PHI Price Prediction Next Week
Technical Analysis: Based on the latest technical indicators for PHI (PLDT Inc), the stock shows mixed signals:
- RSI (14) at 67.79 indicates approaching overbought territory but not yet extreme
- Stochastic (14,3,3) at 89.17 suggests overbought conditions
- MACD is slightly positive with bullish divergence (MACD: 0.33, Signal: 0.23)
- Price is trading above all major moving averages (5,10,20,60-day SMAs)
- Currently trading near the upper Bollinger Band (BBP: 0.80)
Price Targets: Based on Fibonacci levels and technical analysis:
- Resistance: $24.31 (Fibonacci R2)
- Support: $22.73 (Fibonacci S1)
- Current price: $23.90
News Sentiment: Recent news indicates:
- Stock entered oversold territory in December with RSI of 29.3
- Validea's Contrarian Investor model upgraded PHI rating from 83% to 90% on February 21, 2025, indicating strong fundamentals
Next Week Prediction: Given the technical setup and positive sentiment:
- Base case (60% probability): Range between $23.70-$24.30
- Bullish case (25% probability): Break above $24.31 targeting $24.91
- Bearish case (15% probability): Pull back to $22.73 support
Trading Recommendation: SELL with target price of $24.30. Current technical indicators suggest overbought conditions, and the stock is approaching key resistance levels. While fundamentals remain strong, risk/reward ratio favors taking profits at current levels.
PHI Similar Chart Price Prediction
The price of PHI is predicted to go up -57.88%, based on the high correlation periods with RETO. The similarity of these two price pattern on the periods is 97.06%.
PHI
RETO
Down: -57.88%Similarity: 97.06%
