DMCI Holdings Analysis: Is the Right Opportunity to Buy Near ₱2.90?

DMCI Holdings, Inc. (PSE:DMC) closed at ₱3.69 per share as of 03:30 PM GMT+8 on March 20, 2020. It went up by 12.16 percent.

The Total Turnover Value was ₱64,215,510.00. The local traders were the main drivers of DMCI Holdings, Inc. today.

Foreign investors are net sellers today with a Net Foreign Selling worth ₱22,317,650.00. Foreign fundies are net sellers year-to-date.

The immediate support is near ₱2.90, while the immediate resistance is near ₱6.35.

Our 10SMACD combo is bearish.

DMC’s risk level is extremely high due to its historical volatility score of 224.83 percent.

Trade-Volume Distribution

Last Price: ₱ 3.69
VWAP: ₱3.49624
Dominant Range: ₱3.69 – ₱3.69

The Momentum Power Indicator of DMCI Holdings, Inc. is bullish.

True Market Sentiment

True Market Sentiment on DMC as of Mar-20-2020 at 03:30PM with a last price of ₱3.69
True Market Sentiment: BEARISH
3 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: ₱3.5091
Top 10 Players’ Selling Average: ₱3.4734
Bonus Info:
17 out of 56 participants or 30.36% of all participants registered a 100% BUYING activity
12 out of 56 participants or 21.43% of all participants registered a 100% SELLING activity

Recommendations

Do you have DMCI Holdings, Inc. in your portfolio already?

There’s no buy signal confirmation for DMC yet. Since the last volume bar is green and it’s higher than the 50 percent of the stock’s 10-day volume average, you may choose to hold your position, but don’t top up yet.

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

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

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)