Technicals Talk

PLUS stocks pulled back yesterday, closing down -2.29% at 23.45, a move anticipated as RSI remains in overbought territory at 77.11.

ALI stocks are currently hitting a resistance level as yesterday’s trading session saw an uptick of +2.50% to 34.86 with conditions nearing oversold territory.

EMI stocks are in a consolidation phase, trading sideways between 18.66 and 18.86.

CNVRG continues its upward movement with the stock’s price rallying above all moving averages.

Yesterday’s bull trading session closed SMPH stocks at a resistance level, trading within a range of 29.70-31.16.

SM stocks are trading comfortably sideways along the bullish regions between 919.89-956.00.

BDO stocks are consolidating within the 147.00-154.00 range.

AP is showing a bullish reversal as it breaks above key MAs, signaling renewed upward momentum.

FGEN stocks are currently rallying, trading between a range of 16.78-17.45.

The stock is currently trailing along its 20-d MA, with bulls keeping the momentum alive as the RSI holds steady at 58.41 and still pointing upwards.

MER stocks saw a surge in price levels last Friday and are now currently consolidating along a range of 414.00-429.00.

BLOOM is currently pointing signs towards a trend reversal, mildly recovering to the 8.00s region after seeing continuous bears in the past weeks.

NIKL is still on a downtrend, with the stock trading below all major moving averages and bearish signals across technical indicators.

SMPH stocks are currently bullish, hitting resistance levels, trading within a range of 27.97-30.70.

JFC is currently seeing a breakout with stocks reaching the 240s zone, possibly nearing overbought conditions.