PLDT INC. SPONSORED ADR - Daily - Technical analysis published on 11/21/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Slightly bullish
Technical indicators
61%
0%
39%
My opinion
Bullish above 20.89 USD
My targets
22.01 USD (+1.15%)
23.03 USD (+5.84%)
My analysis
The basic trend is currently slightly bullish on PLDT INC. SPONSORED ADR and the short term does not seem to show any sign of improvement. Buyers are struggling to get their hands on this instrument. However, as long as the price remains above 20.89 USD, purchases could be favourable. The first bullish objective would be the resistance located at 22.01 USD. Then the price could move towards 23.03 USD. Then 24.17 USD by extension. A return under the support to 20.89 USD could jeopardize this fragile bullish trend. Indecision would then be total and in this case you could keep away.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
3.6
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The PLDT INC. SPONSORED ADR rating is 21.76 USD. On the day, this instrument lost -1.27% and was traded between 21.62 USD and 21.92 USD over the period. The price is currently at +0.65% from its lowest and -0.73% from its highest.21.62
21.92
21.76
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in Daily of this PLDT INC. SPONSORED ADR chart shows a slightly bullish trend. 46.43% of the signals given by moving averages are bullish. The slightly bullish signals given by short-term moving averages do not show a strengthening of this global trend. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : Daily
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : Daily
In fact, 11 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 19.49 | 20.89 | 21.76 | 22.01 | 23.03 | 24.17 |
| Change (%) | -10.43% | -4.00% | - | +1.15% | +5.84% | +11.08% |
| Change | -2.27 | -0.87 | - | +0.25 | +1.27 | +2.41 |
| Level | Major | Major | - | Major | Intermediate | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 21.35 | 21.50 | 21.77 | 21.92 | 22.19 | 22.34 | 22.61 |
| Camarilla | 21.92 | 21.96 | 22.00 | 22.04 | 22.08 | 22.12 | 22.16 |
| Woodie | 21.41 | 21.53 | 21.83 | 21.95 | 22.25 | 22.37 | 22.67 |
| Fibonacci | 21.50 | 21.66 | 21.76 | 21.92 | 22.08 | 22.18 | 22.34 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 20.37 | 20.76 | 21.25 | 21.64 | 22.13 | 22.52 | 23.01 |
| Camarilla | 21.51 | 21.59 | 21.67 | 21.75 | 21.83 | 21.91 | 21.99 |
| Woodie | 20.43 | 20.79 | 21.31 | 21.67 | 22.19 | 22.55 | 23.07 |
| Fibonacci | 20.76 | 21.09 | 21.30 | 21.64 | 21.97 | 22.18 | 22.52 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 18.77 | 19.66 | 20.27 | 21.16 | 21.77 | 22.66 | 23.27 |
| Camarilla | 20.46 | 20.60 | 20.73 | 20.87 | 21.01 | 21.15 | 21.28 |
| Woodie | 18.62 | 19.59 | 20.12 | 21.09 | 21.62 | 22.59 | 23.12 |
| Fibonacci | 19.66 | 20.24 | 20.59 | 21.16 | 21.74 | 22.09 | 22.66 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 53.22 | |
| MACD (12,26,9): | 0.1000 | |
| Directional Movement: | 7.23 | |
| AROON (14): | 14.29 | |
| DEMA (21): | 21.67 | |
| Parabolic SAR (0,02-0,02-0,2): | 21.27 | |
| Elder Ray (13): | 0.15 | |
| Super Trend (3,10): | 22.18 | |
| Zig ZAG (10): | 21.76 | |
| VORTEX (21): | 0.9100 | |
| Stochastique (14,3,5): | 70.50 | |
| TEMA (21): | 21.80 | |
| Williams %R (14): | -31.76 | |
| Chande Momentum Oscillator (20): | 0.11 | |
| Repulse (5,40,3): | 1.4200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0400 | |
| Courbe Coppock: | 4.23 |
| MA7: | 21.62 | |
| MA20: | 21.48 | |
| MA50: | 21.51 | |
| MA100: | 21.78 | |
| MAexp7: | 21.71 | |
| MAexp20: | 21.56 | |
| MAexp50: | 21.56 | |
| MAexp100: | 21.75 | |
| Price / MA7: | +0.65% | |
| Price / MA20: | +1.30% | |
| Price / MA50: | +1.16% | |
| Price / MA100: | -0.09% | |
| Price / MAexp7: | +0.23% | |
| Price / MAexp20: | +0.93% | |
| Price / MAexp50: | +0.93% | |
| Price / MAexp100: | +0.05% |
This member declared not having a position on this financial instrument or a related financial instrument.
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