Investors have definitely seen some solid trading in Philippine Long Distance Telephone PHI lately, leading to gains for some. However, PHI is now in overbought territory thanks to its latest move, as the firm has an RSI value of 70.2. Additionally, Philippine Long Distance currently has a Zacks Rank #4 (Sell), so if the earnings estimate trend is any guide, a fall might be coming for this overbought stock.
PHILIPPINE TEL PHI: Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in