Ever Gotesco Resources and Hold'gs, Inc. Analysis: May 22, 2020

Ever Gotesco Resources and Hold’gs, Inc. (PSE:EVER) closed at ₱0.128 per share as of 01:00 PM GMT+8 on May 22, 2020. It went up by 12.28 percent.

The Total Turnover Value was ₱5,359,120.00. The local traders were the main drivers of Ever Gotesco Resources and Hold’gs, Inc. today.

Foreign investors are net sellers today with a Net Foreign Selling worth ₱274,570.00. Foreign fundies are net sellers year-to-date, but their day-to-day Net Foreign is relatively small.

The immediate support is near ₱0.101, while the immediate resistance is near ₱0.13.

Our 10SMACD combo is bullish.

EVER’s risk level is extremely high due to its historical volatility score of 430.15 percent.

Trade-Volume Distribution

Last Price: ₱ 0.128
VWAP: ₱0.13371
Dominant Range: ₱0.125 – ₱0.131

The Momentum Power Indicator of Ever Gotesco Resources and Hold’gs, Inc. is bearish.

True Market Sentiment

True Market Sentiment on EVER as of May-22-2020 at 1:00PM with a last price of ₱0.128
True Market Sentiment: NEUTRAL
5 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: ₱0.1343
Top 10 Players’ Selling Average: ₱0.1341
Bonus Info:
3 out of 28 participants or 10.71% of all participants registered a 100% BUYING activity
8 out of 28 participants or 28.57% of all participants registered a 100% SELLING activity

Recommendations

Do you have Ever Gotesco Resources and Hold’gs, Inc. in your portfolio already?

There’s no buy signal confirmation for EVER 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 Ever Gotesco Resources and Hold’gs, Inc. yet but are you planning to do a test-buy?

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

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Author
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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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