.8 1.07692 1.0 1.0 0.883333 2021-01-01
gdp growth annual -0.5 -3.4 -0.852941 -1.09615 -1.0 -1.0 0.166667 2021-01-01
gold reserves 38.88 38.9 -0.000514139 0.0332182 1.0 1.0 0.833333 2020-07-01
government budget -3.2 -3.7 -0.135135 0 1.0 -1.0 0 2019-01-31
Government budget -12673.3 23160 -1.54721 20.753 -1.0 -1.0 0.983333 2021-01-01
government debt to gdp 60.7 52.7 0.151803 0.471872 1.0 1.0 0 2020-01-31
government revenues 49527.2 76902 -0.35597 -0.0882948 -1.0 -1.0 0.0333333 2021-01-01
housing index 0.8 -0.9 -1.88889 -0.868852 -1.0 -1.0 0.0833333 2020-06-01
imports 78600 85144 -0.076858 0.503667 1.0 1.0 1 2021-05-31
industrial production 26 50.1 -0.481038 -2.17647 1.0 1.0 0.15 2021-05-31
industrial production mom -0.3 -4.5 -0.933333 -1.02055 -1.0 -1.0 0.633333 2021-05-31
inflation cpi 4.4 4.7 -0.0638298 -2.51724 1.0 1.0 0.133333 2021-05-31
interbank rate 1.94 1.94 0 0 -1.0 -1.0 0.508333 2021-06-02
interest rate 1.75 2 -0.125 -0.416667 -1.0 -1.0 0.0166667 2020-07-07
loans to private sector 2067300 2060500 0.00330017 0.0350214 1.0 1.0 0.0166667 2021-05-31
manufacturing pmi 39.9 51.3 -0.222222 -0.217647 -1.0 -1.0 0.0333333 2021-06-30
money supply m0 129997 128016 0.0154746 0.148079 1.0 1.0 0.833333 2021-05-31
money supply m1 551624 551531 0.000168622 0.150607 1.0 1.0 0.833333 2021-05-31
money supply m2 2076560 2073630 0.00141298 0.0381969 1.0 1.0 0.133333 2021-05-31
money supply m3 2082750 2078980 0.00181339 0.0378929 1.0 1.0 0.15 2021-05-31
Producer Price Index 111.6 110.5 0.00995475 0.119358 1.0 1.0 1 2021-05-31
PPI Index 11.9 10.6 0.122642 -3.975 1.0 1.0 0.166667 2021-06-30
retail sales MoM -2.2 -1.5 0.466667 -1.07213 -1.0 -1.0 0.183333 2021-05-31
retail sales yoy 17.3 56.4 -0.693262 -2.0679 1.0 1.0 0.1 2021-05-31
unemployment rate 4.5 4.6 -0.0217391 -0.150943 -1.0 -1.0 0.0166667 2021-05-31

FTSE Malaysia KLCI Trading Signals


MacroVar estimates the following signals: FTSE Malaysia KLCI momentum, FTSE Malaysia KLCI trend, FTSE Malaysia KLCI oscillator, FTSE Malaysia KLCI RSI and FTSE Malaysia KLCI returns.

FTSE Malaysia KLCI Momentum

Momentum trading is used to capture moves in shorter timeframes than trends. Momentum is the relative change occurring in markets. Relative change is different to a trend. A long-term trend can be up but the short-term momentum of a specific market can be 0. If a market moves down and then moves up and then moves back down the net relative change in price is 0. That means momentum is 0. A short-term positive momentum, with a long-term downtrend results in markets with no momentum.

MacroVarFTSE Malaysia KLCI momentum signal ranges from -100 to +100. The FTSE Malaysia KLCI momentum signal is derived as the mean value from 4 calculations for the FTSE Malaysia KLCI. The timeframes monitored are the following: 1 Day (1 trading day), 1 Week (5 trading days), 1 Month (20 trading days), 3 Months (60 trading days)
For each timeframe, the following calculations are performed: 1. FTSE Malaysia KLCI return is calculated for the specific timeframe and 2. if the return calculated is higher than 0, signal value output is 1 else signal value is -1. FTSE Malaysia KLCI Index momentum signal is the aggregate of the the 4 values. A technical momentum rollover is identified when FTSE Malaysia KLCI momentum signal moves from positive to negative value or vice-versa.

