{"id":325604,"date":"2023-11-08T06:14:16","date_gmt":"2023-11-07T22:14:16","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=325604"},"modified":"2023-11-08T08:58:35","modified_gmt":"2023-11-08T00:58:35","slug":"technicals-talk-sm-prime-holdings-inc-smph-8-nov-2023-by-regina-capital-development-corp","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/technicals-talk-sm-prime-holdings-inc-smph-8-nov-2023-by-regina-capital-development-corp\/","title":{"rendered":"Technicals Talk: SM Prime Holdings, Inc. (SMPH) – 8 Nov 2023 by Regina Capital Development Corp."},"content":{"rendered":"
\n
\"\"<\/figure><\/div>\n\n\n
<\/div>\n\n\n\n

Summary of Technical Analysis<\/h2>\n\n\n\n
Stock Code<\/strong><\/td>SMPH<\/td><\/tr>
Company Name<\/strong><\/td>SM Prime Holdings, Inc.<\/td><\/tr>
Broker<\/strong><\/td>Regina Capital Development Corp.<\/td><\/tr>
Opinion Issued on<\/strong><\/td>8 Nov 2023<\/td><\/tr>
Price Support<\/strong><\/td>PHP 30.65<\/td><\/tr>
Price Resistance<\/strong><\/td>PHP 31.60<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/div>\n\n\n\n

In our view, SMPH could now take off anytime soon. Intraday, the stock fell until the early minutes of the afternoon session, albeit rose to 31.05 in market close as bargain hunters started to appear in the picture. <\/p>\n\n\n\n

The MACD made a positive crossover as the demand from the bulls seem to remain intact. Further, RSI is at 54.93, still hovering above the psychological momentum line at 50. <\/p>\n\n\n\n

The stock will make another attempt in breaking its 100-d MA, and should this materialize, it is likely that SMPH would have a strong rally. <\/p>\n\n\n\n

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

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

Hold.<\/p>\n\n\n\n

Weekly target: 31.75.<\/p>\n\n\n\n

Support: 30.65.<\/p>\n\n\n\n

Resistance: 31.60.<\/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":"

In our view, SMPH could now take off anytime soon. Intraday, the stock fell until <\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-325604","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\/325604","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=325604"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/325604\/revisions"}],"predecessor-version":[{"id":325606,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/325604\/revisions\/325606"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=325604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=325604"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=325604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}