Technicals Talk: SM Prime Holdings, Inc. (SMPH) – 2 May 2025 by Regina Capital Development Corp.
SMPH has been on a steady upward trajectory, rising by +6.33% and trading comfortably above its 50-MA and 100-MA.
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.
SMPH has been on a steady upward trajectory, rising by +6.33% and trading comfortably above its 50-MA and 100-MA.
Following two days of declines, MBT made a strong rebound, soaring by +6.51% and breaking above all key moving averages.
AP remains under short-term bearish pressure, with price action rejecting a key resistance near 39.00 and retreating toward support around 36.50.
BDO gains +3.34% after huge sell-off on yesterday’s session, stock remains to trade above key MAs maintaining buy pressure.
URC gains strong bounce closing at 84.70 (+5.22%).
CNVRG experienced a modest intraday increase of +0.21%, fueled by positive momentum reflected in both the MACD and RSI.
GLO is in the midst of its fourth consecutive day of decline, falling by -2.24% to 1,965.
URC surged +5.45% intraday, fueled by strong buying pressure, as reflected in the MACD and the RSI reaching overbought territory.
ACEN remains in a prolonged downtrend, with price action staying weak and failing to establish a solid base.
MER resumes its climb, closing at 574.50 (+1.14%).
ALI surges +1.88% to 24.40, surpassing short-term MAs.
SMPH is showing strong support level closing at 22 (+0.46%), with bullish candles forming but momentum remains downward.
ICT closed at 340.20 (3.90%), trading below all MA levels.
MWC surges to +4.76% and continues to trade above all MA levels.
UBP is consolidating below key moving averages, signaling continued bearish bias.
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