Price Action Analysis
Monthly and weekly structure of FCPO (Jan 2023 – Sep 2026), key price levels, ATR volatility regime and year-over-year range comparison.
Candlestick Chart
Toggle monthly / weekly, filter by year, drag the brush to zoom. Dashed gold lines = intermediate S/R clusters (≥4 pivots).
ATR(20) – Rolling Volatility
Daily true-range average in ticks. Latest ATR(20) = 82.4 ticks (RM 2,060/contract).
Volatility is compressing: the average daily range fell from 96.9 ticks (2023) to 81.3 ticks (2026 YTD). Spikes in ATR align with energy shocks (Oct–Dec 2024, Mar 2026) – widen stops when ATR is above its average.
Year-over-Year Comparison
Daily range statistics by calendar year
| 2023 | 96.9 | RM 2,423 | 91.0 | 280 | 22 | 2.6% | 3,194 | 4,425 |
| 2024 | 90.9 | RM 2,273 | 80.0 | 250 | 24 | 2.2% | 3,607 | 5,202 |
| 2025 | 83.5 | RM 2,088 | 76.5 | 215 | 11 | 2.0% | 3,696 | 4,720 |
| 2026 YTD | 81.3 | RM 2,033 | 73.0 | 287 | 7 | 1.8% | 3,967 | 5,049 |
Trend vs Range Regime
Weekly classification (daily ADX14 ≥ 25 = trending). Ranging 67% of 197 weeks.
2023 was almost entirely range-bound (49 of 52 weeks). Trend bursts cluster in 2024 H2 (up) and 2025 (down). The current week is classified as Ranging – mean-reversion tactics are favoured until ADX rises above 25.
Monthly Bars – Full Table
Click any column header to sort. Change = close-to-close vs month open.
| 2026-10 | 4,615 | 4,627 | 4,491 | 4,578 | -32 | -0.69% | -RM 800 | 76.3 | 136 | +8 | -61 |
| 2026-09 | 4,950 | 5,049 | 4,578 | 4,610 | -284 | -5.80% | -RM 7,100 | 84.0 | 471 | +25 | -96 |
| 2026-08 | 4,623 | 5,031 | 4,614 | 4,894 | +251 | +5.41% | +RM 6,275 | 66.4 | 417 | +76 | -70 |
| 2026-07 | 4,541 | 4,786 | 4,460 | 4,643 | +97 | +2.13% | +RM 2,425 | 60.6 | 326 | +91 | -68 |
| 2026-06 | 4,596 | 4,710 | 4,438 | 4,546 | +11 | +0.24% | +RM 275 | 82.3 | 272 | +98 | -85 |
| 2026-05 | 4,605 | 4,715 | 4,370 | 4,535 | -35 | -0.77% | -RM 875 | 89.8 | 345 | +96 | -125 |
| 2026-04 | 4,892 | 4,918 | 4,410 | 4,570 | -258 | -5.34% | -RM 6,450 | 99.4 | 508 | +73 | -213 |
| 2026-03 | 4,065 | 4,833 | 4,060 | 4,828 | +786 | +19.45% | +RM 19,650 | 118.0 | 773 | +148 | -140 |
| 2026-02 | 4,206 | 4,255 | 3,990 | 4,042 | -187 | -4.42% | -RM 4,675 | 62.5 | 265 | +36 | -73 |
| 2026-01 | 4,019 | 4,340 | 3,967 | 4,229 | +179 | +4.42% | +RM 4,475 | 68.6 | 373 | +78 | -93 |
| 2025-12 | 4,116 | 4,193 | 3,893 | 4,050 | -64 | -1.56% | -RM 1,600 | 64.4 | 300 | +64 | -67 |
| 2025-11 | 4,204 | 4,272 | 3,968 | 4,114 | -93 | -2.21% | -RM 2,325 | 71.4 | 304 | +70 | -89 |
| 2025-10 | 4,347 | 4,612 | 4,198 | 4,207 | -145 | -3.33% | -RM 3,625 | 70.6 | 414 | +69 | -67 |
| 2025-09 | 4,422 | 4,525 | 4,269 | 4,352 | -28 | -0.64% | -RM 700 | 73.6 | 256 | +54 | -77 |
| 2025-08 | 4,230 | 4,614 | 4,159 | 4,380 | +150 | +3.55% | +RM 3,750 | 81.3 | 455 | +133 | -72 |
| 2025-07 | 3,987 | 4,374 | 3,947 | 4,230 | +244 | +6.12% | +RM 6,100 | 77.2 | 427 | +97 | -81 |
