Technicals Talk: ACEN Corp. (ACEN) – 23 Apr 2025 by Regina Capital Development Corp.
ACEN remains in a prolonged downtrend, with price action staying weak and failing to establish a solid base.
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.
ACEN remains in a prolonged downtrend, with price action staying weak and failing to establish a solid base.
MER resumes its climb, closing at 574.50 (+1.14%).
ALI surges +1.88% to 24.40, surpassing short-term MAs.
SMPH is showing strong support level closing at 22 (+0.46%), with bullish candles forming but momentum remains downward.
ICT closed at 340.20 (3.90%), trading below all MA levels.
MWC surges to +4.76% and continues to trade above all MA levels.
UBP is consolidating below key moving averages, signaling continued bearish bias.
JFC continues to trade below MA levels, closing at 214.8 (-1.10%).
ICT on continuous decline, ICT dropped -4.05% further trading below all key MAs.
BDO dips after two-day gains, the stock fell -0.45% but still remains to trade above medium-long term MAs.
After a series of declines, JGS rebounded +2.33% intraday but remains capped below its long-term MAs.
SCC extends its two-day gain by +1.97% intraday after its sharp pullback but remains below its short-term MAs.
MONDE declined by -2.37% intraday, failing to sustain its recent recovery and trading near its support.
CNPF landed on its second dray drop, declining by -0.89% intraday with the stock remaining below its key MAs.
JFC remained in a strong downtrend, breaking key support with increasing volume, reinforcing bearish momentum.
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