UMS Integration Shares Likely to Extend Gains -- Market Talk

Dow Jones02-12

0047 GMT - UMS Integration's share price could extend gains, based on technical analysis, Phillip Securities Research's Zane Aw says in a commentary. On Wednesday, the share price broke out to the upside from a bullish flag pattern between S$1.25 and S$1.35, which it had been trading in since mid-January, the analyst notes. The moving average convergence divergence indicator is also showing an increasing momentum trend, which supports the bullish continuation view, he says. The share price is expected to extend the uptrend to S$1.45, the analyst adds. Shares last closed at S$1.38. (ronnie.harui@wsj.com)

 

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February 11, 2026 19:47 ET (00:47 GMT)

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