SMC, FGEN, JFC, RRHI, AP: Their VWAP and Top 5 Prices You Must Monitor Today

I created the Price-Volume Distribution chart a few years ago because I wanted to see things from a different angle which brokers do not provide. As we all know, almost all brokers provide classical tools that are universally recognized such as the MACD, RSI, Stochastic, Bollinger Bands, Simple and Exponential Moving Averages, Fibonacci Retracement, and more.

As a computer scientist by profession and an individualist by nature, I’m wired to desire to think differently and to deliberately set myself apart from the pack. Combining my knowledge of human psychology and data structure, I created my Price-Volume Distribution chart. So this chart is not just the product of a computer geek who can speak with computer processors in 1s and 0s. The human psychology is embedded in the “chips” of this chart, too.

Here are some of the many reasons why I should always have this chart when I engage in short-term trading or long-term investing.

It helps us identify reversals, divergences, or false breakouts.
It shows at a glance the prices that got the biggest volume with the highest number of trades.
It helps us see if the majority of the volume is registered near the intraday high, intraday low, or median. The price bar at
the top of the chart represents the intraday high. The price bar at the bottom represents the intraday low.
It gives us a clue if cross trades happened at a certain price.
This chart helps us decide where we should place our buying or selling price because we can see the prices that got the biggest volume with the highest number of trades at a glance.
It helps us know the stock’s Volume Weighted Average Price (VWAP).

Today, I’d like to share with you the Price-Volume Distribution charts of the following stocks:

San Miguel Corporation (SMC)
First Gen Corporation (FGEN)
Robinsons Retail Holdings, Inc. (RRHI)
Jollibee Foods Corporation (JFC)
Aboitiz Power Corporation (AP)

Disclaimer: This is not a stock recommendation. I only picked the top 5 gainers with the biggest total turnover value as of the time indicated on each chart.

San Miguel Corporation (SMC)

VWAP: 147.9037
Top 5 Prices (Biggest Trades): 146, 150, 144, 147.5, 146.9
Top 5 Prices (Biggest Volume): 147.3, 147, 150, 146, 150.5

First Gen Corporation (FGEN)

VWAP: 20.0681
Top 5 Prices (Biggest Trades): 20.3, 20.25, 19.8, 20.35, 20
Top 5 Prices (Biggest Volume): 20, 20.3, 20.25, 20.35, 19.9

Robinsons Retail Holdings, Inc. (RRHI)

VWAP: 77.1501
Top 5 Prices (Biggest Trades): 78.25, 78.55, 77, 78.3, 78.05
Top 5 Prices (Biggest Volume): 76.1, 76.95, 79, 78.25, 78.15

Jollibee Foods Corporation (JFC)

VWAP: 302.0059
Top 5 Prices (Biggest Trades): 302, 302.4, 304.4, 300, 301.8
Top 5 Prices (Biggest Volume): 300, 304.8, 302.2, 302.8, 303

Aboitiz Power Corporation (AP)

VWAP: 33.5298
Top 5 Prices (Biggest Trades): 33.6, 33.35, 33.25, 33.2, 33.15
Top 5 Prices (Biggest Volume): 33.5, 33.6, 33.15, 33.8, 33.9

How Can You Use This Information in Your Buying and Selling Decisions?

VWAP – This stands for the Volume Weighted Average Price. It was said that institutional brokers buy at or close to the VWAP so they won’t disrupt the normal volatility of the market. That’s the classical belief. I created my own observations. Below are a few of them.

If the VWAP is below the current price and the current price is lower than the previous trading day’s closing, the intraday bearishness might continue.
If the VWAP is below the current price but the current price is higher than the previous trading day’s closing, the intraday bullishness might continue.
If the VWAP is above the current price but the current price is lower than the previous trading day’s closing, I maintain a neutral sentiment. I see that as an on-going tug-of-war between the bears and the bulls.
If the VWAP is above the current price and the current price is higher than the previous trading day’s closing, the ball is still in the court of the bulls.

I also have other observations in relation to the mean of the intraday high and low but that’s reserved for the subscribers of EquiPicks. That’s documented in our Quick Start Guide already.

For the Top 5 Prices with the Highest Number of Trades and the Top 5 Prices with the Biggest Volume, please read this article where I already elaborated on this.

Read: How Mastering Buyers’ Psychology Has Made Me a Profitable Trader

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Jaycee De Guzman

Founder and CEO at Equilyst Analytics

Experience the expertise of Jaycee De Guzman, the brain of Equilyst Analytics, renowned for his unique data analysis. He is a computer scientist and a self-taught digital marketing strategist and agriculturist. Since Equilyst Analytics’ founding in 2012, over 10,000 local and foreign clients have consulted with Jaycee de Guzman on crypto and stock investments.

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