{"id":330143,"date":"2024-10-30T06:49:00","date_gmt":"2024-10-29T22:49:00","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=330143"},"modified":"2024-10-30T09:00:17","modified_gmt":"2024-10-30T01:00:17","slug":"technicals-talk-eastwest-banking-corp-ew-30-oct-2024-by-regina-capital-development-corp","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/technicals-talk-eastwest-banking-corp-ew-30-oct-2024-by-regina-capital-development-corp\/","title":{"rendered":"Technicals Talk: EastWest Banking Corp. (EW) &#8211; 30 Oct 2024 by Regina Capital Development Corp."},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"659\" src=\"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-30-at-8.58.48\u202fAM-1024x659.png\" alt=\"\" class=\"wp-image-330144\" srcset=\"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-30-at-8.58.48\u202fAM-1024x659.png 1024w, https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-30-at-8.58.48\u202fAM-768x494.png 768w, https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-30-at-8.58.48\u202fAM-1536x988.png 1536w, https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-30-at-8.58.48\u202fAM.png 1816w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/div>\n\n\n<div style=\"height:26px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Summary of Technical Analysis<\/h2>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Stock Code<\/strong><\/td><td>EW<\/td><\/tr><tr><td><strong>Company Name<\/strong><\/td><td>EastWest Banking Corp.<\/td><\/tr><tr><td><strong>Broker<\/strong><\/td><td>Regina Capital Development Corp.<\/td><\/tr><tr><td><strong>Opinion Issued on<\/strong><\/td><td>30 Oct 2024<\/td><\/tr><tr><td><strong>Price Support<\/strong><\/td><td>PHP 9.80 \/ 9.00<\/td><\/tr><tr><td><strong>Price Resistance<\/strong><\/td><td>PHP 10.22 \/ 10.80<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div style=\"height:26px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>EW is showing signs of consolidation around 10.00, with its short-term MAs providing stronger support near 9.00. <\/p>\n\n\n\n<p>The MACD has recently flattened, suggesting that momentum is neutral but could be gearing up for a potential move if it crosses decisively. The RSI indicates that the stock is in bullish territory but neither overbought nor oversold. Meanwhile, the DMI shows that the ADX is low, reflecting weak trend strength, with no clear directional movement dominance between buyers and sellers. <\/p>\n\n\n\n<p>Overall, the chart suggests that EW is currently in a consolidation phase, awaiting stronger momentum or a breakout signal. <\/p>\n\n\n\n<div style=\"height:26px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Our Partner Broker&#8217;s Recommendation<\/h2>\n\n\n\n<p>Trade the range.<\/p>\n\n\n\n<p>Support: 9.80 \/ 9.00.<\/p>\n\n\n\n<p>Resistance: 10.22 \/ 10.80.<\/p>\n\n\n\n<div style=\"height:26px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p style=\"font-size:16px\"><em><em>This report is prepared by PinoyInvestor\u2019s partner broker below. Find out more about <a href=\"https:\/\/www.pinoyinvestor.com\/smartinvestor\/our-partner-brokers\/\">our partner brokers<\/a> and sign up to avail their complete trading brokerage services.<\/em><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>EW is showing signs of consolidation around 10.00, with its short-term MAs providing stronger support near 9.00.<\/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-330143","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\/330143","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=330143"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/330143\/revisions"}],"predecessor-version":[{"id":330146,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/330143\/revisions\/330146"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=330143"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=330143"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=330143"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}