PSE Market Outlook (27 Nov 2024) by Regina Capital Development Corp.
The PSEi gradually hovers above the 6,800 level closing at 6,806.86, down -0.63% with stock prices moving above the 200-day MA.
Regina Capital Development CorporationThe PSEi gradually hovers above the 6,800 level closing at 6,806.86, down -0.63% with stock prices moving above the 200-day MA.
Our Target Price and recommendation for this stock is
DMW is currently below all MAs, closing with an intraday high of 5.40 last Friday.
SM dropped by -5.78% intraday, breaking below its 50, 100, and 200-day MAs, signaling significant bearish pressure.
JFC declined by -1.68% intraday, slightly below the 9-day MA and nearing its 50-day MA.
The PSEi gradually advanced to the 6,800 level from last week’s close, with stock prices moving above the 200-day MA.
We maintain our Target Price and recommendation for DMC at
Our Target Price and recommendation for this stock is
We maintain our Target Price and recommendation for DMC at
BPI dropped by -1.50% intraday, still trading above all its MA.
ICT closed with a green candle, up by +2.82% intraday.
ALI’s rose +0.86% to 29.25, reflecting a sharp decline.
The PSEi rebound back to 6,800 mark, closing down +0.62% intraday, as market continues to recover from the the huge sell-off since last week.
SEVN closed at 73/sh up +0.62% intraday, with signs of consolidation around 70 levels.
SM dropped by -2.67% intraday, slipping below its 200-day MA.
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