Petron Malaysia Refining & Marketing (3042.KL) Technical Analysis
As of 2026-07-22, 3042.KL last traded at 3.6 MYR (+1.12% on the day) and is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Nearest levels: 3.48 MYR support below, 3.815 MYR resistance above. 14-day RSI is 71.7 (overbought).
Last updated 2026-07-22 · Source: FMP end-of-day prices (adjusted); indicators computed by SniperIQ
Is 3042.KL in an uptrend or downtrend?
Petron Malaysia Refining & Marketing is in a downtrend — price below falling 50-DMA, 50-DMA below 200-DMA.
| Last close | 3.6 MYR (+1.12%) |
|---|---|
| 20-day average | 3.487 MYR |
| 50-day average | 3.842 MYR |
| 200-day average | 4.039 MYR |
Key support and resistance levels for 3042.KL
Derived from swing pivots over the last 200 sessions:
| Level | Type | Strength | Touches |
|---|---|---|---|
| 3.815 MYR | Resistance | Moderate | 2 |
| 3.87 MYR | Resistance | Minor | 1 |
| 3.925 MYR | Resistance | Strong | 4 |
| Level | Type | Strength | Touches |
|---|---|---|---|
| 3.48 MYR | Support | Minor | 1 |
| 3.38 MYR | Support | Minor | 1 |
3042.KL 52-week range, momentum and volatility
| 52-week high | 5.15 MYR (30.1% below) |
|---|---|
| 52-week low | 3.38 MYR (6.5% above) |
| 14-day RSI | 71.7 (Overbought) |
| 14-day ATR | 0.077 MYR (2.14% of price, Moderate volatility) |
Related research pages
Frequently asked questions
Is Petron Malaysia Refining & Marketing (3042.KL) in an uptrend or downtrend?
As of 2026-07-22, 3042.KL is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Last close 3.6 MYR vs 50-day average 3.842 MYR and 200-day average 4.039 MYR.
What are the key support and resistance levels for 3042.KL?
Nearest support is around 3.48 MYR (minor, 1 touch). Nearest resistance is around 3.815 MYR (moderate). Levels are derived from swing pivots over the last ~200 sessions.
What is 3042.KL's 52-week high and low?
Over the last 52 weeks, 3042.KL traded between 3.38 MYR and 5.15 MYR. It is currently 30.1% below its 52-week high.
Is 3042.KL overbought or oversold?
The 14-day RSI is 71.7 — in overbought territory (>70). Momentum reads as overbought.
How volatile is 3042.KL?
Its 14-day Average True Range is 0.077 (2.14% of price) — moderate volatility relative to price.