Analyse dgb Asia breakout price in Ringgit Malaysia Base on magic trade analysis

**DGB Asia Berhad's Breakout Price Analysis**:

1. **Current Price and Trading Volume**:
- DGB Asia Berhad's current price is at RM0.08, which has not changed in the past 24 hours.
- The average daily trading volume is approximately 140.92k shares.
2. **Technical Indicators**:
- The 50-Day Simple Moving Average (SMA) is RM0.10, the 20-Day SMA is RM0.10, and the 200-Day SMA is RM0.11.
- The Relative Strength Index (RSI) is at 28.82, indicating an oversold condition.
- The stock is trading below its pivot points, suggesting a bearish trend.
- The 0.618 Fibonacci Retracement level is at RM0.0971, and the 0.382 Fibonacci Retracement level is at RM0.1048.
3. **Market Sentiment**:
- The sentiment is bearish, with signals of strong sell and sell from technical analysis.
- The stock has fallen by -5.88% compared to the previous week and has shown a -15.79% month-on-month decline.
4. **Conclusion**:
- DGB Asia Berhad's current price is below its moving averages, indicating a bearish trend.
- The RSI suggests that the stock is oversold, which could indicate a potential reversal if the oversold condition is extreme.
- The stock is trading below its pivot points, reinforcing the bearish sentiment.
- The Fibonacci Retracement levels provide support at RM0.0971 (0.618 Fibonacci) and RM0.1048 (0.382 Fibonacci), which may act as a floor if the price approaches these levels.
- Given the current technical indicators and market sentiment, it is likely that DGB Asia Berhad's breakout price in Ringgit Malaysia will continue to be influenced by bearish trends in the short term.