ThaiBev (SGX: Y92) — daily chart
The near-term trend is weak. The chart shows a fall from about S$0.475 in late August to S$0.435 on 28 September. The rebounds along the way have stalled at progressively lower prices. The latest candle closed near its low, so the chart does not yet show a convincing reversal. The S$0.435 price is also shown by a market data page updated on 28 September.
| Level | What to watch |
|---|---|
| S$0.430–0.425 | Immediate support; a daily close below it would weaken the chart further |
| S$0.410 | Next visible support |
| S$0.445–0.455 | Resistance; reclaiming this area would be the first useful sign of recovery |
| S$0.470–0.475 | August highs and stronger resistance |
My read: cautious bearish, confidence 6/10. Price is close to support, but being near support alone is not evidence that it will hold. The chart has volume bars, but no visible momentum indicator to confirm a turn.
Conditional trade summary: Buying Y92 only after a daily close above S$0.450 because that would begin to reclaim broken support, with a hypothetical stop at S$0.435 and target at S$0.475 for roughly 1.7:1 reward to risk, assuming an entry at S$0.450. Before acting, check the actual entry price, whether the close holds, and whether volume supports the move.
Disclaimer:Please note that this analysis is for educational purposes only and should not be taken as investment advice. Trading involves significant risk, and you should consult with a financial advisor before making any decisions.
Dividend: 5.75%
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