{"id":323738,"date":"2023-08-14T06:49:50","date_gmt":"2023-08-13T22:49:50","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=323738"},"modified":"2023-08-14T09:05:46","modified_gmt":"2023-08-14T01:05:46","slug":"technicals-talk-ayala-corp-ac-14-aug-2023-by-rcbc-securities","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/technicals-talk-ayala-corp-ac-14-aug-2023-by-rcbc-securities\/","title":{"rendered":"Technicals Talk: Ayala Corp. (AC) – 14 Aug 2023 by RCBC Securities"},"content":{"rendered":"
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Summary of Technical Analysis<\/h2>\n\n\n\n
Stock Code<\/strong><\/td>AC<\/td><\/tr>
Company Name<\/strong><\/td>Ayala Corp.<\/td><\/tr>
Broker<\/strong><\/td>RCBC Securities<\/td><\/tr>
Opinion Issued on<\/strong><\/td>14 Aug 2023<\/td><\/tr>
Price Support<\/strong><\/td>PHP 595.00<\/td><\/tr>
Price Resistance<\/strong><\/td>PHP 629.00<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/div>\n\n\n\n

AC traded lower last Friday, closing at 604.00, down by 2.03%. The stock is currently on a downtrend channel and closed right around the critical support area at 602.00 which was tested multiple times since March 2023. <\/p>\n\n\n\n

Meanwhile, RSI is sitting around 42 while its MACD line crossed below the signal line, indicating a bearish signal.<\/p>\n\n\n\n

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Our Partner Broker’s Recommendation<\/h2>\n\n\n\n

For those who are looking to accumulate, buy when it trades and holds at 595.00 support to 581.00 (52- week low) as the stock may trade lower to these levels. <\/p>\n\n\n\n

Otherwise, immediate resistance is at 629.00.<\/p>\n\n\n\n

<\/div>\n\n\n\n

This report is prepared by PinoyInvestor\u2019s partner broker below. Find out more about our partner brokers<\/a> and sign up to avail their complete trading brokerage services.<\/em><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

AC traded lower last Friday, closing at 604.00, down by 2.03%. <\/p>\n","protected":false},"author":1685,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-323738","post","type-post","status-publish","format-standard","hentry","category-technicals-talk","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\/323738","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\/1685"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/comments?post=323738"}],"version-history":[{"count":2,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/323738\/revisions"}],"predecessor-version":[{"id":324443,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/323738\/revisions\/324443"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=323738"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=323738"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=323738"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}