Market Sentiment Analysis: Is the Trend of FRUIT, ACEN, HOUSE, CTS, and DITO Likely to Continue?

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Lesson 3: how to buy logically and strategically
Lesson 4: how to sell with more logic and less emotion

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Today, I will tell you the mood of the top 10 brokers based on their prevailing market sentiment data as of July 26, 2022 for the following stocks:

Fruitas Holdings (FRUIT)
AC Energy Corporation (ACEN)
8990 Holdings (HOUSE)
CTS Global Equity Group (CTS)
DITO CME Holdings Corp. (DITO)

Fruitas Holdings (FRUIT)

Market Sentiment Index: BULLISH
5 of the 12 participating brokers, or 41.67% of all participants, registered a positive Net Amount
4 of the 12 participating brokers, or 33.33% of all participants, registered a higher Buying Average than Selling Average
12 Participating Brokers’ Buying Average: ₱1.05088
12 Participating Brokers’ Selling Average: ₱1.05091
2 out of 12 participants, or 16.67% of all participants, registered a 100% BUYING activity
4 out of 12 participants, or 33.33% of all participants, registered a 100% SELLING activity

AC Energy Corporation (ACEN)

Market Sentiment Index: BULLISH
20 of the 51 participating brokers, or 39.22% of all participants, registered a positive Net Amount
19 of the 51 participating brokers, or 37.25% of all participants, registered a higher Buying Average than Selling Average
51 Participating Brokers’ Buying Average: ₱8.25531
51 Participating Brokers’ Selling Average: ₱8.28121
8 out of 51 participants, or 15.69% of all participants, registered a 100% BUYING activity
15 out of 51 participants, or 29.41% of all participants, registered a 100% SELLING activity

8990 Holdings (HOUSE)

Market Sentiment Index: BULLISH
11 of the 15 participating brokers, or 73.33% of all participants, registered a positive Net Amount
11 of the 15 participating brokers, or 73.33% of all participants, registered a higher Buying Average than Selling Average
15 Participating Brokers’ Buying Average: ₱9.47805
15 Participating Brokers’ Selling Average: ₱9.79669
8 out of 15 participants, or 53.33% of all participants, registered a 100% BUYING activity
2 out of 15 participants, or 13.33% of all participants, registered a 100% SELLING activity

CTS Global Equity Group (CTS)

Market Sentiment Index: BEARISH
8 of the 21 participating brokers, or 38.10% of all participants, registered a positive Net Amount
5 of the 21 participating brokers, or 23.81% of all participants, registered a higher Buying Average than Selling Average
21 Participating Brokers’ Buying Average: ₱1.00053
21 Participating Brokers’ Selling Average: ₱1.00209
3 out of 21 participants, or 14.29% of all participants, registered a 100% BUYING activity
10 out of 21 participants, or 47.62% of all participants, registered a 100% SELLING activity

DITO CME Holdings Corp. (DITO)

Market Sentiment Index: BULLISH
15 of the 34 participating brokers, or 44.12% of all participants, registered a positive Net Amount
15 of the 34 participating brokers, or 44.12% of all participants, registered a higher Buying Average than Selling Average
34 Participating Brokers’ Buying Average: ₱3.98773
34 Participating Brokers’ Selling Average: ₱3.99715
8 out of 34 participants, or 23.53% of all participants, registered a 100% BUYING activity
8 out of 34 participants, or 23.53% of all participants, registered a 100% SELLING activity

Why did I create my proprietary Market Sentiment Index indicator?

I am using my proprietary Market Sentiment Index (MSI) to identify the overall mood of the top 10 brokers.

I want you to understand that my Market Sentiment Index is not a determiner of trend but sentiment.

I use this chart on several occasions. Here are some examples of its usage.

Scenario 1

Let’s say the stock is still moving above your trailing stop loss. All other indicators you check are bullish.

You want to top up, but you saw a huge Net Foreign Selling. Now you’re half-hearted to continue your plan to top up even though your other indicators are bullish just because you saw that the foreign fundies are bearish.

However, you saw that the Market Sentiment Index of the stock is bullish. That means the majority of the top 10 brokers bought the dips.

Doesn’t that give you the confidence to top up, too?

Scenario 2

Let’s say the stock is still trading above your trailing stop loss. However, the other indicators you monitor are bearish.

Now, you’re torn between pre-empting your trailing stop loss (selling even before it gets hit) and respecting it (sell only when it’s hit).

However, you see that the Market Sentiment Index is bullish.

Doesn’t that give you the confidence to hold your position because you see that the majority of the top 10 brokers are still interested in buying the dips?

Scenario 3

The stock is still trading above your trailing stop loss.

You see that the foreign investors registered a huge Net Foreign Buying.

Now, you’re asking yourself, “Does it make sense for me to top up (buy the dips) because the foreign investors are aggressively buying the dips EVEN IF the current price is not higher than the previous trading day’s opening price?”

But seeing that the Market Sentiment Index is bearish, you decided not to pursue the plan to mimic what the foreign fundies are doing.

You realize that the foreign fundies can afford to buy the major dips because they have billions in their pocket.

You realized, “Why should I hurry in buying the dips when the majority of the top 10 brokers are not even showing signs of interest yet?”

Need Help? Want to Learn More?

Attend my stock market seminar to learn the following lessons:

Lesson 1: how to find the stocks that you should add to your watchlist
Lesson 2: how to look for a confirmed buy signal
Lesson 3: how to buy logically and strategically
Lesson 4: how to sell with more logic and less emotion

Click here to register for my Evergreen Strategy in Trading and Investing in the Philippine Stock Market.

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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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