Technicals Talk: SM Investments Corp. (SM) – 13 Feb 2026 by Regina Capital Development Corp.
SM continued its four‑day losing streak, closing 0.57% lower and staying below MA50.
SM continued its four‑day losing streak, closing 0.57% lower and staying below MA50.
The index corrected after its recent rally, pulling back 0.42%, but still trading above key moving averages.
Profit-taking may continue, ahead of next week’s Chinese Lunar year break, while some fund managers seize this trend to reposition portfolios.
Expect volatile trades, as some investors seize on the recent ascent to cash-out to reposition portfolios and next week’s Chinese Lunar year break.
ICT rebounded after a healthy correction, closing +6.35% higher, staying above key moving averages.
BDO closed higher (+2.32%) at 141.00 as it continues to trade sideways as it stays below 100MA and above 50MA.
The index closed at 6474.60 as it ended higher today (+1.98%), as it continues to consolidate above key moving averages.
Eyes are set whether local gauges would move above the 6,500 barrier, given yesterday’s advance.
APX is showing renewed strength after its recent pullback, bouncing off its near-term support zone.
MYNLD is currently pulling back after it tested the resistance level of its ascending channel.
Participants might monitor possible continuity of yesterday’s MOC supply pressure, as focus sets on MSCI’s portfolio review (effective 02 March).
The PSEi increased 0.98% w/w to 6,390.91 (61.94 pts.) trending above the 20-day moving average.
Local equities would take its cue from Wall Street’s Friday surge (DJIA +2.47%, Nasdaq Comp. +2.18%) as well as improved manufacturing indicator for December & higher GIR for January.
GLO closed higher by 2.86% to 1726.00 as it continues a short-term upward momentum, breaking its previous resistance and testing 200MA.
The index ended slightly higher (+0.14%) at 6,382 as it continues to trade near key moving averages.
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