Technicals Talk: Manila Water Company (MWC) – 11 Sep 2024 by Regina Capital Development Corp.
MWC stocks are currently seeing a pullback as investors begin to take profits.
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 stocks are currently seeing a pullback as investors begin to take profits.
MEG stocks are currently bullish trading within a range of 1.90-1.96, hitting resistance levels with a possible breakout.
CEB closed above its 50-MA at 29.10, touching upon 29.20, intraday.
BPI stocks are currently in a mildly bullish consolidation phase, trading within a range of 122.48-128.78.
RRHI stocks are currently seeing a pullback as yesterday’s trading session fell from its sideways drift along its resistance levels.
DMC’s price is currently rallying above all moving averages, with MACD histograms indicating slightly strengthening bullish sentiments, as buying pressure continues to hover over selling pressure.
GLO stocks are currently in its consolidation phase, moving sideways within a range of 2201.04-2270.30.
RLC stocks are currently at a resistance level, trading along its 50-MA within a range of 14.59-15.00.
PLUS stocks pulled back yesterday, closing down -2.29% at 23.45, a move anticipated as RSI remains in overbought territory at 77.11.
ALI stocks are currently hitting a resistance level as yesterday’s trading session saw an uptick of +2.50% to 34.86 with conditions nearing oversold territory.
EMI stocks are in a consolidation phase, trading sideways between 18.66 and 18.86.
CNVRG continues its upward movement with the stock’s price rallying above all moving averages.
Yesterday’s bull trading session closed SMPH stocks at a resistance level, trading within a range of 29.70-31.16.
SM stocks are trading comfortably sideways along the bullish regions between 919.89-956.00.
BDO stocks are consolidating within the 147.00-154.00 range.
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