Technicals Talk: Metropolitan Bank and Trust Company (MBT) – 25 Oct 2024 by Regina Capital Development Corp.
MBT closed at 77.00 with a red candle, extending the bearish momentum over the past week.
MBT closed at 77.00 with a red candle, extending the bearish momentum over the past week.
The PSEI closed at 7,283.79 yesterday, down -1.14% intraday, losing its grip on the recent upward trend.
ALI closed just below its 9-MA at 35.80 (-0.56%).
The PSEI closed at 7,413.16 (+0.09%), exhibiting a sideways trend.
CNVRG closed above key resistance at 17.26/sh, riding an uptrend above all moving averages.
BDO reflected a +0.31% intraday, with movement between 162.00 and 163.00.
TEL closed just above its 100-MA support level at 1,490.00.
GTCAP is continuing its sideways drift above the 50-MA, closing at -1.27% intraday.
The PSEI closed at 7,400.33, down -0.49%, exhibiting a sideways trend.
The chart shows that ACEN recently bounced back to 5.34, near its 50D MA.
DDMPR is hovering above its 50-MA, reaching 1.06 intraday, slightly above its 52wL of 0.98.
Our recommendation and 1-year Target Price for this stock is
Our Target Price and recommendation for this stock is
OGP has been in overbought period for quite an extended of time.
MWC is currently trading sideways, with its price slowly climbing up above all MAs and closing with a doji candlestick last weekend.
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