ISM Communications Corporation Analysis: More Likely to Test the Support Near ₱0.42?

ISM Communications Corporation (PSE:ISM) closed at ₱1.11 per share as of 03:30 PM GMT+8 on March 12, 2020. It went down by 21.83 percent.

The Total Turnover Value was ₱63,183,700.00. The local traders were the main drivers of ISM Communications Corporation today.

Foreign investors are net buyers today with a Net Foreign Buying worth ₱293,500.00. Foreign fundies are net buyers year-to-date, but their day-to-day Net Foreign is relatively small.

The immediate support is near ₱0.42, while the immediate resistance is near ₱1.25.

Our 10SMACD combo is bearish.

ISM’s risk level is extremely high due to its historical volatility score of 173.93 percent.

Trade-Volume Distribution

Last Price: ₱ 1.11
VWAP: ₱1.21109
Dominant Range: ₱1.11 – ₱1.20

The Momentum Power Indicator of ISM Communications Corporation is bearish.

True Market Sentiment

True Market Sentiment on ISM as of Mar-12-2020 at 03:30PM with a last price of ₱1.11
True Market Sentiment: BULLISH
8 of the top 10 brokers registered a positive Net Amount
7 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱1.2092
Top 10 Players’ Selling Average: ₱1.2253
Bonus Info:
32 out of 69 participants or 46.38% of all participants registered a 100% BUYING activity
6 out of 69 participants or 8.70% of all participants registered a 100% SELLING activity

Recommendations

Do you have ISM Communications Corporation in your portfolio already?

There’s no buy signal confirmation for ISM yet. Since the last volume bar is red, you may want to pre-empt your trailing stop or reduce the percentage of risk on your trailing stop, at least.

You don’t have ISM Communications Corporation yet but are you planning to do a test-buy?

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

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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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