Technicals Talk: Bank of the Philippines Islands (BPI) – 16 Jan 2026 by Regina Capital Development Corp.
BPI continues its four day winning streak edging up +0.64% higher and now presses into overhead resistance after reclaiming the 200MA.
BPI continues its four day winning streak edging up +0.64% higher and now presses into overhead resistance after reclaiming the 200MA.
AC surged +4.13% after shortly consolidating.
The index rebounded after a pullback from previous resistance levels, closing +1.53% higher while staying above key moving averages signaling a sustained uptrend.
Participants will monitor the PSEi’s movement past 6,500, as others might seize on this strength to cash-out.
Participants will monitor possible selling pressure on intra-day strength, to gauge the strength of the next resistance hurdle for local equities.
On technicals, AREIT is currently trading sideways above key moving averages (MA) 50-day and 200-day and is also trending around the 20-day MA and is playing as a strong support to the price action.
RCR is trading sideways, with price oscillating in a tight band.
The index eased to −0.17% after its three-day rally closing at 6,408.76 while staying comfortably above key moving averages and signaling an intact bullish bias.
Movements might stay range-bound for now, possibly with a plus-side boost, as fund managers position in key large-caps.
IMI broke above its pennant consolidation pattern to hit our target price of PHP4.14.
Gauges might be poised for slight technical breathers, given its ascent the previous sessions.
The PSEi rose 3.5% w/w, closing at 6,348.14 (+213.1 pts).
Another positive tone is in store for equities, as investors may take their cue from Wall Street’s Friday incline.
ICT closed higher as buyers remained to regain control amid profit-taking, trading above the moving average as the uptrend accelerates.
BDO closed lower after retesting the 200MA while holding above the 50MA and 100MA, suggesting a healthy pause after the recent rally.
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