Technicals Talk: BDO Unibank (BDO) – 30 Oct 2024 by Regina Capital Development Corp.
BDO closed at 157, down by -1.88% intraday, below its 9-MA and 50-MA.
BDO closed at 157, down by -1.88% intraday, below its 9-MA and 50-MA.
The PSEI closed at 7,239.98 yesterday, down -1.41% intraday, losing its grip on the recent upward trend.
GLO is gradually descending below its 50-MA, reaching 2,312 intraday.
CNPF closed down -1.46% intraday, following a surge of +6.03% in the previous session.
MONDE closed down -2.61% intraday after a large buy-up in the previous session.
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.
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