Technicals Talk

CBC remains in a downtrend, trading below its 20-day, 50-day, 100-day, and 200-day moving averages.

MEG remains bearish, with momentum weakening – the RSI is approaching oversold levels, and the MACD has formed a bearish crossover with the signal line.

SMPH plummets to the oversold territory, reaching its floor levels with the stock losing -4.22% in the open to close at 19.54.

ALI threads even lower with the price declining by -1.13% to close at 19.20 driven by mass sell-offs from investors.

AREIT is trading near a psychological support at PHP 42.00, which could signal a potential rebound.

RCR is currently consolidating between the PHP 7.00–7.60 range.

ICT slipped by 0.57% to close at 526.00, easing from intraday highs near 539.50 as profit-taking emerged following the recent bounce.

AP is currently forming a head and shoulders pattern and remains below all key moving averages (20-day, 50-day, 100-day, and 200-day), which signals continued weakness in the stock.

SECB is consolidating between PHP 70.00-80.00, trading below all key moving averages (MAs) (20-day, 50-day, 100-day, and 200-day).

BDO saw a big rebound, gaining +3.29%, closing on the green at 132.0.

MER surged by 2.96% to close at 592.00, marking a strong continuation of its recent uptrend as it approaches its 52-week high of 594.50.

BPI dropped further from the previous negative, tracing back after the small climbs recognized from the week before, losing -1.78% throughout the latest open.

AC slipped by 1.90% to close at 475.00, extending its decline after failing to sustain its brief recovery from the prior week.

GTCAP observed a significant drop, losing -2.78% at 559.0 with a massive outflow of investors exiting their positions with the stock reaching a new low for the quarter.

DMW continues to fall below key MAs, on its second day of consecutive red candles.