Technicals Talk

SM bolstered on the rebound gaining 1.57% on the open with investors picking up at severely discounted levels to end at 710.0.

ACEN is consolidating below all key moving averages (20-day, 50-day, 100-day, and 200- day), reflecting continued weakness.

PGOLD has crossed above its 20-day moving average, signaling improving strength.

BLOOM retreated to the ~PHP 2.70 level, previously a strong support following its removal from the PSEi in Apr 2025.

GLO increased by 9.79% to close at 1,648.00, marking a strong breakout as heavy buying momentum lifted the stock to its highest level in several weeks.

On technicals, RCR has been on a downtrend for the past 2 months, falling by 14% to PHP 7.20.

TEL increased by 4.75% to close at 1,278.00, extending its sharp rally as strong buying momentum continued to push the stock to multi-week highs.

CBC remains in a downtrend, trading below its 20-day, 50-day, 100-day, and 200-day moving averages.

MEG remains bearish, with momentum weakening – the RSI is approaching oversold levels, and the MACD has formed a bearish crossover with the signal line.

ALI threads even lower with the price declining by -1.13% to close at 19.20 driven by mass sell-offs from investors.

SMPH plummets to the oversold territory, reaching its floor levels with the stock losing -4.22% in the open to close at 19.54.

AREIT is trading near a psychological support at PHP 42.00, which could signal a potential rebound.

RCR is currently consolidating between the PHP 7.00–7.60 range.

ICT slipped by 0.57% to close at 526.00, easing from intraday highs near 539.50 as profit-taking emerged following the recent bounce.

AP is currently forming a head and shoulders pattern and remains below all key moving averages (20-day, 50-day, 100-day, and 200-day), which signals continued weakness in the stock.