Malaysia Airports Holdings Weekly HEFFX Highlights: $7.8 Target

Malaysia Airports Holdings Weekly HEFFX Highlights: $7.8 Target

Malaysia Airports Holdings Berhad is an investment holding company. The Company operates through the segments, which include Malaysia Operations and Overseas Operations. Its Malaysia Operations segment includes duty free and non-dutiable goods, airport services, agriculture and horticulture, hotel, and project and repair maintenance services. Its Overseas Operations segment includes project and repair maintenance, and airport services. It provides management service in respect of food and beverage outlets at designated airports. It manages, operates and maintains designated airports in Malaysia and provides airport related services. It cultivates and sells oil palm and other agricultural products. It manages and operates a hotel, Sama-Sama Hotel and Sama-Sama Express K.L. International Airport. It is also engaged in providing consultancy, operations and maintenance of information and communication technology business ventures, and provision of mechanical and electrical engineering.

Malaysia Airports news:

Malaysia Airports Holdings (MAHB) has appointed Mohd Shukrie Mohd Salleh (pictured) as COO, adding that he will be “instrumental” in overseeing and driving strategies concerning airport operations, airport safety and security, as well as MAHB’s consultancy services for overseas airport operations and management, among others.

KUALA LUMPUR, April 12 — Malaysia Airports Holdings Bhd’s (MAHB) operating agreements (OA) have been extended until Feb 11, 2069.
In announcing the news at the Parliament earlier today, Transport Minister Anthony Loke said the extension replaced the airport operator’s previous two OAs signed on Feb 12, 2009 with four new OAs — OA for KLIA, Sarawak and Sabah airports, as well as for designated airports in Peninsula Malaysia.

Overall, the bias in prices is: Upwards.

Short term: Prices are moving.

Intermediate term: Prices are ranging.

The projected upper bound is: 7.94.

The projected lower bound is: 7.24.

The projected closing price is: 7.59.

MALAYSIA AIRPORT closed unchanged at 7.600. Volume was 3% above average (neutral) and Bollinger Bands were 76% wider than normal.


Technical Outlook
Short Term: Overbought
Intermediate Term: Bullish
Long Term: Bearish

Moving Averages:10-period50-period200-period

Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.


MALAYSIA AIRPORT is currently 7.8% below its 200-period moving average and is in an upward trend. Volatility is high as compared to the average volatility over the last 10 periods. Our volume indicators reflect volume flowing into and out of MAHB.KL at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bullish on MAHB.KL and have had this outlook for the last 6 periods.


Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.

Stochastic Oscillator

One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 81.4433. This is an overbought reading. However, a signal is not generated until the Oscillator crosses below 80 The last signal was a buy 13 period(s) ago.

Relative Strength Index (RSI)

The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 63.64. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a buy 11 period(s) ago.

Commodity Channel Index (CCI)

The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is 75. This is not a topping or bottoming area. The last signal was a sell 1 period(s) ago.


The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a buy 10 period(s) ago.


A white body occurred (because prices closed higher than they opened).
During the past 10 bars, there have been 6 white candles and 3 black candles for a net of 3 white candles. During the past 50 bars, there have been 19 white candles and 26 black candles for a net of 7 black candles.

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John Heffernan

John Heffernan is a Junior Analyst at HEFFX. John is studying Economics and is a contributor on equities at Live Trading News.

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