Emperador Inc. (PSE:EMP) is priced at ₱7.3 per share as of 03:30 PM GMT+8 on November 11, 2019. It is up by 4.29 percent.
The Total Turnover Value is at ₱258,034,067.00. The local traders are the main drivers of EMP today.
Foreign investors registered a Net Foreign Selling worth ₱191,625,923.00. They are net sellers year-to-date.
The immediate support is near ₱6.98, while the immediate resistance is near ₱7.40.
My 10SMACD combo is bullish.
EMP’s risk level is low due to its historical volatility score of 24.05 percent.
Trade-Volume Distribution Analysis
Last Price: ₱ 7.3
VWAP: ₱7.05534
Dominant Range: ₱6.99 – ₱7
The Momentum Power Indicator of EMP is bearish because only 3 of 4 elements are bullish.
It’s more than likely for the price to either move sideways or go down because the 10SMACD and the Momentum Power Indicator are not yet both bullish.
True Market Sentiment – EOD
True Market Sentiment on EMP as of Nov-11-2019 at 03:30PM, with a last price of ₱7.30
True Market Sentiment: BEARISH
2 of the top 10 brokers registered a positive Net Amount
2 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱7.0505
Top 10 Players’ Selling Average: ₱7.1556
Bonus Info:
2 out of 16 participants or 12.50% of all participants registered a 100% BUYING activity
10 out of 16 participants or 62.50% of all participants registered a 100% SELLING activity
True Market Sentiment – MTD
True Market Sentiment on EMP from Nov-04-2019 to Nov-11-2019 at 03:30PM, with a last price of ₱7.30
True Market Sentiment: BEARISH
3 of the top 10 brokers registered a positive Net Amount
2 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱7.0359
Top 10 Players’ Selling Average: ₱7.0744
Bonus Info:
4 out of 25 participants or 16.00% of all participants registered a 100% BUYING activity
14 out of 25 participants or 56.00% of all participants registered a 100% SELLING activity
Recommendations
EMP’s True Market Sentiment for both end-of-day and month-to-date are bearish since most of the top 10 brokers unloaded their shares at ₱7.
If you have this stock and your trailing stop is still intact, I recommend that you hold your position. Do not top up yet. Make sure that you do an upward adjustment on your trailing stop using my Trailing Stop Calculator. It’s on this website: Resources>Tools.
If you’re one of those who are anticipating a chance to enter a new position, wait for both 10SMACD and Momentum Power Indicator to become bullish. There’s a possibility to see EMP below ₱7.25 tomorrow due to the low conviction of the top 10 players today.
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