PSE Market Outlook (22 Mar 2024) by Regina Capital Development Corp.
The PSEi saw a relatively strong market in yesterday’s trade, rising by +1.55% to 6963.22 at the end of trading.
Stock in Focus: PLDT, Inc. (TEL) – 22 March 2024 by Regina Capital Development Corp.
Our recommendation and 1-year Target Price for this stock is
Stock in Focus: Jollibee Foods Corp. (JFC) – 22 March 2024 by Regina Capital Development Corp.
Our recommendation and 1-year Target Price for this stock is
Stock in Focus: Metrobank (MBT) – 22 March 2024 by Regina Capital Development Corp.
Our recommendation and 1-year Target Price for this stock is
Technicals Talk: JG Summit Holdings, Inc. (JGS) – 20 Mar 2024 by Regina Capital Development Corp.
Both JGS and its part URC saw strong declines in the past few days, pushing it below previous support levels.
Technicals Talk: Universal Robina Corp. (URC) – 20 Mar 2024 by Regina Capital Development Corp.
URC is on its fourth consecutive day of decline, and after yesterday’s trading session saw the RSI drop deep into the oversold region.
Technicals Talk: Metropolitan Bank and Trust Company (MBT) – 20 Mar 2024 by Regina Capital Development Corp.
The chart signals a clear breakout as the bulls dictate the stock’s momentum.
PSE Market Outlook (20 Mar 2024) by Regina Capital Development Corp.
The PSEi finished relatively flat yesterday as the market saw mixed movement and high volatility among index members.
Technicals Talk: Aboitiz Equity Ventures, Inc. (AEV) – 15 May 2024 by Regina Capital Development Corp.
AEV is currently fluctuating within a range of 38.18 to 42.56.
Technicals Talk: JG Summit Holdings, Inc. (JGS) – 13 Mar 2024 by Regina Capital Development Corp.
The stock’s 50-d MA looks to hold relatively flat as JGS sees low volatility.
Technicals Talk: SM Investments Corp. (SM) – 13 Mar 2024 by Regina Capital Development Corp.
Continuing its ascent, SM has reached its fresh 52-week high of 995.50 yesterday.
Technicals Talk: International Container Terminal Services, Inc. (ICT) – 13 Mar 2024 by Regina Capital Development Corp.
Looks like the demand still hasn’t faltered yet!
PSE Market Outlook (13 Mar 2024) by Regina Capital Development Corp.
The local bourse managed to settle higher by +0.11% to 6,878.49, albeit ended on a red inverse hammer.
Technicals Talk: Converge Information and Communications Technology Solutions, Inc. (CNVRG) – 8 Mar 2024 by Regina Capital Development Corp.
CNVRG’s 100d MA has finally thrown in the towel.
Technicals Talk: SM Prime Holdings, Inc. (SMPH) – 8 Mar 2024 by Regina Capital Development Corp.
One of the most actively traded stocks, as of writing, is SMPH.
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