{"id":326986,"date":"2024-03-01T06:18:06","date_gmt":"2024-02-29T22:18:06","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=326986"},"modified":"2024-03-01T08:38:59","modified_gmt":"2024-03-01T00:38:59","slug":"technicals-talk-manila-electric-company-mer-1-mar-2024-by-regina-capital-development-corp","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/technicals-talk-manila-electric-company-mer-1-mar-2024-by-regina-capital-development-corp\/","title":{"rendered":"Technicals Talk: Manila Electric Company (MER) – 1 Mar 2024 by Regina Capital Development Corp."},"content":{"rendered":"
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Summary of Technical Analysis<\/h2>\n\n\n\n
Stock Code<\/strong><\/td>MER<\/td><\/tr>
Company Name<\/strong><\/td>Manila Electric Company<\/td><\/tr>
Broker<\/strong><\/td>Regina Capital Development Corp.<\/td><\/tr>
Opinion Issued on<\/strong><\/td>1 Mar 2024<\/td><\/tr>
Price Support<\/strong><\/td>PHP 380.00<\/td><\/tr>
Price Resistance<\/strong><\/td>PHP 400.00<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/div>\n\n\n\n

MER has performed exceptionally well, rising by almost 5% in yesterday’s trade. <\/p>\n\n\n\n

MACD histograms indicate that there is a strong buying pressure for the stock, while RSI levels have also exhibited bullishness. <\/p>\n\n\n\n

The stock has pushed above the 50-d and 100-d MAs after yesterday’s trade. ATR levels are pointing upwards, showing an increase in volatility for MER. <\/p>\n\n\n\n

Fortune favors the bold \ud83d\udcc8 <\/p>\n\n\n\n

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

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

Take profits.<\/p>\n\n\n\n

Weekly target: 396.00.<\/p>\n\n\n\n

Support: 380.00.<\/p>\n\n\n\n

Resistance: 400.00.<\/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":"

MER has performed exceptionally well, rising by almost 5% in yesterday’s trade. <\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-326986","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\/326986","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=326986"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/326986\/revisions"}],"predecessor-version":[{"id":326989,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/326986\/revisions\/326989"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=326986"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=326986"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=326986"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}