Broker Name: Lim & Tan Securities
Date of Report: 09 February 2026
Excerpt from Lim & Tan Securities report.
Report Summary
- Sembcorp Industries is forecasted to be bullish in the short term, with technical indicators such as a bullish MACD crossover and an RSI of 55, suggesting further upside before reaching overbought territory.
- Near-term resistance is at S\$6.39, with support at S\$5.96; medium-term price movement is expected to be sideways, while long-term outlook remains bullish with resistance at S\$7.00 and support at S\$5.60.
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