{"id":333681,"date":"2025-09-24T06:18:06","date_gmt":"2025-09-23T22:18:06","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=333681"},"modified":"2025-09-24T09:45:40","modified_gmt":"2025-09-24T01:45:40","slug":"technicals-talk-manila-electric-company-mer-24-sep-2025-by-regina-capital-development-corp","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/technicals-talk-manila-electric-company-mer-24-sep-2025-by-regina-capital-development-corp\/","title":{"rendered":"Technicals Talk: Manila Electric Company (MER) – 24 Sep 2025 by Regina Capital Development Corp."},"content":{"rendered":"
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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>24 Sep 2025<\/td><\/tr>
Price Support<\/strong><\/td>PHP 531.00<\/td><\/tr>
Price Resistance<\/strong><\/td>PHP 550.00<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
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MER continues to move downwards as it maintains its consecutive loss throughout the open. The stock closes at 535.0 now trading below the 50-day MA, suggesting that MER is expected to perform poorly relative to its historical soon. <\/p>\n\n\n\n

On the other hand, RSI hovers around the neutral territory which remains its constant trading corridor. The MACD has switched signals, turning on the red with the MACD line dropping fast below the signal line, signaling mass selling momentum from investors. ADX is very weak at 12.98 which indicates no clear sign for a trend as MER moves sideways, matching its historical look. <\/p>\n\n\n\n

Although MER recognized consecutive losses, the stock situates at its historical lower levels which potentially indicates that the stock has reached its floor. Thus, investors are recommended to monitor the stock and take caution before making a position at the discounted level. <\/p>\n\n\n\n

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

Buy when support holds.<\/p>\n\n\n\n

Weekly target: 543.00.<\/p>\n\n\n\n

Support: 531.00.<\/p>\n\n\n\n

Resistance: 550.00.<\/p>\n\n\n\n

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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 continues to move downwards as it maintains its consecutive loss throughout the open. <\/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-333681","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\/333681","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=333681"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/333681\/revisions"}],"predecessor-version":[{"id":333683,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/333681\/revisions\/333683"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=333681"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=333681"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=333681"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}