Keppel Ltd – Lim & Tan Securities – 09 January 2026
Excerpt from Lim & Tan Securities report.
- Keppel Ltd’s share price is forecasted to be bullish in the short-term, with technical indicators (MACD and RSI) supporting further upside potential before reaching overbought territory.
- The price is expected to face resistance at S\$11.00 and has support at S\$10.18 in the near-term; medium-term outlook is sideways, while the long-term trend remains bullish.
Report Summary
- Technical analysis suggests a BUY on Keppel Ltd for the short-term, supported by positive momentum and room for appreciation before the stock becomes overbought.
- Key resistance and support levels are identified: short-term resistance at S\$11.00, support at S\$10.18; medium-term resistance at S\$11.30, support at S\$9.90; long-term resistance at S\$12.00, support at S\$9.58.
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