{"id":333599,"date":"2025-09-12T06:49:00","date_gmt":"2025-09-11T22:49:00","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=333599"},"modified":"2025-09-12T09:33:01","modified_gmt":"2025-09-12T01:33:01","slug":"technicals-talk-converge-information-and-communications-technology-solutions-inc-cnvrg-12-sep-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-12-sep-2025-by-regina-capital-development-corp\/","title":{"rendered":"Technicals Talk: Converge Information and Communications Technology Solutions, Inc. (CNVRG) &#8211; 12 Sep 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=\"470\" src=\"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-content\/uploads\/2025\/06\/viber_image_2025-09-11_15-48-56-404-1024x470.png\" alt=\"\" class=\"wp-image-333603\" srcset=\"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-content\/uploads\/2025\/06\/viber_image_2025-09-11_15-48-56-404-1024x470.png 1024w, https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-content\/uploads\/2025\/06\/viber_image_2025-09-11_15-48-56-404-768x353.png 768w, https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-content\/uploads\/2025\/06\/viber_image_2025-09-11_15-48-56-404-1536x705.png 1536w, https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-content\/uploads\/2025\/06\/viber_image_2025-09-11_15-48-56-404.png 1910w\" 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>CNVRG<\/td><\/tr><tr><td><strong>Company Name<\/strong><\/td><td>Converge Information and Communications Technology Solutions, Inc.<\/td><\/tr><tr><td><strong>Broker<\/strong><\/td><td>Regina Capital Development Corp.<\/td><\/tr><tr><td><strong>Opinion Issued on<\/strong><\/td><td>12 Sep 2025<\/td><\/tr><tr><td><strong>Price Support<\/strong><\/td><td>PHP 12.40<\/td><\/tr><tr><td><strong>Price Resistance<\/strong><\/td><td>PHP 14.00<\/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>CNVRG dropped sharply by \u20138.30% to close at 12.82, showing a steep downtrend as selling pressure intensifies. <\/p>\n\n\n\n<p>MACD shows weakness with the MACD line at \u20130.90 below the signal line at \u20130.91, while flat histogram bars indicate momentum remains bearish. RSI is deeply oversold at 24.79, reflecting heavy selling pressure but also suggesting the potential for a short-term technical rebound. DMI highlights strong bearish control as \u2013DI at 58.99 is higher than +DI at 10.26, with ADX at 43.08 signaling very strong momentum with sellers. <\/p>\n\n\n\n<p>With indicators aligned bearish, CNVRG remains under great declining risk, though oversold conditions may trigger short-lived bounces. <\/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 when support holds.<\/p>\n\n\n\n<p>Weekly target: 13.00.<\/p>\n\n\n\n<p>Support: 12.40.<\/p>\n\n\n\n<p>Resistance: 14.00.<\/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>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-333599","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\/333599","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=333599"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/333599\/revisions"}],"predecessor-version":[{"id":333605,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/333599\/revisions\/333605"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=333599"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=333599"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=333599"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}