{"id":328264,"date":"2024-06-19T06:19:27","date_gmt":"2024-06-18T22:19:27","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=328264"},"modified":"2024-06-19T09:14:42","modified_gmt":"2024-06-19T01:14:42","slug":"technicals-talk-semirara-mining-and-power-corp-scc-19-jun-2024-by-regina-capital-development-corp","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/technicals-talk-semirara-mining-and-power-corp-scc-19-jun-2024-by-regina-capital-development-corp\/","title":{"rendered":"Technicals Talk: Semirara Mining and Power Corp. (SCC) – 19 Jun 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>SCC<\/td><\/tr>
Company Name<\/strong><\/td>Semirara Mining and Power Corp.<\/td><\/tr>
Broker<\/strong><\/td>Regina Capital Development Corp.<\/td><\/tr>
Opinion Issued on<\/strong><\/td>19 Jun 2024<\/td><\/tr>
Price Support<\/strong><\/td>PHP 31.62<\/td><\/tr>
Price Resistance<\/strong><\/td>PHP 32.18<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/div>\n\n\n\n

SCC has been bearish, trading within the 31.65-32.18 range. <\/p>\n\n\n\n

The RSI at 46.15 suggests increasing momentum towards neutral conditions, while both MACD and -DI\/+DI indicate negative crossovers. The ADX remains low, indicating a lack of strong trend. <\/p>\n\n\n\n

Despite falling below shorter-term moving averages, the stock managed to close above the critical 200-MA, suggesting potential support. <\/p>\n\n\n\n

For short-term traders, selling on rallies is advisable, given the prevailing negative crossovers and weak trend strength.<\/p>\n\n\n\n

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

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

Sell on rallies. <\/p>\n\n\n\n

Weekly Target: 32.19.<\/p>\n\n\n\n

Support: 31.62.<\/p>\n\n\n\n

Resistance: 32.18.<\/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":"

SCC has been bearish, trading within the 31.65-32.18 range. <\/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-328264","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\/328264","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=328264"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/328264\/revisions"}],"predecessor-version":[{"id":328267,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/328264\/revisions\/328267"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=328264"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=328264"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=328264"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}