In today’s fast-paced stock market, understanding the subtle cues of technical analysis is key to smart investing.
In this article, we’re highlighting Aztech Global Ltd (SGX: 8AZ) and UMS Holdings Ltd (SGX:558), both of whose price movements indicate a bearish reversal in the making.
Below are some key highlights from the technical reports:
Aztech Global Ltd
- Market Position: Aztech Global is designated as a ‘Technical Sell’ at the last price of S$0.965.
- Entry Prices and Support Levels: Suggested entry prices are S$0.965, S$1.00 and S$1.05, with key supports at S$0.885 and S$0.805.
- Stop Loss and Resistance Levels: A stop loss is advised at S$1.09, with resistance points at S$0.990 and S$1.08.
- Target Prices: The analysis sets target prices at S$0.905, S$0.870, S$0.840, and S$0.800.
- Company Overview: Aztech Global provides design and manufacturing services, with its key products being IoT Devices, data-communication products, and LED lighting products.
For a more detailed analysis, click on the link to access the report.
UMS Holdings Ltd
- Market Position: UMS Holdings is designated as a ‘Technical Sell’ at the last price of S$1.30.
- Entry Prices and Support Levels: Suggested entry prices are S$1.30, S$1.36 and S$1.47, with key supports at S$1.26 and S$1.20.
- Stop Loss and Resistance Levels: A stop loss is advised at S$1.60, with resistance points at S$1.35 and S$1.20.
- Target Prices: The analysis sets target prices at S$1.20, S$1.14, S$1.10, and S$1.07.
- Company Overview: UMS Holdings provides equipment manufacturing and engineering services to original equipment manufacturers (OEMs) of semiconductors and related products.
For a more detailed analysis, click on the link to access the report.
Take advantage of the stock momentum
Our goal is simple: to provide you with clear, actionable insights from the complex world of stock charts and trends. Whether you’re a seasoned investor or just starting out, our analysis is designed to help you navigate the market with confidence.
Please refer to the attached report for the disclaimer.
