Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
As of April 18, 2025, Scientex Berhad (KLSE: SCIENTX) is experiencing a short-term bearish trend. Technical indicators from TradingView signal a “strong sell” for the upcoming week, with a one-month outlook also leaning towards a “sell” recommendation. 
Recent technical metrics highlight this downward momentum:
• MACD (26 vs 12): -0.113
• 5-day EMA: RM3.33
• 20-day EMA: RM3.47
• 90-day EMA: RM3.87
• Relative Strength Index (14): 36, indicating the stock is approaching oversold territory.   
Despite the current technical indicators, some analysts view Scientex as undervalued in the long term. A recent analysis estimates its fair value at RM6.30, suggesting a potential upside of approximately 47% from its current price of RM3.33. 
In summary, while short-term technical signals point to a bearish trend, long-term fundamentals may offer a more optimistic outlook. Investors should consider both perspectives when making decisions.
Analyst call of TP RM6.30 is ludicrous and dumbest thing I've heard all month, ha ha In the best of years, it could not even cross the RM5 mark. With rising cost of construction & production and intense competition, it no longer has the competitive edge it used to have.