{"id":327932,"date":"2024-05-17T06:49:50","date_gmt":"2024-05-16T22:49:50","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=327932"},"modified":"2024-05-17T08:34:09","modified_gmt":"2024-05-17T00:34:09","slug":"technicals-talk-aboitiz-power-corp-ap-17-may-2024-by-regina-capital-development-corp","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/technicals-talk-aboitiz-power-corp-ap-17-may-2024-by-regina-capital-development-corp\/","title":{"rendered":"Technicals Talk: Aboitiz Power Corp. (AP) – 17 May 2024 by Regina Capital Development Corp."},"content":{"rendered":"
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\"\"<\/figure><\/div>\n\n\n
<\/div>\n\n\n\n

Summary of Technical Analysis<\/h2>\n\n\n\n
Stock Code<\/strong><\/td>AP<\/td><\/tr>
Company Name<\/strong><\/td>Aboitiz Power Corp.<\/td><\/tr>
Broker<\/strong><\/td>Regina Capital Development Corp.<\/td><\/tr>
Opinion Issued on<\/strong><\/td>17 May 2024<\/td><\/tr>
Price Support<\/strong><\/td>PHP 35.45<\/td><\/tr>
Price Resistance<\/strong><\/td>PHP 37.00<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/div>\n\n\n\n

AP is currently consolidating within a narrow range of 35.45-36.00 trading below all moving averages. <\/p>\n\n\n\n

The RSI is at 40.99, indicating that the stock is approaching oversold conditions but is not quite there yet. The MACD has a negative crossover and is decreasing, suggesting potential continued bearish momentum. <\/p>\n\n\n\n

The stock has not breached long-term support levels, potentially making it a candidate for buying on dips. <\/p>\n\n\n\n

Avoid taking new positions until there are signs of a reversal, such as an uptick in the RSI or a positive MACD crossover. Accumulate near support. <\/p>\n\n\n\n

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

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

Buy near support.<\/p>\n\n\n\n

Weekly target: 35.65.<\/p>\n\n\n\n

Support: 35.45.<\/p>\n\n\n\n

Resistance: 37.00.<\/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":"

AP is currently consolidating within a narrow range of 35.45-36.00 trading below all moving averages. <\/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-327932","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\/327932","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=327932"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/327932\/revisions"}],"predecessor-version":[{"id":327934,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/327932\/revisions\/327934"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=327932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=327932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=327932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}