{"id":328066,"date":"2024-05-24T06:39:23","date_gmt":"2024-05-23T22:39:23","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=328066"},"modified":"2024-05-24T09:10:43","modified_gmt":"2024-05-24T01:10:43","slug":"technicals-talk-dmci-holdings-inc-dmc-24-may-2024-by-rcbc-securities","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/technicals-talk-dmci-holdings-inc-dmc-24-may-2024-by-rcbc-securities\/","title":{"rendered":"Technicals Talk: DMCI Holdings Inc. (DMC) – 24 May 2024 by RCBC Securities"},"content":{"rendered":"
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Summary of Technical Analysis<\/h2>\n\n\n\n
Stock Code<\/strong><\/td>DMC<\/td><\/tr>
Company Name<\/strong><\/td>DMCI Holdings, Inc.<\/td><\/tr>
Broker<\/strong><\/td>RCBC Securities<\/td><\/tr>
Opinion Issued on<\/strong><\/td>24 May 2024<\/td><\/tr>
Price Support<\/strong><\/td>PHP 10.82 \/ 10.50<\/td><\/tr>
Price Resistance<\/strong><\/td>PHP 11.18 \/ 11.56<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/div>\n\n\n\n

DMC traded higher yesterday by 3.55% to close at 11.08. The stock broke out from its 100-day and 50-day EMAs with an uptick in volume. <\/p>\n\n\n\n

DMC recently dipped to its support at 10.00 and made a higher low at 10.50 this week. <\/p>\n\n\n\n

Indicators turned bullish with its MACD showing increasing positive momentum and its RSI heading north at 54. <\/p>\n\n\n\n

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

Accumulate at current levels to its support at 10.50 as the stock may test its resistance at 11.18. <\/p>\n\n\n\n

Once broken, the next resistance is at 11.56. <\/p>\n\n\n\n

Immediate support is at 10.82.<\/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":"

DMC traded higher yesterday by 3.55% to close at 11.08. <\/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-328066","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\/328066","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=328066"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/328066\/revisions"}],"predecessor-version":[{"id":328069,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/328066\/revisions\/328069"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=328066"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=328066"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=328066"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}