Technicals Talk reports contain our partner brokers’ technical analyses of select PSE stocks. Technical Analysis relies on trends and price movements and is typically used when doing short-term or day trading.
CNVRG rose by 2.91%, closing at 17.00/sh, continuing its bullish trajectory as shown by the MACD’s green histograms and its position above all MA levels.
SCC increased by 1.00%, closing at 35.40/sh and trading above all MA levels.
SMPH decreased by -1.83%, closing at 24.15/sh.
TEL posted a slight increase of 0.38%, closing at 1,315.00/sh, yet still trading below all key MA levels.
ALI closed with a doji candlestick, gaining +0.99% intraday in a modest recovery from its earlier decline.
SM is currently entrenched in a downtrend.
ICT continues to drift sideways, closing down by -0.76% intraday.
PLUS is up by +3.46%, closing at 26.90/sh PLUS’ stock trades above all MA levels, and shows selling pressures as evidenced by
CBC is down by -0.43%, closing at 69/sh.
AC climbed +2.04% intraday, closing at 599.50.
MBT has made steady gains, trading above both its 9-day and 50-day MAs.
GTCAP drops by -1.82% intraday as the stock trades below its major moving averages, signaling continued bearish momentum.
PLUS has demonstrated significant strength, trading near its resistance level of 25.15.
KEEPR continues its upward trend, maintaining its support level at P2/sh.
CNPF continues its rally, trading above all major moving averages and surging by +4.90% intraday.
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