FTSE Malaysia KLCI trend

FTSE Malaysia KLCI trend signal ranges from -100 to +100. FTSE Malaysia KLCI trend indicator is the mean value of the 8 calculations described below. The timeframes monitored are the following: 1-month (20 trading days), 3-months (60 trading days), 6-months (125 trading days), 1-year (250 trading days)
For each timeframe, the following calculations are performed: 1. FTSE Malaysia KLCI Closing price vs FTSE Malaysia KLCI moving average (MA) calculation: If FTSE Malaysia KLCI is greater than FTSE Malaysia KLCI MA value is +1, else -1, 2. FTSE Malaysia KLCI Moving average slope calculation: if current FTSE Malaysia KLCI moving average is higher than the previous MA, FTSE Malaysia KLCI upward slope +1, else -1
FTSE Malaysia KLCI trend model can be used as a trend strength indicator. FTSE Malaysia KLCI trend strength values ranging between +75 and +100 or -75 and -100 show strong trend strength.
A technical trend rollover is identified when FTSE Malaysia KLCI trend strength indicator moves from positive to negative value or vice-versa.

The most important trend indicator
The FTSE Malaysia KLCI 52-week simple moving average and its slope are the most important indicators defining a market’s trend. FTSE Malaysia KLCI is in an uptrend when FTSE Malaysia KLCI price is higher than the 52-week moving average and the FTSE Malaysia KLCI 52-week moving average has an upward slope. If fundamentals of the market have not changed and the moving average slope is still in uptrend, a price drop signifies a market correction and not a change of trend. Traders should watch oscillators like the FTSE Malaysia KLCI oscillator and FTSE Malaysia KLCI RSI to buy the dip and still follow the trend. The moving average slope turn signifies a change of trend.

FTSE Malaysia KLCI oscillator

The FTSE Malaysia KLCI oscillator estimated by MacroVar is the z-score of the current FTSE Malaysia KLCI price versus FTSE Malaysia KLCI 1-year simple moving average price. The formula for the FTSE Malaysia KLCI oscillator is:
FTSE Malaysia KLCI oscillator = (Current Price – 250 trading days FTSE Malaysia KLCI simple moving average price) / (250 days FTSE Malaysia KLCI price standard deviation)

FTSE Malaysia KLCI oversold conditions
FTSE Malaysia KLCI is oversold when it is subject to a persistent downward pressure due to extreme fund outflows. When the FTSE Malaysia KLCI is oversold it is often due for a rebound. Values of the FTSE Malaysia KLCI oscillator lower than -2.5 signify oversold conditions. It must be noted that the FTSE Malaysia KLCI oscillator must be analyzed ibn conjunction with the rest of FTSE Malaysia KLCI quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the FTSE Malaysia KLCI RSI.
FTSE Malaysia KLCI overbought conditions
FTSE Malaysia KLCI is overbought when it is subject to a persistent upward pressure due to extreme fund inflows. When the FTSE Malaysia KLCI is overbought it is often due for a correction. Values of the FTSE Malaysia KLCI oscillator higher than +2.5 signify overbought conditions. It must be noted that the MacroVar oscillator must be compared to the rest of the FTSE Malaysia KLCI quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the RSI.

FTSE Malaysia KLCI RSI indicator

The RSI indicator measures the speed and change of price movements. The RSI indicator oscillates between 0 and 100. RSI is a useful indicator during normal trending market conditions when an asset price oscillates around its trend value. During big moves and strong trends however, like short squeezes or price spikes RSI and other oscillators don’t work.
During normal trend market conditions and when FTSE Malaysia KLCI is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. During FTSE Malaysia KLCI uptrend, RSI values of 40 to 50 signify oversold conditions before the uptrend is ready to resume. It is strongly not recommended to enter a position when the RSI is “overbought” and falling or vice versa.

FTSE Malaysia KLCI returns

MacroVar calculates FTSE Malaysia KLCI returns for the following timeframes: Daily, Weekly, Monthly, Yearly. The formula for calculating returns is:

FTSE Malaysia KLCI returns = (FTSE Malaysia KLCI Closing Price – FTSE Malaysia KLCI Previous Price)/(FTSE Malaysia KLCI Previous Price)
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