Metro Alliance Hold'gs and Eqts. "A" Analysis: May 22, 2020

Metro Alliance Hold’gs and Eqts. “A” (PSE:MAH) closed at ₱2.50 per share as of 01:00 PM GMT+8 on May 22, 2020. It went down by 6.72 percent.

The Total Turnover Value was ₱15,326,570.00. The local traders were the main drivers of Metro Alliance Hold’gs and Eqts. “A” today.

Foreign investors registered a ₱0.00 Net Foreign today. Foreign fundies are not trading participants year-to-date.

The immediate support is near ₱2.20, while the immediate resistance is near ₱2.90.

Our 10SMACD combo is bearish.

MAH’s risk level is extremely high due to its historical volatility score of 103.37 percent.

Trade-Volume Distribution

Last Price: ₱ 2.50
VWAP: ₱2.56126
Dominant Range: ₱2.50 – ₱2.50

The Momentum Power Indicator of Metro Alliance Hold’gs and Eqts. “A” is bearish.

True Market Sentiment

True Market Sentiment on MAH as of May-22-2020 at 1:00PM with a last price of ₱2.50
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: ₱2.5831
Top 10 Players’ Selling Average: ₱2.5614
Bonus Info:
10 out of 31 participants or 32.26% of all participants registered a 100% BUYING activity
5 out of 31 participants or 16.13% of all participants registered a 100% SELLING activity

Recommendations

Do you have Metro Alliance Hold’gs and Eqts. “A” in your portfolio already?

There’s no buy signal confirmation for MAH 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 Metro Alliance Hold’gs and Eqts. “A” yet but are you planning to do a test-buy?

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

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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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