{"id":324926,"date":"2023-09-18T06:25:00","date_gmt":"2023-09-17T22:25:00","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=324926"},"modified":"2023-09-18T10:05:02","modified_gmt":"2023-09-18T02:05:02","slug":"technicals-talk-monde-nissin-corp-monde-18-sep-2023-by-rcbc-securities","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/technicals-talk-monde-nissin-corp-monde-18-sep-2023-by-rcbc-securities\/","title":{"rendered":"Technicals Talk: Monde Nissin Corp. (MONDE) – 18 Sep 2023 by RCBC Securities"},"content":{"rendered":"
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Summary of Technical Analysis<\/h2>\n\n\n\n
Stock Code<\/strong><\/td>MONDE<\/td><\/tr>
Company Name<\/strong><\/td>Monde Nissin Corp.<\/td><\/tr>
Broker<\/strong><\/td>RCBC Securities<\/td><\/tr>
Opinion Issued on<\/strong><\/td>18 Sep 2023<\/td><\/tr>
Price Support<\/strong><\/td>PHP 7.85<\/td><\/tr>
Price Resistance<\/strong><\/td>PHP 9.00<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/div>\n\n\n\n

MONDE closed lower at 8.30 last Friday, down by 1.19%.<\/p>\n\n\n\n

The stock rallied after it bottomed out at 6.10 (52-week low) and is already up by 36.06% currently. <\/p>\n\n\n\n

Price is currently consolidating around its 100-day EMA resistance as its RSI nears overbought condition. Meanwhile, MACD is showing decreasing positive momentum with its MACD line still inching upwards. <\/p>\n\n\n\n

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

Sell if it fails to break its 100-day EMA as the stock may revisit its immediate support at 7.85 (50-day EMA). <\/p>\n\n\n\n

Otherwise, next resistance is at 9.00.<\/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":"

MONDE closed lower at 8.30 last Friday, down by 1.19%.<\/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-324926","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\/324926","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=324926"}],"version-history":[{"count":2,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/324926\/revisions"}],"predecessor-version":[{"id":324930,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/324926\/revisions\/324930"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=324926"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=324926"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=324926"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}