As of 12:00 PM of September 20, 2023, there are 10 Philippine stocks that have registered a new 52-week low. Nine of them are common stocks. The other one is a preferred stock.
In this informational article, I’d like to share with the intraday Market Sentiment Index rating for these nine common stocks, which I generated as of 12 noon today.
Understand that the Market Sentiment Index indicator discussed in this report is my proprietary creation, and I am the sole authority on its methodology for determining bearish and bullish ratings, as well as the specific criteria it considers.
The market sentiment helps me estimate if the prevailing direction of the share price is likely to continue or reverse.
For example, if the stock is in a downtrend and the prevailing market sentiment is bearish, it means the downtrend is likely to continue.
If the stock is in a downtrend, but the market sentiment turns bullish, it’s a sign that investors might see a bullish reversal.
Again, and again, notice the adverbs I’m using – “likely” and “might”. We’re still talking about probabilities and not certainties.
Still, it’s better to be data-driven and be proven wrong by the market than make decisions based on gut feeling alone. The former gives you the opportunity to optimize something while the latter doesn’t.
I have extensively explained my use of the Market Sentiment Index in decision-making in numerous articles on this website. You can easily access them by using the SEARCH box in the ANALYSES section and searching for “market sentiment.”
If you prefer a more tailored approach, you can take advantage of my stock investment consultancy service.
It’s important to clarify that this article is for informational purposes only, and I am not providing stock recommendations. I employ a proprietary methodology to identify confirmed buy signals, which I can further discuss if you are interested in gaining independent investment insights through my stock investment consultancy service.
SM Prime Holdings (SMPH, 52-Week Low: P27.70)
Market Sentiment Index: BULLISH
39 of the 53 participating brokers, or 73.58% of all participants, registered a positive Net Amount
37 of the 53 participating brokers, or 69.81% of all participants, registered a higher Buying Average than Selling Average
53 Participating Brokers’ Buying Average: ₱27.99573
53 Participating Brokers’ Selling Average: ₱28.08127
25 out of 53 participants, or 47.17% of all participants, registered a 100% BUYING activity
3 out of 53 participants, or 5.66% of all participants, registered a 100% SELLING activity
Robinsons Retail Holdings (RRHI, 52-Week Low: P43.20)
Market Sentiment Index: BULLISH
21 of the 36 participating brokers, or 58.33% of all participants, registered a positive Net Amount
22 of the 36 participating brokers, or 61.11% of all participants, registered a higher Buying Average than Selling Average
36 Participating Brokers’ Buying Average: ₱43.71336
36 Participating Brokers’ Selling Average: ₱43.85420
15 out of 36 participants, or 41.67% of all participants, registered a 100% BUYING activity
3 out of 36 participants, or 8.33% of all participants, registered a 100% SELLING activity
Security Bank Corporation (SECB, 52-Week Low: P75.15)
Market Sentiment Index: BULLISH
21 of the 35 participating brokers, or 60.00% of all participants, registered a positive Net Amount
19 of the 35 participating brokers, or 54.29% of all participants, registered a higher Buying Average than Selling Average
35 Participating Brokers’ Buying Average: ₱75.84732
35 Participating Brokers’ Selling Average: ₱76.21111
16 out of 35 participants, or 45.71% of all participants, registered a 100% BUYING activity
8 out of 35 participants, or 22.86% of all participants, registered a 100% SELLING activity
JG Summit Holdings (JGS, 52-Week Low: P34.65)
Market Sentiment Index: BULLISH
25 of the 37 participating brokers, or 67.57% of all participants, registered a positive Net Amount
26 of the 37 participating brokers, or 70.27% of all participants, registered a higher Buying Average than Selling Average
37 Participating Brokers’ Buying Average: ₱35.13310
37 Participating Brokers’ Selling Average: ₱35.12256
20 out of 37 participants, or 54.05% of all participants, registered a 100% BUYING activity
6 out of 37 participants, or 16.22% of all participants, registered a 100% SELLING activity
Oriental Petroleum and Minerals Corporation (OPM, 52-Week Low: P0.0077)
Market Sentiment Index: BULLISH
5 of the 7 participating brokers, or 71.43% of all participants, registered a positive Net Amount
5 of the 7 participating brokers, or 71.43% of all participants, registered a higher Buying Average than Selling Average
7 Participating Brokers’ Buying Average: ₱0.00787
7 Participating Brokers’ Selling Average: ₱0.00788
3 out of 7 participants, or 42.86% of all participants, registered a 100% BUYING activity
1 out of 7 participants, or 14.29% of all participants, registered a 100% SELLING activity
Top Frontier Investment Holdings (TFHI, 52-Week Low: P83.15)
Market Sentiment Index: BEARISH
3 of the 6 participating brokers, or 50.00% of all participants, registered a positive Net Amount
3 of the 6 participating brokers, or 50.00% of all participants, registered a higher Buying Average than Selling Average
6 Participating Brokers’ Buying Average: ₱85.28243
6 Participating Brokers’ Selling Average: ₱86.01725
2 out of 6 participants, or 33.33% of all participants, registered a 100% BUYING activity
2 out of 6 participants, or 33.33% of all participants, registered a 100% SELLING activity
GEOGRACE Resources Philippines (GEO, 52-Week Low: P0.0310)
Market Sentiment Index: BULLISH
4 of the 6 participating brokers, or 66.67% of all participants, registered a positive Net Amount
4 of the 6 participating brokers, or 66.67% of all participants, registered a higher Buying Average than Selling Average
6 Participating Brokers’ Buying Average: ₱0.03148
6 Participating Brokers’ Selling Average: ₱0.03175
4 out of 6 participants, or 66.67% of all participants, registered a 100% BUYING activity
2 out of 6 participants, or 33.33% of all participants, registered a 100% SELLING activity
Max’s Group (MAXS, 52-Week Low: P3.99)
Market Sentiment Index: BEARISH
1 of the 2 participating brokers, or 50.00% of all participants, registered a positive Net Amount
0 of the 2 participating brokers, or 0.00% of all participants, registered a higher Buying Average than Selling Average
2 Participating Brokers’ Buying Average: ₱4.07570
2 Participating Brokers’ Selling Average: ₱4.04000
0 out of 2 participants, or 0.00% of all participants, registered a 100% BUYING activity
1 out of 2 participants, or 50.00% of all participants, registered a 100% SELLING activity
Jackstones (JAS, 52-Week Low: P1.00)
Market Sentiment Index: BULLISH
2 of the 3 participating brokers, or 66.67% of all participants, registered a positive Net Amount
2 of the 3 participating brokers, or 66.67% of all participants, registered a higher Buying Average than Selling Average
3 Participating Brokers’ Buying Average: ₱1.00500
3 Participating Brokers’ Selling Average: ₱1.00890
2 out of 3 participants, or 66.67% of all participants, registered a 100% BUYING activity
1 out of 3 participants, or 33.33% of all participants, registered a 100% SELLING activity
Which of These 9 Philippine Stocks on Their Newest 52-Week Low Do You Have?
What’s your decision now that you’ve known this information? Let me know in the comments.
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