{"id":319420,"date":"2022-12-19T05:06:35","date_gmt":"2022-12-18T21:06:35","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=319420"},"modified":"2023-01-02T00:16:12","modified_gmt":"2023-01-01T16:16:12","slug":"pse-market-outlook-19-dec-2022-by-regina-capital-development-corp","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/pse-market-outlook-19-dec-2022-by-regina-capital-development-corp\/","title":{"rendered":"PSE Market Outlook (19 Dec 2022) by Regina Capital Development Corp."},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"alignleft\"><img loading=\"lazy\" decoding=\"async\" width=\"2824\" height=\"1434\" src=\"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-content\/uploads\/2022\/12\/Screen-Shot-2022-12-19-at-8.41.08-AM.png\" alt=\"\" class=\"wp-image-319422\" srcset=\"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-content\/uploads\/2022\/12\/Screen-Shot-2022-12-19-at-8.41.08-AM.png 2824w, https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-content\/uploads\/2022\/12\/Screen-Shot-2022-12-19-at-8.41.08-AM-768x390.png 768w, https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-content\/uploads\/2022\/12\/Screen-Shot-2022-12-19-at-8.41.08-AM-1536x780.png 1536w, https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-content\/uploads\/2022\/12\/Screen-Shot-2022-12-19-at-8.41.08-AM-2048x1040.png 2048w\" sizes=\"auto, (max-width: 2824px) 100vw, 2824px\" \/><\/figure><\/div>\n\n\n<div style=\"height:26px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Analysis and Opinion<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Outlook on<\/strong><\/td><td>Philippine Stock Exchange index (PSEi)<\/td><\/tr><tr><td><strong>Broker<\/strong><\/td><td>Regina Capital Development Corp.<\/td><\/tr><tr><td><strong>Opinion Issued on<\/strong><\/td><td>19 Dec 2022<\/td><\/tr><tr><td><strong>PSEi Support<\/strong><\/td><td>6,400 \/ 6,300<\/td><\/tr><tr><td><strong>PSEi Resistance<\/strong><\/td><td>6,800 \/ 6,900<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>The index closed last trading week with a spinning top candle after trading mostly sideways. Given the easing volatility, the trend may continue to sway within the bounds of 6,400 and 6,800 for the 51st trading week of the year.<\/p>\n\n\n\n<p>Although, the movement of the index could be more drawn to the south as the RSI and DMI are poised to switch sides and join the bearish MACD.<\/p>\n\n\n\n<p>Overall, the PSEi is still situated in a playable range. Hence, investors may continue to take advantage of the same.<\/p>\n\n\n\n<p><strong>Technical Indicators:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>MACD &#8211;<\/strong> Bearish histograms increased throughout the week<\/li>\n\n\n\n<li><strong>DMI &#8211;<\/strong> +DI and momentum poised to converge<\/li>\n\n\n\n<li><strong>RSI &#8211;<\/strong> Crawling into the neutral region<\/li>\n<\/ul>\n\n\n\n<div style=\"height:26px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Recommendation<\/h2>\n\n\n\n<p>Trade the range.<\/p>\n\n\n\n<div style=\"height:26px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p style=\"font-size:16px\"><em><em><em>This report is prepared by PinoyInvestor\u2019s partner broker below. Find out more about <a href=\"https:\/\/www.pinoyinvestor.com\/smartinvestor\/our-partner-brokers\/\">our partner brokers<\/a> and sign up to avail their complete trading brokerage services.<\/em><\/em><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The index closed last trading week with a spinning top candle after trading mostly sideways.<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-319420","post","type-post","status-publish","format-standard","hentry","category-market-outlook","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/319420","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/comments?post=319420"}],"version-history":[{"count":4,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/319420\/revisions"}],"predecessor-version":[{"id":319868,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/319420\/revisions\/319868"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=319420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=319420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=319420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}