Broker Name: Lim & Tan Securities
Date of Report: 13 October 2025
Excerpt from Lim & Tan Securities report
Report Summary
- Keppel Ltd is forecasted to be bullish in the short-term (1-2 weeks) based on technical analysis, with a recommended BUY.
- Share price has gained over 2.4% since the last report, and ongoing positive momentum is expected to push prices higher.
- Bollinger Bands indicate an upward trend, and the Relative Strength Index (RSI) at 61 suggests further upside before overbought levels are reached.
- Short-term price resistance is at S\$9.56, while support is at S\$8.88. Medium-term outlook is sideways, and long-term outlook remains bullish.
- Investors are advised to monitor key resistance and support levels, with potential for further gains unless negative momentum emerges.
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