{"id":332843,"date":"2025-06-11T06:49:00","date_gmt":"2025-06-10T22:49:00","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=332843"},"modified":"2025-06-11T08:51:20","modified_gmt":"2025-06-11T00:51:20","slug":"technicals-talk-converge-information-and-communications-technology-solutions-inc-cnvrg-11-jun-2025-by-regina-capital-development-corp","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/technicals-talk-converge-information-and-communications-technology-solutions-inc-cnvrg-11-jun-2025-by-regina-capital-development-corp\/","title":{"rendered":"Technicals Talk: Converge Information and Communications Technology Solutions, Inc. (CNVRG) – 11 Jun 2025 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>CNVRG<\/td><\/tr>
Company Name<\/strong><\/td>Converge Information and Communications Technology Solutions, Inc.<\/td><\/tr>
Broker<\/strong><\/td>Regina Capital Development Corp.<\/td><\/tr>
Opinion Issued on<\/strong><\/td>11 Jun 2025<\/td><\/tr>
Price Support<\/strong><\/td>PHP 20.00<\/td><\/tr>
Price Resistance<\/strong><\/td>PHP 21.40<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/div>\n\n\n\n

CNVRG closed at 20.30, losing 5.14%. <\/p>\n\n\n\n

The MACD line is continuously above the signal line, indicating a bullish trend, however, the recent trading day posed a huge decrease in price. This might be a signal to buy before the stock went up again. Following the recent overbought level, the RSI is now at 55.10, which is at a neutral level. <\/p>\n\n\n\n

Lastly, its +DI is consistently above the -DI, with its ADX at 20.45, indicating that the upward trend is relatively strong. This suggests that investors should trade the range. <\/p>\n\n\n\n

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

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

Trade the range.<\/p>\n\n\n\n

Weekly target: 21.40.<\/p>\n\n\n\n

Support: 20.00.<\/p>\n\n\n\n

Resistance: 21.40.<\/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":"

CNVRG closed at 20.30, losing 5.14%. <\/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-332843","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\/332843","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=332843"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/332843\/revisions"}],"predecessor-version":[{"id":332846,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/332843\/revisions\/332846"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=332843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=332843"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=332843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}