Looking at PSEi from four different technical indicators, its movement seems to indicate a reversal in trend. That doji two days ago appears to be a reliable signal. This time, I want to take a look at PSEi and two other stocks on my watch list using Accumulation/Distribution Indicator (A/D), Price Exhaustion Indicator (PEI), Relative Strength Indicator (RSI), and Moving Average Convergence Divergence (MACD) Indicator.
PSEi looks good in all four indicators mentioned above.
In the case of $FRUIT, the volume is not impressive, but at least it made a higher high today. Its A/D looks good too, as well as its PEI, RSI, and MACD.
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