Technicals Talk: Aboitiz Power Corp. (AP) – 30 Apr 2025 by Regina Capital Development Corp.
AP remains under short-term bearish pressure, with price action rejecting a key resistance near 39.00 and retreating toward support around 36.50.
AP remains under short-term bearish pressure, with price action rejecting a key resistance near 39.00 and retreating toward support around 36.50.
BDO gains +3.34% after huge sell-off on yesterday’s session, stock remains to trade above key MAs maintaining buy pressure.
URC gains strong bounce closing at 84.70 (+5.22%).
The index wrapped up the session relatively flat closing at 6,252.19 (+0.04%).
Our recommendation and 1-year Target Price for this stock is
Our Target Price and recommendation for this stock is
CNVRG experienced a modest intraday increase of +0.21%, fueled by positive momentum reflected in both the MACD and RSI.
GLO is in the midst of its fourth consecutive day of decline, falling by -2.24% to 1,965.
URC surged +5.45% intraday, fueled by strong buying pressure, as reflected in the MACD and the RSI reaching overbought territory.
The index wrapped up the session with a doji candlestick at 6,158.48.
ACEN remains in a prolonged downtrend, with price action staying weak and failing to establish a solid base.
MER resumes its climb, closing at 574.50 (+1.14%).
SMPH is showing strong support level closing at 22 (+0.46%), with bullish candles forming but momentum remains downward.
ALI surges +1.88% to 24.40, surpassing short-term MAs.
The PSEi on another consolidation as it closes 6,145.59 (+0.12%).
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