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%).
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.
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.
BDO went down by -1.50% intraday, continuing to trade below its key moving averages.
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.
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.
PLUS is up by +3.46%, closing at 26.90/sh PLUS’ stock trades above all MA levels, and shows selling pressures as evidenced by
CBC is down by -0.43%, closing at 69/sh.
AC climbed +2.04% intraday, closing at 599.50.
MBT has made steady gains, trading above both its 9-day and 50-day MAs.
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