Technicals Talk

SM is presently trading in a narrow range as investors await more action towards the stock.

ALI’s current trading range is between 26.95-29.00.

Price above 200EMA.

Previous resistance levels are potential supports.

After days of heavy selling pressure, SMPH seems to have found strong support at 27.

Seems like the bears are still in control over RLC, dragging the stock price to 15.20.

GTCAP stocks are currently experiencing significantly weak momentum, trading within

FGEN maintained its positive momentum, closing yesterday’s session with a gain of +1.05% at 19.30, forming a doji candlestick pattern.

BDO relinquished all its gains by the end of yesterday’s session, closing with a decline of -1.27% at 148.10.

Stochastics and RSI at oversold levels.

Flag Pattern breakout.

Following the formation of a double top pattern, GTCAP’s share price has sustained a continued decline, experiencing a loss of as much as 19% from its peak.

ACEN is currently seeing strong selling pressure trading in the 3.28-4.41 range, with price gradually dropping to levels drastically lower than that of recent years.

After Monday’s price decline, ICT kicked off Tuesday’s trading session with a notable gap down, further pushing the RSI into bearish territory.

The stock is pushing pre-pandemic resistance levels, trading within support levels in the 56.60-71.60 range with prices going up.