Technicals Talk: BDO Unibank (BDO) – 22 Jan 2025 by Regina Capital Development Corp.
BDO went down by -1.50% intraday, continuing to trade below its key moving averages.
Regina Capital Development CorporationBDO 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
ALI closed with a doji candlestick, gaining +0.99% intraday in a modest recovery from its earlier decline.
SM is currently entrenched in a downtrend.
ICT continues to drift sideways, closing down by -0.76% intraday.
The PSEi struggled to stay afloat this week, with another bearish session keeping the index in the red for most of the trading day and ultimately closing just below the 6,300 level.
CBC is down by -0.43%, closing at 69/sh.
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