PSE Market Outlook (5 Jul 2024) by Regina Capital Development Corp.
The index closed on a high note on resistance levels yesterday at 6507.49 (+0.89%), with all indicators showing bullishness and stocks rallying.
Technicals Talk: Converge Information and Communications Technology Solutions, Inc. (CNVRG) – 28 Jun 2024 by Regina Capital Development Corp.
CNVRG is trading in the range of 10.20-11.42 and exhibits a bullish trend, as indicated by an RSI of 64.46.
Technicals Talk: Century Pacific Food, Inc. (CNPF) – 28 Jun 2024 by Regina Capital Development Corp.
CNPF is currently trading within the range of 32.18-33.85, exhibiting a bearish trend as indicated by an RSI of 38.92.
PSE Market Outlook (28 Jun 2024) by Regina Capital Development Corp.
A key vulnerability is the proximity to a death cross, with the 50-day moving average nearing the 200-day moving average, which could signal a bearish trend if crossed.
Technicals Talk: Globe Telecom, Inc. (GLO) – 26 Jun 2024 by Regina Capital Development Corp.
GLO is trading within a range of 1931.12-2013.02, with an RSI of 59.44, indicating moderately strong momentum.
Technicals Talk: LT Group, Inc. (LTG) – 26 Jun 2024 by Regina Capital Development Corp.
LTG is trading within a range of 9.91-10.04, with an RSI of 41.33, indicating a bearish momentum without reaching oversold conditions.
Technicals Talk: Aboitiz Equity Ventures, Inc. (AEV) – 26 Jun 2024 by Regina Capital Development Corp.
AEV is trading within a range of 37.02-39.38, with an RSI of 42.33 on a downturn, indicating weakening momentum.
PSE Market Outlook (26 Jun 2024) by Regina Capital Development Corp.
The index closed at 6299.05, within a range of 6272.46-6307.51.
Technicals Talk: International Container Terminal Services, Inc. (ICT) – 24 Jun 2024 by Regina Capital Development Corp.
ICT closed sharply bearish at 316.00, down -5.56% with a range of 316.00-341.16.
PSE Market Outlook (24 Jun 2024) by Regina Capital Development Corp.
The PSEi closed sharply at 6158.48, a volatile session within 6158.48-6394.33.
Technicals Talk: Semirara Mining and Power Corp. (SCC) – 19 Jun 2024 by Regina Capital Development Corp.
SCC has been bearish, trading within the 31.65-32.18 range.
Technicals Talk: Bloomberry Resorts Corp. (BLOOM) – 19 Jun 2024 by Regina Capital Development Corp.
BLOOM is showing clear bearish signals across multiple indicators, with a range of 9.96-10.24.
Technicals Talk: Emperador Inc.(EMI) – 19 Jun 2024 by Regina Capital Development Corp.
EMI closed at 18.80, with a range of 18.74-19.01, accompanied by mixed indicators.
PSE Market Outlook (19 Jun 2024) by Regina Capital Development Corp.
The PSEi closed at 6368.80, showing a range between 6343.69 and 6459.38.
Technicals Talk: Alliance Global Group, Inc. (AGI) – 13 Jun 2024 by Regina Capital Development Corp.
Strong technical bounce after the month-long nose dive!
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