Holcim Philippines Analysis: Is There a Buy Signal Already?

The Holcim Philippines, Inc. (PSE:HLCM) closed at ₱13.60 per share as of 03:30 PM GMT+8 on March 11, 2020. The last price remains unchanged from the previous trading day’s closing price.

The Total Turnover Value was ₱3,286,490.00. The local traders were the main drivers of Holcim Philippines, Inc. today.

Foreign investors registered a ₱0.00 Net Foreign today. Foreign fundies are net sellers year-to-date, but their day-to-day Net Foreign is relatively small.

The immediate support is near ₱13.50, while the immediate resistance is near ₱15.00.

Our 10SMACD combo is bullish.

HLCM’s risk level is low due to its historical volatility score of 31.49 percent.

Trade-Volume Distribution

Last Price: ₱ 13.60
VWAP: ₱13.50797
Dominant Range: ₱13.58 – ₱13.60

The Momentum Power Indicator of Holcim Philippines, Inc. is bearish.

True Market Sentiment

True Market Sentiment on HLCM as of Mar-11-2020 at 03:30PM with a last price of ₱13.60
True Market Sentiment: NEUTRAL
7 of the top 10 brokers registered a positive Net Amount
5 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱13.4791
Top 10 Players’ Selling Average: ₱13.5088
Bonus Info:
8 out of 16 participants or 50.00% of all participants registered a 100% BUYING activity
4 out of 16 participants or 25.00% of all participants registered a 100% SELLING activity

Recommendations

Do you have Holcim Philippines, Inc. in your portfolio already?

There’s no buy signal confirmation for HLCM yet. Even though the last volume bar is green, today’s volume is less than the 50 percent of the stock’s 10-day volume average. You may want to reduce the percentage of risk on your trailing stop, at least.

You don’t have Holcim Philippines, Inc. yet but are you planning to do a test-buy?

There’s no buy signal confirmation for HLCM yet. Wait for both 10SMACD and Momentum Power Indicator to become bullish before you entertain the idea of doing a test-buy on HLCM.

Would you like to level up as a stock trader and investor in the Philippine Stock Market? Try the best stock market subscription service in the Philippines.

Author
Recent Posts

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.

Latest posts by Jaycee De Guzman (see all)