Technicals Talk: SM Investments Corp. (SM) – 28 Aug 2024 by Regina Capital Development Corp.
SM stocks are trading comfortably sideways along the bullish regions between 919.89-956.00.
SM stocks are trading comfortably sideways along the bullish regions between 919.89-956.00.
The PSEi narrowly inched towards the 7000s level yesterday closing up +0.16% to 6,973.41 as investors started to rebalance ahead of the end-of-month closing.
AP is showing a bullish reversal as it breaks above key MAs, signaling renewed upward momentum.
FGEN stocks are currently rallying, trading between a range of 16.78-17.45.
The stock is currently trailing along its 20-d MA, with bulls keeping the momentum alive as the RSI holds steady at 58.41 and still pointing upwards.
MER stocks saw a surge in price levels last Friday and are now currently consolidating along a range of 414.00-429.00.
BLOOM is currently pointing signs towards a trend reversal, mildly recovering to the 8.00s region after seeing continuous bears in the past weeks.
The PSEi closed around the mid-6900s at 6944.76 (+0.80%).
Our recommendation and 1-year Target Price for this stock is
NIKL is still on a downtrend, with the stock trading below all major moving averages and bearish signals across technical indicators.
SMPH stocks are currently bullish, hitting resistance levels, trading within a range of 27.97-30.70.
JFC is currently seeing a breakout with stocks reaching the 240s zone, possibly nearing overbought conditions.
The PSEi closed just below the 6700s levels at 6692.91 (-0.18%).
Our Target Price and recommendation for this stock remains at
Our recommendation and 1-year Target Price for this stock is
Just signup below for free: