Technicals Talk: Universal Robina Corp. (URC) – 11 Apr 2023 by Regina Capital Development Corp.
MACD signal lines are close to a crossover, with the possibility of selling pressure to
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.
MACD signal lines are close to a crossover, with the possibility of selling pressure to
Potential breakout of 50EMA trail resistance.
Inverse head and shoulder pattern.
Recovering momentum on RSI.
Inverse head and shoulder pattern.
Price consolidated at 52-week high levels.
SMPH has failed to breach its 34.80 breakout point, finishing yesterday at its major support at 34.00.
Potential bounce at previous breakout levels.
After declining in 2022 to below its IPO (initial public offering) share price, MONDE has recently formed a bottom triangle (bottom wedge).
PXP formed a falling wedge pattern after hitting its year-to-date low at P4.62.
Year-to-date, the counter pulled back by as much as 18% to P17.28 from a high of P21.20, bringing the stock to an oversold levels with RSI at 25.0.
The stock is hovering below its key moving averages (50-day and 100-day).
Weakening 20EMA trail resistance.
Price near critical support levels.
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