Technicals Talk: Bank of the Philippines Islands (BPI) – 24 Jan 2025 by Regina Capital Development Corp.
BPI is at a pessimistic level as it continues to trade below all key MA levels, closing at 124.00/sh (-0.40%).
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.
The PSEi ended with a modest gain of +0.48%, closing at 6,378.86/sh.
BDO went down by -1.50% intraday, continuing to trade below its key moving averages.
The PSEi ended yesterday’s session with a doji candlestick, reflecting market indecision as price action remains anchored at the 6,300 level.
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.
The PSEI decreased by -1.03%, closing at 6,265.52/sh.
Our recommendation and 1-year Target Price for this stock is
Our recommendation and 1-year Target Price for this stock is
ICT continues to drift sideways, closing down by -0.76% intraday.
SM is currently entrenched in a downtrend.
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