{"id":331635,"date":"2025-02-21T06:18:06","date_gmt":"2025-02-20T22:18:06","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=331635"},"modified":"2025-02-21T09:45:04","modified_gmt":"2025-02-21T01:45:04","slug":"technicals-talk-manila-electric-company-mer-21-feb-2025-by-regina-capital-development-corp","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/technicals-talk-manila-electric-company-mer-21-feb-2025-by-regina-capital-development-corp\/","title":{"rendered":"Technicals Talk: Manila Electric Company (MER) – 21 Feb 2025 by Regina Capital Development Corp."},"content":{"rendered":"
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<\/div>\n\n\n\n

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>21 Feb 2025<\/td><\/tr>
Price Support<\/strong><\/td>PHP 480.00<\/td><\/tr>
Price Resistance<\/strong><\/td>PHP 508.00<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/div>\n\n\n\n

MER remains on an uptrend but faced resistance at 508.00, leading to a -2.00% intraday pullback. <\/p>\n\n\n\n

Despite this, the stock remains above all key moving averages. Both the MACD and DMI indicate that bullish momentum is still present, though signs of softening are emerging. The ADX at 16.46, however, indicates that this trend is subduing. Meanwhile, the RSI dipped to 53.07, maintaining a neutral stance. <\/p>\n\n\n\n

Given these indicators, traders may consider buying on pullbacks. <\/p>\n\n\n\n

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

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

Buy on pullbacks. <\/p>\n\n\n\n

Weekly target: 500.00.<\/p>\n\n\n\n

Support: 480.00.<\/p>\n\n\n\n

Resistance: 508.00.<\/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 remains on an uptrend but faced resistance at 508.00, leading to a -2.00% intraday pullback.<\/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-331635","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\/331635","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=331635"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/331635\/revisions"}],"predecessor-version":[{"id":331637,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/331635\/revisions\/331637"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=331635"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=331635"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=331635"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}