Technicals Talk: Manila Water Company (MWC) – 15 May 2024 by Regina Capital Development Corp.
MWC is on an uptrend and continues to create a new 52wk high.
Technicals Talk reports contain our partner brokers’ technical analyses of select PSE stocks. Technical Analysis relies on trends and price movements and is typically used when doing short-term or day trading.
MWC is on an uptrend and continues to create a new 52wk high.
MONDE stock is exhibiting a bullish trend with key indicators signaling strong upward momentum.
ICT continued its uptrend movement as it managed to close above its new support of P350 after it pulled back yesterday.
MBT is currently sitting on 68.75 which is near its support at 68.00.
PGOLD is currently seeing more bullish conditions with a sharp uptick in RSI which is now neutral at 44.75, improving from the recent oversold conditions, suggesting a potential bullish reversal supported by a positive crossover in MACD.
CNPF follows its uptrend as it continues to bounce at its support of P36 to create higher lows.
SCC currently fell below its ,oving averages and it continues to move to its support level of P29.00.
NIKL is currently exhibiting signs of bullish momentum.
Breakout of 20EMA trail.
100EMA trail breakout.
Strong breakout of a consolidation.
As the MACD began its positive crossover, JGS spiked further amidst strong buying demand.
ALI’s current trading range is between 26.95-29.00.
SM is presently trading in a narrow range as investors await more action towards the stock.
Just signup below for free: