Technicals Talk

JFC closed marginally higher by +0.19% at 215.00, stabilizing after its recent declines.

MER continues to move downwards as it maintains its consecutive loss throughout the open.

BDO closed at 140.00, dropping –3.31% as profit-taking hit after recent gains.

GLO exhibited a huge rally pushing past previous resistances with a gain of +4.51%, effectively closing the gap with its 50-day MA indicating a short push for recovery as more buying activity posts.

PLUS posted a massive rally ending strongly by +25.14% at 23.15.

BPI surged sharply by +7.23% to close at 109.70, rebounding strongly from recent lows as buyers stepped in aggressively.

CNVRG closed at 20.30, losing 5.14%.

CNPF is currently trading above its 20-day moving average (MA) and has recently broken past its 50-day MA.

BLOOM has now entered its third straight day of decline, slipping by -0.33% in today’s trading session.

URC closed lower at 77.10, extending its decline after failing to hold above the 80 level.

MBT remains sideways, coming up 0.63% from its previous close of 71.65.

SM continues on the trailing red, losing -0.40%, closed at 750.

EMI closed on a high note by +1.72% at 16.60, bouncing from its short pullback, ending strongly on the green.

AC extends its loss, dropping by -2.48% to close at 551.0, setting lower lows for the price.

JFC is currently on a rally, closing higher by +2.13% as the RSI moves above the overbought level at 70.73.