Technicals Talk: Manila Electric Company (MER) – 24 Sep 2025 by Regina Capital Development Corp.
MER continues to move downwards as it maintains its consecutive loss throughout the open.
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.
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.
URC closed lower at 77.10, extending its decline after failing to hold above the 80 level.
BLOOM has now entered its third straight day of decline, slipping by -0.33% in today’s trading session.
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.
ALI closed on a new high at 28.5, breaking past the 26.5 resistance.
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