Technicals Talk: Manila Electric Company (MER) – 24 Oct 2025 by Regina Capital Development Corp.
MER surged by 2.96% to close at 592.00, marking a strong continuation of its recent uptrend as it approaches its 52-week high of 594.50.
MER surged by 2.96% to close at 592.00, marking a strong continuation of its recent uptrend as it approaches its 52-week high of 594.50.
BPI dropped further from the previous negative, tracing back after the small climbs recognized from the week before, losing -1.78% throughout the latest open.
AC slipped by 1.90% to close at 475.00, extending its decline after failing to sustain its brief recovery from the prior week.
GTCAP observed a significant drop, losing -2.78% at 559.0 with a massive outflow of investors exiting their positions with the stock reaching a new low for the quarter.
The index recognized a small rebound in value coming up from the consistent negative drop throughout the week, gaining by +0.38% well within the 50-day MA which suggests investors entering positions on key oversold equities in the market.
Sentiment might take its cue from Wall Streetās overnight gain, ahead of Trumpand Xi Jinpingās meeting next week.
Attention is fixed on the PSEiās staying power above the 6,000 mark, as investors monitor possible continuity of yesterdayās selling pressure.
DMW continues to fall below key MAs, on its second day of consecutive red candles.
JGS saw a massive value bump, ending on the green, gaining +3.75% throughout the open.
The index closed sideways, peaking on the green at 6,093.53 gaining little (+0.16%) throughout the open.
Attention is set anew on the PSEiās ability to trounce past 6,100, as investors check supply presence on intra-day ascents.
Participants may continue to check supply pressure on intraday rallies, based on recent trend.
Continued monitoring is seen, whether the PSEi would set a new tone from its current sluggish trend.
MWC posted limited gains over the open, closing at 36.80, stagnating from the recent pullback throughout the week.
TEL slipped by -1.28% to close at 1,080.00, marking another weak session as the stock continues to trade near its 52-week low of 1,067.00.
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