Technicals Talk: Robinsons Land Corp. (RLC) – 5 Jul 2024 by Regina Capital Development Corp.
Nope — still not a reversal! Looks like investors trimmed losses in yesterday’s session, dragging RLC on a breakdown.
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.
Nope — still not a reversal! Looks like investors trimmed losses in yesterday’s session, dragging RLC on a breakdown.
It may continue to be on bearish mode with its MACD showing increasing signs of
CNVRG is trading in the range of 10.20-11.42 and exhibits a bullish trend, as indicated by an RSI of 64.46.
CNPF is currently trading within the range of 32.18-33.85, exhibiting a bearish trend as indicated by an RSI of 38.92.
GLO is trading within a range of 1931.12-2013.02, with an RSI of 59.44, indicating moderately strong momentum.
LTG is trading within a range of 9.91-10.04, with an RSI of 41.33, indicating a bearish momentum without reaching oversold conditions.
AEV is trading within a range of 37.02-39.38, with an RSI of 42.33 on a downturn, indicating weakening momentum.
ICT closed sharply bearish at 316.00, down -5.56% with a range of 316.00-341.16.
BPI has been on a steady downtrend since mid-January and has settled just above its major support at PHP
SCC has been bearish, trading within the 31.65-32.18 range.
BLOOM is showing clear bearish signals across multiple indicators, with a range of 9.96-10.24.
EMI closed at 18.80, with a range of 18.74-19.01, accompanied by mixed indicators.
Strong technical bounce after the month-long nose dive!
SMPH appears to be in the grip of the bears, steadily marching south.
Seems like the bears are still in control over RLC, dragging the stock price to 15.20.
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