Technicals Talk: SM Prime Holdings, Inc. (SMPH) – 13 Nov 2024 by Regina Capital Development Corp.
SMPH fell by -2.87% intraday to 27.10, trading below all of its MA, suggesting strong bearish pressure.
Regina Capital Development CorporationSMPH fell by -2.87% intraday to 27.10, trading below all of its MA, suggesting strong bearish pressure.
BDO closed at 157, down by -1.88% intraday, below its 9-MA and 50-MA.
The chart shows mixed technical signals.
The PSEi dipped below its 6,600 mark, closing down -2.34% intraday, as more investors continued withdrawals this week.
The index is now at its 5 consecutive red candle close as bears dominate the market.
Our Target Price and recommendation for this stock is
Our Target Price and recommendation for this stock is
Our Target Price and recommendation for this stock is
BPI closed at 143.50, up by +1.27% intraday trending in consolidation at 140/sh level.
ICT surges, closing at 409.00, up by +0.99% intraday, and +3.28% in the weekly timeframe.
ALI surges, closing at 34.50 up by +4.55% intraday.
The PSEI closed at 7,257.94 yesterday, up +1.71% intraday, trading just below its 9-MA and showing signs of bullish momentum.
MRSGI firmed around 1.10 to 1.30, with signs of uptrend in the weekly timeframe.
EW is showing signs of consolidation around 10.00, with its short-term MAs providing stronger support near 9.00.
CLI closed slightly above its MA-9 close with a red candle, touching upon 2.90 intraday.
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