FREE Technicals Talk: CNVRG (18 Feb 2022) by AP Securities

The “Technicals Talk” section summarizes our partner brokers’ technical analysis of select PSE stocks. Technical Analysis relies on trends and price movements and is typically used in short-term trading. Learn how you can use this report in this PinoyInvestor guide.


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Our Partner Broker’s Analysis and Opinion
Stock Code Company Broker Opinion Issued on Support Resistance
CNVRG Converge ICT Inc. AP Securities 18 Feb 2022 24.75 / 23.95 29.15 / 31.40


Price near trendline resistance of downtrend channel.

Weak momentum on RSI.

Negative Momentum Indicator.

Shooting star pattern.


Our Partner Broker’s Recommendation

Take Profits.

Support Price: 24.75 / 23.95.

Resistance Price: 29.15 / 31.40.


This report is prepared by PinoyInvestor’s partner broker below. Sign up to this stock broker to avail of their complete trading brokerage services:

AP Securities (formerly Angping & Associates Securities)
AP Securities (formerly Angping & Associates Securities)

AP Securities (formerly Angping & Associates Securities) is one of PinoyInvestor’s partners in delivering superior and reliable stock research reports that help Filipino investors make smart stock investing decisions! Learn more about them here.