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IJM Corporation Berhad is trading between RM2.20 and RM2.35 with a mild upward trend, supported by strong infrastructure spending (ECRL, NIMP 2030). Technical indicators are neutral to slightly bullish. Key resistance is RM2.35; support at RM2.20.
IJM Corporation Berhad is currently in a consolidation phase, with short-term upside potential if it breaks above key resistance with strong volume. However, if indicators like RSI signal overbought conditions, a pullback may follow. Positive news, such as new project wins or government infrastructure support, could boost the stock. Overall, short-term performance depends on technical signals and market sentiment.
IJM Corporation Berhad (IJM) currently shows a bullish short-term trend, with the stock trading above key moving averages and supported by strong volume and positive MACD signals. The RSI is nearing the overbought zone, suggesting some caution is needed. Potential catalysts include infrastructure project momentum and contract awards. Key support lies around RM2.15, while a breakout above RM2.40 could signal further upside. Overall, the short-term outlook is positive, but watch for signs of a pul
