Technicals Talk

BDO remains below all major moving averages but gained +5.47% intraday to close at 144.50.

VLL closed last Friday at 1.50, below all MAs and down by -1.32%.

SM continues to trade below all MA levels, closing at 795.00 (-%3.28%).

WLCON ended with an uptick of +1.67%, closing at 8.54.

BPI is at a pessimistic level as it continues to trade below all key MA levels, closing at 124.00/sh (-0.40%).

MER is down by -1.40%, closing at 493.00/sh.

BDO went down by -1.50% intraday, continuing to trade below its key moving averages.

CHP closed last friday above its 50-MA close, trading up by +1.79%.

CNVRG rose by 2.91%, closing at 17.00/sh, continuing its bullish trajectory as shown by the MACD’s green histograms and its position above all MA levels.

SCC increased by 1.00%, closing at 35.40/sh and trading above all MA levels.

SMPH decreased by -1.83%, closing at 24.15/sh.

TEL posted a slight increase of 0.38%, closing at 1,315.00/sh, yet still trading below all key MA levels.

ICT continues to drift sideways, closing down by -0.76% intraday.

ALI closed with a doji candlestick, gaining +0.99% intraday in a modest recovery from its earlier decline.

SM is currently entrenched in a downtrend.