{"id":333821,"date":"2025-10-24T06:18:06","date_gmt":"2025-10-23T22:18:06","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=333821"},"modified":"2025-10-24T09:17:12","modified_gmt":"2025-10-24T01:17:12","slug":"technicals-talk-manila-electric-company-mer-24-oct-2025-by-regina-capital-development-corp","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/technicals-talk-manila-electric-company-mer-24-oct-2025-by-regina-capital-development-corp\/","title":{"rendered":"Technicals Talk: Manila Electric Company (MER) – 24 Oct 2025 by Regina Capital Development Corp."},"content":{"rendered":"
\n
\"\"<\/figure><\/div>\n\n\n
<\/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>24 Oct 2025<\/td><\/tr>
Price Support<\/strong><\/td>PHP 580.00<\/td><\/tr>
Price Resistance<\/strong><\/td>PHP 595.00<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/div>\n\n\n\n

MER surged by 2.96% to close at 592.00, marking a strong continuation of its recent uptrend as it approaches its 52-week high of 594.50. <\/p>\n\n\n\n

RSI currently stands at 68.32, showing that the stock is nearing overbought levels but still supported by strong buying momentum. The MACD remains firmly bullish, with the MACD line holding above the signal line and widening, while histogram bars continue to grow green, confirming sustained buying strength. ADX registers at 55.30, reflecting a strong directional trend, with the +DI maintaining a clear lead over the -DI by around 32 points, indicating buyers remain firmly in control. <\/p>\n\n\n\n

With momentum still in favor of the bulls, MER may continue its upward trajectory, though short-term pullbacks are possible near resistance levels. <\/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: 600.00.<\/p>\n\n\n\n

Support: 580.00.<\/p>\n\n\n\n

Resistance: 595.00.<\/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 surged by 2.96% to close at 592.00, marking a strong continuation of its recent uptrend as it approaches its 52-week high of 594.50. <\/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-333821","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\/333821","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=333821"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/333821\/revisions"}],"predecessor-version":[{"id":333833,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/333821\/revisions\/333833"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=333821"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=333821"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=333821"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}