Technicals Talk: ABS-CBN Corp. (ABS) – 10 Dec 2025 by First Metro Securities
On technicals, ABS is currently on its all-time low trading below all key moving averages (20-day, 50-day, 100-day, and 200-day).
First Metro SecuritiesOn technicals, ABS is currently on its all-time low trading below all key moving averages (20-day, 50-day, 100-day, and 200-day).
The PSEi is showing signs of a short-term recovery after bouncing off the 5,800 support zone and is currently hovering around 6,000.
The PSEi rose 0.42% w/w to 6,022.24, bouncing from 5,800 support levels.
On technicals, URC is currently trading close to its all-time low and remains below all key moving averages (20-day, 50-day, 100-day, and 200-day), underscoring persistent bearish momentum.
The PSEi has increased by 7.39% w/w, closing at 5,997.13 (+412.78 pts), after breaking below the 5,600 level and then making a bullish reversal.
PGOLD has crossed above its 20-day moving average, signaling improving strength.
ACEN is consolidating below all key moving averages (20-day, 50-day, 100-day, and 200- day), reflecting continued weakness.
BLOOM retreated to the ~PHP 2.70 level, previously a strong support following its removal from the PSEi in Apr 2025.
The PSEi fell 3.04% w/w to 5,584.35, decisively breaking below the 5,700 support level.
On technicals, RCR has been on a downtrend for the past 2 months, falling by 14% to PHP 7.20.
CBC remains in a downtrend, trading below its 20-day, 50-day, 100-day, and 200-day moving averages.
MEG remains bearish, with momentum weakening – the RSI is approaching oversold levels, and the MACD has formed a bearish crossover with the signal line.
AREIT is trading near a psychological support at PHP 42.00, which could signal a potential rebound.
RCR is currently consolidating between the PHP 7.00–7.60 range.
AP is currently forming a head and shoulders pattern and remains below all key moving averages (20-day, 50-day, 100-day, and 200-day), which signals continued weakness in the stock.
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