Technicals Talk: Aboitiz Power Corp. (AP) – 14 Aug 2024 by Regina Capital Development Corp.
AP stocks are seeing better upwards movement breaching its 50-MA low.
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.
AP stocks are seeing better upwards movement breaching its 50-MA low.
FLI is currently trading under all its key moving averages, showing it’s struggling to gain any upward traction.
PGOLD stocks are currently on resistance levels and yesterday’s trading session closed with a pullback with a bullish hammer.
After several months of sideways trading, FB recently broke above its previously established resistance and rallied above its 50-MA, closing at 47.75 yesterday.
SCC stocks saw a huge dip, now trading sideways along its 200-MA support, price ranging between 31.75-32.32.
PCOR’s trading volume in the past days have consistently surpassed its 20d average volume of 2.495mn.
ACEN is currently trading above all MAs, continuing its 3-day win streak.
GLO is currently trading above its 50-MA line, closing with a red candle after two consecutive days of green ones.
Ascending rapidly! TEL is currently near is 52-wk high as the bulls remained to take the wheel.
URC has taken a nosedive, closing below all MAs.
ALI closed slightly below its 50-MA with a red candle.
RCR is currently trading above its 50-d and 100-d MAs, indicating that the bulls are
CNVRG is currently trading above all MAs, within the range of 10.68-11.75.
SMPH has ended its three-day losing streak, showing a positive turnaround and closing with a gain of +2.60%, concluding yesterday’s trading at 29.55.
DMC stocks are trading sideways, mildly bullish.
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