SM Investments Corporation Analysis: May 26, 2020

SM Investments Corporation (PSE:SM) closed at ₱838.00 per share as of 01:00 PM GMT+8 on May 26, 2020. It went up by 1.21 percent.

The Total Turnover Value was ₱199,326,885.00. The foreign traders were the main drivers of SM Investments Corporation today.

Foreign investors are net sellers today with a Net Foreign Selling worth ₱15,240,480.00. Foreign fundies are net sellers year-to-date, but their day-to-day Net Foreign is relatively small.

The immediate support is near ₱720.00, while the immediate resistance is near ₱874.00.

Our 10SMACD combo is bullish.

SM’s risk level is low due to its historical volatility score of 22.42 percent.

Trade-Volume Distribution

Last Price: ₱ 838.00
VWAP: ₱825.50685
Dominant Range: ₱838.00 – ₱838.00

The Momentum Power Indicator of SM Investments Corporation is bullish.

True Market Sentiment

True Market Sentiment on SM as of May-26-2020 at 1:00PM with a last price of ₱838.00
True Market Sentiment: BEARISH
4 of the top 10 brokers registered a positive Net Amount
4 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱823.0004
Top 10 Players’ Selling Average: ₱826.5937
Bonus Info:
3 out of 38 participants or 7.89% of all participants registered a 100% BUYING activity
9 out of 38 participants or 23.68% of all participants registered a 100% SELLING activity

Recommendations

Do you have SM Investments Corporation in your portfolio already?

You may top up since the 10SMACD and the Momentum Power Indicator of SM are both bullish. Please remember to do a manual upward adjustment on your trailing stop every time SM registers a higher prevailing price.

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

There is a buy signal confirmation for SM already, but make sure that you calculate your reward-to-risk ratio first. If you’re satisfied with your reward-to-risk ratio, that’s when you should position within the dominant range. Don’t buy at any random price under the ASK column. Remember to do an upward adjustment on your trailing stop when the stock registers a higher price.

Please use a trailing stop instead of a fixed stop loss. No matter how bullish or bearish the data-driven forecast is, the price may still move to the opposite direction. Preserve your capital, protect your gains, and prevent unbearable losses with the use of a trailing stop. You may use our trailing stop calculator from our stock market library.

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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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