| 2025-06 | 3,926 | 4,144 | 3,810 | 3,986 | +108 | +2.78% | +RM 2,700 | 66.6 | 334 | +67 | -129 |
| 2025-05 | 3,949 | 3,998 | 3,696 | 3,878 | -33 | -0.84% | -RM 825 | 85.4 | 302 | +76 | -81 |
| 2025-04 | 4,526 | 4,544 | 3,863 | 3,911 | -508 | -11.50% | -RM 12,700 | 96.4 | 681 | +98 | -132 |
| 2025-03 | 4,532 | 4,664 | 4,230 | 4,419 | -135 | -2.96% | -RM 3,375 | 105.5 | 434 | +146 | -151 |
| 2025-02 | 4,334 | 4,720 | 4,270 | 4,554 | +265 | +6.18% | +RM 6,625 | 104.1 | 450 | +162 | -85 |
| 2025-01 | 4,512 | 4,549 | 4,106 | 4,289 | -159 | -3.57% | -RM 3,975 | 109.3 | 443 | +94 | -179 |
| 2024-12 | 5,035 | 5,179 | 4,347 | 4,448 | -572 | -11.39% | -RM 14,300 | 140.1 | 832 | +115 | -186 |
| 2024-11 | 4,764 | 5,202 | 4,626 | 5,020 | +324 | +6.90% | +RM 8,100 | 149.5 | 576 | +146 | -146 |
| 2024-10 | 4,017 | 4,702 | 3,994 | 4,696 | +701 | +17.55% | +RM 17,525 | 119.0 | 708 | +196 | -66 |
| 2024-09 | 3,924 | 4,199 | 3,702 | 3,995 | +18 | +0.45% | +RM 450 | 85.2 | 497 | +115 | -107 |
| 2024-08 | 3,921 | 4,003 | 3,638 | 3,977 | +69 | +1.77% | +RM 1,725 | 73.8 | 365 | +64 | -87 |
| 2024-07 | 3,969 | 4,122 | 3,850 | 3,908 | -8 | -0.20% | -RM 200 | 70.4 | 272 | +104 | -49 |
| 2024-06 | 3,946 | 4,026 | 3,830 | 3,916 | -160 | -3.93% | -RM 4,000 | 61.6 | 196 | +48 | -51 |
| 2024-05 | 3,805 | 4,087 | 3,767 | 4,076 | +258 | +6.76% | +RM 6,450 | 74.3 | 320 | +87 | -61 |
| 2024-04 | 4,235 | 4,443 | 3,814 | 3,818 | -376 | -8.97% | -RM 9,400 | 94.0 | 629 | +101 | -89 |
| 2024-03 | 3,961 | 4,327 | 3,916 | 4,194 | +224 | +5.64% | +RM 5,600 | 79.8 | 411 | +104 | -102 |
| 2024-02 | 3,780 | 3,981 | 3,745 | 3,970 | +172 | +4.53% | +RM 4,300 | 64.4 | 236 | +59 | -73 |
| 2024-01 | 3,682 | 4,036 | 3,607 | 3,798 | +77 | +2.07% | +RM 1,925 | 71.2 | 429 | +76 | -104 |
| 2023-12 | 3,897 | 3,920 | 3,641 | 3,721 | -174 | -4.47% | -RM 4,350 | 64.6 | 279 | +56 | -59 |
| 2023-11 | 3,689 | 4,043 | 3,658 | 3,895 | +216 | +5.87% | +RM 5,400 | 72.3 | 385 | +87 | -66 |
| 2023-10 | 3,738 | 3,842 | 3,520 | 3,679 | -88 | -2.34% | -RM 2,200 | 82.7 | 322 | +99 | -94 |
| 2023-09 | 4,010 | 4,068 | 3,637 | 3,767 | -243 | -6.06% | -RM 6,075 | 78.4 | 431 | +87 | -133 |
| 2023-08 | 3,878 | 4,020 | 3,662 | 4,010 | +132 | +3.40% | +RM 3,300 | 94.0 | 358 | +97 | -91 |
| 2023-07 | 3,975 | 4,209 | 3,799 | 3,878 | +89 | +2.35% | +RM 2,225 | 103.0 | 410 | +175 | -112 |
| 2023-06 | 3,198 | 3,829 | 3,194 | 3,789 | +588 | +18.37% | +RM 14,700 | 117.7 | 635 | +225 | -103 |
| 2023-05 | 3,410 | 3,837 | 3,196 | 3,201 | -137 | -4.10% | -RM 3,425 | 119.9 | 641 | +117 | -194 |
| 2023-04 | 3,869 | 3,980 | 3,288 | 3,338 | -423 | -11.25% | -RM 10,575 | 115.7 | 692 | +147 | -130 |
| 2023-03 | 4,151 | 4,425 | 3,500 | 3,761 | -381 | -9.20% | -RM 9,525 | 110.4 | 925 | +102 | -137 |
| 2023-02 | 3,750 | 4,269 | 3,728 | 4,142 | +327 | +8.57% | +RM 8,175 | 94.3 | 541 | +119 | -82 |
| 2023-01 | 4,146 | 4,276 | 3,721 | 3,815 | -331 | -7.98% | -RM 8,275 | 111.9 | 555 | +118 | -117 |