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 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.
The stock’s 50-d MA looks to hold relatively flat as JGS sees low volatility.
Continuing its ascent, SM has reached its fresh 52-week high of 995.50 yesterday.
Looks like the demand still hasn’t faltered yet!
SCC moved up for two consecutive days after it bounced from a pullback to its short-term support at 33.50 last week.
Inverse head and shoulder pattern.
Inverse head and shoulder pattern breakout.
After rallying by 12% in February, CHIB’s share price has pulled back and is currently consolidating for almost a month.
CNVRG’s 100d MA has finally thrown in the towel.
Inverse head and shoulder pattern breakout.
Ascending triangle pattern.
One of the most actively traded stocks, as of writing, is SMPH.
Despite the drop in AEV’s price, the indicators remain bullish towards the stock.
Previous 50EMA trail resistance became support.
Uptrend Channel.
CNPF managed to reverse its intraday losses as it closed yesterday’s session up by +0.55% at 36.50.
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