TKC Metals Corporation Analysis: June 11, 2020

TKC Metals Corporation (PSE:T) closed at ₱0.78 per share as of 01:00 PM GMT+8 on June 11, 2020. It went down by 2.5 percent.

The Total Turnover Value was ₱232,940.00. The local traders were the main drivers of TKC Metals Corporation today.

The immediate support is near ₱0.67, while the immediate resistance is near ₱0.89.

Our 10SMACD combo is bullish.

T’s risk level is moderate due to its historical volatility score of 57.93 percent.

Trade-Volume Distribution

Last Price: ₱ 0.78
VWAP: ₱0.76374
Dominant Range: ₱0.75 – ₱0.78

The Momentum Power Indicator of TKC Metals Corporation is bearish.

True Market Sentiment

True Market Sentiment on T as of Jun-11-2020 at 01:00PM with a last price of ₱0.78
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: ₱0.7623
Top 10 Players’ Selling Average: ₱0.7653
Bonus Info:
3 out of 8 participants or 37.50% of all participants registered a 100% BUYING activity
2 out of 8 participants or 25.00% of all participants registered a 100% SELLING activity

Recommendations

Do you have TKC Metals Corporation in your portfolio already?

There’s no buy signal confirmation for T 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 TKC Metals Corporation yet but are you planning to do a test-buy?

There’s no buy signal confirmation for T yet. Wait for both 10SMACD and Momentum Power Indicator to become bullish before you entertain the idea of doing a test-buy on T.

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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