Technicals Talk: China Banking Corp. (CBC) – 13 Nov 2025 by First Metro Securities
CBC remains in a downtrend, trading below its 20-day, 50-day, 100-day, and 200-day moving averages.
First Metro SecuritiesCBC 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.
SECB is consolidating between PHP 70.00-80.00, trading below all key moving averages (MAs) (20-day, 50-day, 100-day, and 200-day).
The PSEi fell 0.97% w/w to 5,929.68 (-58.34 pts.), reversing its earlier gains during the week.
The PSEi declined by 1.67%, closing at 5,988.02 (-101.51 pts), breaking below the 6,000 level, which had previously acted as a key support.
The PSEi slipped by 3.79% w/w to close at 6,027.12 (-237.37 pts.), reversing last week’s gain.
The PSEi increased by 2.54% w/w to 6,264.49 (+155.28 pts), breaking above the 6,200 level midweek.
The PSEi slipped by another 0.65% w/w to close at 6,109.21 (-39.92 pts.), just above the 6,100 support.
CNPF is currently trading above its 20-day moving average (MA) and has recently broken past its 50-day MA.
The PSEi slipped 0.54% w/w to 6,281.58 (-34.40 pts.), trading rangebound within a descending triangle pattern.
The PSEi slipped 1.67% w/w to 6,306.13 (-107.05 pts), erasing all its gains from last week and falling below all key moving averages.
The PSEi slipped 2.42% w/w to 6,303.72 (-156.16 pts), breaking its momentum and falling below the 20-day and 50-day moving averages (MA).
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