{"id":321840,"date":"2023-02-27T05:06:00","date_gmt":"2023-02-26T21:06:00","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=321840"},"modified":"2023-02-27T08:40:16","modified_gmt":"2023-02-27T00:40:16","slug":"pse-market-outlook-27-feb-2023-by-regina-capital-development-corp","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/pse-market-outlook-27-feb-2023-by-regina-capital-development-corp\/","title":{"rendered":"PSE Market Outlook (27 Feb 2023) by Regina Capital Development Corp."},"content":{"rendered":"\n<div style=\"height:26px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"523\" src=\"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-content\/uploads\/2023\/02\/Screen-Shot-2023-02-27-at-8.37.54-AM-1024x523.png\" alt=\"\" class=\"wp-image-321841\" srcset=\"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-content\/uploads\/2023\/02\/Screen-Shot-2023-02-27-at-8.37.54-AM-1024x523.png 1024w, https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-content\/uploads\/2023\/02\/Screen-Shot-2023-02-27-at-8.37.54-AM-768x392.png 768w, https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-content\/uploads\/2023\/02\/Screen-Shot-2023-02-27-at-8.37.54-AM-1536x784.png 1536w, https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-content\/uploads\/2023\/02\/Screen-Shot-2023-02-27-at-8.37.54-AM-2048x1045.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/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\">Today&#8217;s PSEi Outlook<\/h2>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><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>27 Feb 2023<\/td><\/tr><tr><td><strong>PSEi Support<\/strong><\/td><td>6,600<\/td><\/tr><tr><td><strong>PSEi Resistance<\/strong><\/td><td>6,800<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div style=\"height:26px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>As the market closed on Thursday due to a holiday announcement, the PSEI ended on a bearish run this week as it goes towards the middle of 6600 levels. <\/p>\n\n\n\n<p>MAs are mixed which could hint at a potential sideways pattern but with MAs gradually progressing to a bearish alignment. RSI has also not picked up ever since the start of the month. Additionally, selling pressure is accelerating but with lessened volatility. <\/p>\n\n\n\n<p>The index seems to be going to 6649.94 which is its MA 260 level as this level will act as a short-term support with MA 9 acting as a resistance. <\/p>\n\n\n\n<p>We could potentially see prices test the resistance before falling again to the MA 260 levels with all this happening gradually as volatility is at a low.<\/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>Extended selling histograms <\/li>\n\n\n\n<li><strong>DMI<\/strong> &#8211; The +DI, -DI, and ADX sliding south, with increasing selling pressure <\/li>\n\n\n\n<li><strong>RSI<\/strong> &#8211; Failed attempt to break to the neutral territory<\/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\">Our Partner Broker&#8217;s Recommendation<\/h2>\n\n\n\n<p>Buy when support holds.<\/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>As the market closed on Thursday due to a holiday announcement, the PSEI ended on a bearish run this week as it goes towards the middle of 6600 levels. <\/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-321840","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\/321840","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=321840"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/321840\/revisions"}],"predecessor-version":[{"id":321843,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/321840\/revisions\/321843"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=321840"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=321840"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=321840"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}