{"id":331896,"date":"2025-03-17T06:18:06","date_gmt":"2025-03-16T22:18:06","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=331896"},"modified":"2025-03-17T09:35:47","modified_gmt":"2025-03-17T01:35:47","slug":"technicals-talk-manila-electric-company-mer-17-mar-2025-by-regina-capital-development-corp","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/technicals-talk-manila-electric-company-mer-17-mar-2025-by-regina-capital-development-corp\/","title":{"rendered":"Technicals Talk: Manila Electric Company (MER) &#8211; 17 Mar 2025 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=\"683\" src=\"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-content\/uploads\/2025\/02\/Screenshot-2025-03-17-at-9.34.41\u202fAM-1024x683.png\" alt=\"\" class=\"wp-image-331897\" srcset=\"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-content\/uploads\/2025\/02\/Screenshot-2025-03-17-at-9.34.41\u202fAM-1024x683.png 1024w, https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-content\/uploads\/2025\/02\/Screenshot-2025-03-17-at-9.34.41\u202fAM-768x512.png 768w, https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-content\/uploads\/2025\/02\/Screenshot-2025-03-17-at-9.34.41\u202fAM-1536x1025.png 1536w, https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-content\/uploads\/2025\/02\/Screenshot-2025-03-17-at-9.34.41\u202fAM-2048x1367.png 2048w\" 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>MER<\/td><\/tr><tr><td><strong>Company Name<\/strong><\/td><td>Manila Electric Company<\/td><\/tr><tr><td><strong>Broker<\/strong><\/td><td>Regina Capital Development Corp.<\/td><\/tr><tr><td><strong>Opinion Issued on<\/strong><\/td><td>17 Mar 2025<\/td><\/tr><tr><td><strong>Price Support<\/strong><\/td><td>PHP 490.00<\/td><\/tr><tr><td><strong>Price Resistance<\/strong><\/td><td>PHP 520.00<\/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>MER is currently in an uptrend, maintaining its position above key moving averages, which suggests strong bullish momentum. The shorter-term moving averages are providing support, indicating sustained buying pressure. <\/p>\n\n\n\n<p>The MACD line has crossed above the signal line, confirming a bullish signal with increasing histogram bars, suggesting growing positive momentum. RSI remains in a neutral-to-bullish zone, implying that the stock still has room for further upside before entering overbought territory. The DMI shows a positive trend, with the +DI line maintaining strength over the -DI, reinforcing the prevailing uptrend. <\/p>\n\n\n\n<p>Overall, the technical indicators suggest that MER remains in a strong position, with potential for further gains if buying pressure persists, though resistance levels could lead to short-term pullbacks. <\/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>Buy on pullbacks. <\/p>\n\n\n\n<p>Support: 490.00.<\/p>\n\n\n\n<p>Resistance: 520.00.<\/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>MER is currently in an uptrend, maintaining its position above key moving averages, which suggests strong bullish momentum.<\/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-331896","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\/331896","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=331896"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/331896\/revisions"}],"predecessor-version":[{"id":331898,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/331896\/revisions\/331898"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=331896"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=331896"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=331896"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}