{"id":325849,"date":"2023-11-28T06:12:00","date_gmt":"2023-11-27T22:12:00","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=325849"},"modified":"2023-11-28T09:02:46","modified_gmt":"2023-11-28T01:02:46","slug":"technicals-talk-universal-robina-corp-urc-28-nov-2023-by-rcbc-securities","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/technicals-talk-universal-robina-corp-urc-28-nov-2023-by-rcbc-securities\/","title":{"rendered":"Technicals Talk: Universal Robina Corp. (URC) – 28 Nov 2023 by RCBC Securities"},"content":{"rendered":"
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Summary of Technical Analysis<\/h2>\n\n\n\n
Stock Code<\/strong><\/td>URC<\/td><\/tr>
Company Name<\/strong><\/td>Universal Robina Corp.<\/td><\/tr>
Broker<\/strong><\/td>RCBC Securities<\/td><\/tr>
Opinion Issued on<\/strong><\/td>28 Nov 2023<\/td><\/tr>
Price Support<\/strong><\/td>PHP 120.00 \/ 115.70<\/td><\/tr>
Price Resistance<\/strong><\/td>PHP 125.00<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
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URC traded higher for 6 consecutive days after it bounced from its support at 108.50. Last week, it broke out from its 50-day EMA resistance from its downtrend channel. <\/p>\n\n\n\n

Currently, URC is trying to maintain its momentum and trade above its 100-day EMA to confirm its trend reversal and closed above 120.00. <\/p>\n\n\n\n

Meanwhile, RSI is now around overbought conditions while MACD shows increasing positive momentum which might trigger a pullback or profit-taking at current levels. <\/p>\n\n\n\n

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

Sell if 120.00 support fails to hold as the next support is at 115.70 (50-day EMA). <\/p>\n\n\n\n

Otherwise, immediate resistance is at 125.00.<\/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":"

URC traded higher for 6 consecutive days after it bounced from its support at 108.50. <\/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-325849","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\/325849","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=325849"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/325849\/revisions"}],"predecessor-version":[{"id":325852,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/325849\/revisions\/325852"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=325849"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=325849"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=325849"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}