YTL Corporation Bhd (KLSE:YTL) Dispute Settled

YTL Corporation Bhd (KLSE:YTL) Dispute Settled

YTL Corporation Bhd (KLSE:YTL) Dispute Settled

  • TNB settles dispute with YTL Power
  • Tenaga inks new deal with YTL Power
  • YTL Power impasse ends
  • TNB signs new deals to extend YTL Power’s Paka plant ops
  • YTL Hotels launches new direct booking portal

YTL Corporation Berhad is a Malaysia-based investment holding and management company. The Company’s segments include Construction, Information technology & e-commerce related business, Hotel operations, Cement manufacturing & trading, Management services & others, Property investment & development, and Utilities. The Company operates business in the three primary geographic areas: Malaysia, the United Kingdom and Singapore. It has water and sewerage operations in the United Kingdom. It operates power generation and merchant multi-utilities businesses in Singapore. The Company’s cement plant in Pahang has a capacity of 5,000 tons of cement per day. It is focused on construction projects, such as The Fennel at Sentul East, Shorefront in Penang, Dahlia in Ipoh and 3 Orchard-By-The-Park in Singapore. In its Operation & Maintenance (O&M) division, it provides condition-monitoring services for its power stations, cement plants and the Express Rail Link (ERL).

Overall, the bias in prices is: Sideways.

Short term: Prices are stalling.

Intermediate term: Prices are ranging.

The projected upper bound is: 1.54.

The projected lower bound is: 1.48.

The projected closing price is: 1.51.

YTL CORPORATION closed unchanged at 1.510. Volume was 25% below average (neutral) and Bollinger Bands were 33% wider than normal.

Open      High       Low        Close     Volume
1.510      1.520      1.500      1.510      5,039,700

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

Moving Averages: 10-period       50-period      200-period
Close:                       1.50                 1.49                1.59
Volatility:                13                     13                   20
Volume:                  5,842,990      7,312,668      8,015,256

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.

YTL CORPORATION is currently 4.8% below its 200-period moving average and is in an upward trend. Volatility is extremely high when compared to the average volatility over the last 10 periods. There is a good possibility that volatility will decrease and prices will stabilize in the near term. Our volume indicators reflect volume flowing into and out of YTLS.KL at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bullish on YTLS.KL and have had this outlook for the last 4 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 64.2857. This is not an overbought or oversold reading. The last signal was a sell 0 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 57.47. 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 43 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 79. 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 8 period(s) ago.

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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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