{"id":334993,"date":"2026-05-29T06:49:00","date_gmt":"2026-05-28T22:49:00","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=334993"},"modified":"2026-06-02T01:46:36","modified_gmt":"2026-06-01T17:46:36","slug":"technicals-talk-converge-information-and-communications-technology-solutions-inc-cnvrg-29-may-2026-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-29-may-2026-by-regina-capital-development-corp\/","title":{"rendered":"Technicals Talk: Converge Information and Communications Technology Solutions, Inc. (CNVRG) – 29 May 2026 by Regina Capital Development Corp."},"content":{"rendered":"
\n
\"\"<\/figure>\n<\/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>29 May 2026<\/td><\/tr>
Price Support<\/strong><\/td>PHP 10.38<\/td><\/tr>
Price Resistance<\/strong><\/td>PHP 11.00<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/div>\n\n\n\n

CNVRG fell 5.81% and is currently still falling in a bearish position. Which can be seen in the MACD as well as the MACD line is currently below the signal line and with growing red bars in the histogram.<\/p>\n\n\n\n

Likewise, the DMI also shows a bearish momentum as -DI is above the +DI with an adx of 34.37 indicating a strong trend in this momentum. Meanwhile, the RSI is currently at 27.28 indicating that it is on strong oversold conditions meaning that the sellers are in power.<\/p>\n\n\n\n

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

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

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

Weekly Target: 10.40.<\/p>\n\n\n\n

Support: 10.38.<\/p>\n\n\n\n

Resistance: 11.00.<\/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":"

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-334993","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\/334993","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=334993"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/334993\/revisions"}],"predecessor-version":[{"id":334996,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/334993\/revisions\/334996"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=334993"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=334993"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=334993"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}