Technical Analysis – 17 February 2023
United States | Singapore | Hong Kong
Martin Marietta Materials Inc (MLM US)
- Shares gapped up and closed at a high since April 2022 above the 5dEMA with a jump in volume.
- MACD is constructive and RSI is positive.
- Long – Entry 378 Target 390 Stop 372
Lululemon Athletica Inc (LULU US)
- Shares closed at a one-month high above the 200dEMA with rising volume. The 5dEMA crossed the 50dEMA.
- MACD and RSI are constructive.
- Long – Entry 322, Target 340, Stop 313
Frencken Group Ltd. (N28 SP)
- Shares closed above the 200dEMA today, with a surge in volume.
- MACD is about to turn positive, RSI is constructive.
- Long – Entry 1.20, Target 1.30, Stop 1.15
UMS Holdings Ltd. (558 SP)
- Shares closed higher today, above the 5dEMA.
- RSI is constructive.
- Long – Entry 1.15, Target 1.25, Stop 1.10
Jiumaojiu International Holdings Ltd (9922 HK)
- Shares closed above the 20dEMA with rising volume. The 5dEMA crossed the 50dEMA.
- RSI is constructive and MACD is positive.
- Long – Entry 20.16, Target 22.00, Stop 19.24
Prudential PLC (2378 HK)
- Shares closed above the 5dEMA with high volume. The 5dEMA crossed the 20dEMA.
- RSI is constructive, while MACD is negative.
- Long – Entry: 124.3, Target: 135.0 Stop: 119.0
