Technicals Talk: OceanaGold Philippines, Inc. (OGP) – 9 Oct 2024 by Regina Capital Development Corp.
OGP has been in overbought period for quite an extended of time.
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.
OGP has been in overbought period for quite an extended of time.
MONDE’s share price consolidated for two weeks following a 13% increase in mid-September.
MWC is currently trading sideways, with its price slowly climbing up above all MAs and closing with a doji candlestick last weekend.
ICT stocks were trending upwards for the week, trading between 401-422.
SM stocks are currently skyrocketing as the bulls push stocks up to the 990.00-1000.000 range.
Breakout or fakeout? BDO stocks jumped a notch during yesterday’s trading session, closing at 148.80 (+4.42%).
PREIT is charging ahead, outpacing both PPROP and the PSEi, with bulls keeping it well above all its key moving averages.
MEG surged above all moving averages last Friday, managing to reach 2.08 intraday and slowly approaching its 52wH of 2.10.
PGOLD is heading for another upturn!
ICT closed with a red candle above its 50-MA, but lower than its 9-MA.
ALI has closed with green candles for the 3rd consecutive day this week, reaching 36.10 intraday and moving beyond its 50-MA.
As of the moment, SMPH is currently pursuing an upward climb, rallying above its 50-MA and reaching 33.15 intraday.
The stock is near its 9d MA, reflecting a pause in its recent uptrend.
AP stocks are currently in its consolidation phase as yesterday’s trading session closed at a resistance level on 36.06.
VREIT is riding high at its all-time peak, albeit things are looking a bit overheated.
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