MNRB Holdings Bhd

continues to struggle against the 200-day simple moving average (SMA), amid the consolidation pressure.

However, the share's slow-stochastic has retraced higher from oversold levels following the decline in the closing days of August.

The growing momentum on the technical indicator could see the share surpass a recent high of RM2.11 to resume a rally. Higher resistance can be seen at RM2.55.

Other technical indicators remain robust, including the 14-day relative strength index (RSI) at 60 points and the daily moving average convergence/divergence (MACD) histogram, which continues to chart positive momentum.

Support is pegged to RM1.90 and RM1.66.

Sunway Real Estate Investment Trust

, hit with selling pressure in the closing week of August, continues to hover near the 100-day SMA line.

The correction phase is showing signs of having ended, given the rising momentum of the technical indicators and pick up in buying interest yesterday.

The slow-stochastic is making its way to the midline of 50 points, while the RSI is growing stronger at 38 points.

The MACD histogram remains in negative territory but is showing some signs of improvements.

Resistance levels can be found at RM2.15 and RM2.32, while support is seen at RM1.94 and RM1.65.

Genting Malaysia Bhd

is searching for fresh catalysts to break out of a price cap of RM2.08.

A positive breach of the resistance could see the share attempt to close the gap left behind in February, when the the share embarked on a steep correction. Next resistance can be seen at RM2.42.

There is some optimism in the technical indices. The slow-stochastic is rising at 60 points while the RSI has climbed to 58 points – both strong levels of momentum.

The MACD histogram, meanwhile, is gaining some bullish speed as it charts higher positive bars.

Support can be found at RM1.89 and RM1.46.

The comments above do not represent a recommendation to buy or sell.