Technical view:

Reviewing from the daily technical chart, AEMULUS’s stock price rebounded from SMA200 line with higher low at RM0.320 two weeks ago and stayed at the initial stage of markup phase. The short term consolidation from the high level at RM0.355 to as low as RM0.330 within last one week. Let’s monitor for the stock price to stay above RM0.355 to initiate early uptrend. The short term EMA lines, are yet to turn into uptrend order but close to turning point, are riding above medium term EMA lines which arranged in uptrend order. Currently, the stock price is riding above all EMA lines which are riding above rounding bottom and gradual rising SMA200 line. This indicates that the stock price is preparing to initiate its initial uptrend at the initial stage of its markup phase;

If the stock price could breakout and stay above RM0.355 for higher high with trending momentum and increasing volume, then let’s monitor for the next possible short-term targets around RM0.355, 0.365, 0.375, 0.385, 0.410, 0.420, 0.445, 0.455, 0.470, and 0.480. Long term investors may prospect for possible long-term targets to challenge around RM0.500, 0.560, 0.605, 0.650, 0.685, 0.700, 0.730, 0.765, and 0.810;

Should the new higher high beyond RM0.355 be successful, trailing stop with EMA20 or EMA30 line, or if the stock price were to pullback unexpectedly, put the short-term stop loss below RM0.330 or worst case below RM0.320;

The secondary indicators like MACD, DMI and RSI are at early good junctures that may biased to lead the stock price for further rebound and are preparing to initiate its initial uptrend at the initial stage of its markup phase;

XChart’s Trade Signal has been triggering 1 real time in both sessions as shown above indicating the stock on “CB05: Uptrend Pullback Rebound’;

XChart’s Stock Analyser as shown above is fundamentally PFS9=1 indicates FA is very bad, but technically TAS20>45% indicates that the stock price may biased for further rebound and is preparing to initiate its initial uptrend at the initial stage of its markup phase;

Fundamental:

AEMULUS HOLDINGS BERHAD (AEMULUS, 0181) is listed under ACE market’s Technology Sector.

Principal Products / Services:

Automated test equipment and test and measurement instruments.

Financial ratios:

TTM Q1-Dec-2024: PBR=1.73, EPSG=2.68%, NGR=0.06, DER-ST=0.16, TLER=0.34;