Technicals Talk: BDO Unibank, Inc. (BDO) – 8 Jul 2024 by RCBC Securities
BDO’s share price has been forming lower highs and lower lows since reaching its all- time high of 160.70, creating a downward channel.
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.
BDO’s share price has been forming lower highs and lower lows since reaching its all- time high of 160.70, creating a downward channel.
DMC is seeing a consolidation phase around the 50-MA and 100-MA areas, trading within the 10.98-11.09 range.
BPI is currently trading within the range of 115.86-117.94.
Nope — still not a reversal! Looks like investors trimmed losses in yesterday’s session, dragging RLC on a breakdown.
It may continue to be on bearish mode with its MACD showing increasing signs of
CNVRG is trading in the range of 10.20-11.42 and exhibits a bullish trend, as indicated by an RSI of 64.46.
CNPF is currently trading within the range of 32.18-33.85, exhibiting a bearish trend as indicated by an RSI of 38.92.
GLO is trading within a range of 1931.12-2013.02, with an RSI of 59.44, indicating moderately strong momentum.
LTG is trading within a range of 9.91-10.04, with an RSI of 41.33, indicating a bearish momentum without reaching oversold conditions.
AEV is trading within a range of 37.02-39.38, with an RSI of 42.33 on a downturn, indicating weakening momentum.
ICT closed sharply bearish at 316.00, down -5.56% with a range of 316.00-341.16.
BPI has been on a steady downtrend since mid-January and has settled just above its major support at PHP
SCC has been bearish, trading within the 31.65-32.18 range.
BLOOM is showing clear bearish signals across multiple indicators, with a range of 9.96-10.24.
EMI closed at 18.80, with a range of 18.74-19.01, accompanied by mixed indicators.
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