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 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.
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
FTSE Malaysia KLCI related Indicators
FTSE Malaysia KLCI
|FTSE Malaysia KLCI||KLSE||1516.52||0||0.75||1.21502||49.5276||-0.2||-3.65||-5.66||0.01432|
|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
|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|
|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 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 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|
|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 growth annual||-0.5||-3.4||-0.852941||-1.09615||-1.0||-1.0||0.166667||2021-01-01|
|government debt to gdp||60.7||52.7||0.151803||0.471872||1.0||1.0||0||2020-01-31|
|industrial production mom||-0.3||-4.5||-0.933333||-1.02055||-1.0||-1.0||0.633333||2021-05-31|
|loans to private sector||2067300||2060500||0.00330017||0.0350214||1.0||1.0||0.0166667||2021-05-31|
|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|
|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|
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 MomentumMomentum 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 trendFTSE 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 oscillatorThe 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 indicatorThe 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 returnsMacroVar 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)