Suntrust Home Developers, Inc. Analysis: June 02, 2020

Suntrust Home Developers, Inc. (PSE:SUN) closed at ₱1.27 per share as of 01:00 PM GMT+8 on June 2, 2020. It went up by 10.43 percent.

The Total Turnover Value was ₱36,712,190.00. The local traders were the main drivers of Suntrust Home Developers, Inc. today.

The immediate support is near ₱1.08, while the immediate resistance is near ₱1.75.

Our 10SMACD combo is bullish.

SUN’s risk level is moderate due to its historical volatility score of 66.17 percent.

Trade-Volume Distribution

Last Price: ₱ 1.27
VWAP: ₱1.25981
Dominant Range: ₱1.25 – ₱1.27

The Momentum Power Indicator of Suntrust Home Developers, Inc. is bullish.

True Market Sentiment

True Market Sentiment on SUN as of Jun-02-2020 at 01:00PM with a last price of ₱1.27
True Market Sentiment: NEUTRAL
7 of the top 10 brokers registered a positive Net Amount
3 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱1.2634
Top 10 Players’ Selling Average: ₱1.2798
Bonus Info:
5 out of 37 participants or 13.51% of all participants registered a 100% BUYING activity
10 out of 37 participants or 27.03% of all participants registered a 100% SELLING activity

Recommendations

Do you have Suntrust Home Developers, Inc. in your portfolio already?

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

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

There is a buy signal confirmation for SUN 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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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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