OCT 2023 Market Sentiment: ACEN, GLO, AC, SCC, DMC

I’m sharing with you the month-to-date Market Sentiment Index rating for ACEN, GLO, AC, SCC, and DMC as the stocks with the most viewed disclosures on PSE Edge for today and for the week as of November 6, 2023. The data I used to generate their month-to-date Market Sentiment Index ratings is from October 2, 2023 to October 31, 2023.

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.

This brief explanation of what and how my Market Sentiment Index works cannot paint the entire picture. You can only appreciate it fully if you understand the principles behind it. If your portfolio’s size is more than P1 million, you may consider enrolling yourself to my online one-on-one masterclass. For four straight hours, I’ll teach you my entire stock investment strategy so you’ll know how I preserve my capital, protect gains, and prevent unbearable losses.

If you want to access my members-only stock analysis, register here.

If you want to access my members-only stock screener, register here.

ACEN

Market Sentiment Index: BEARISH
35 of the 100 participating brokers, or 35.00% of all participants, registered a positive Net Amount
37 of the 100 participating brokers, or 37.00% of all participants, registered a higher Buying Average than Selling Average
100 Participating Brokers’ Buying Average: ₱5.23131
100 Participating Brokers’ Selling Average: ₱5.25976
4 out of 100 participants, or 4.00% of all participants, registered a 100% BUYING activity
12 out of 100 participants, or 12.00% of all participants, registered a 100% SELLING activity

GLO

Market Sentiment Index: BULLISH
46 of the 73 participating brokers, or 63.01% of all participants, registered a positive Net Amount
37 of the 73 participating brokers, or 50.68% of all participants, registered a higher Buying Average than Selling Average
73 Participating Brokers’ Buying Average: ₱1790.79382
73 Participating Brokers’ Selling Average: ₱1799.19371
17 out of 73 participants, or 23.29% of all participants, registered a 100% BUYING activity
8 out of 73 participants, or 10.96% of all participants, registered a 100% SELLING activity

AC

Market Sentiment Index: BEARISH
49 of the 80 participating brokers, or 61.25% of all participants, registered a positive Net Amount
32 of the 80 participating brokers, or 40.00% of all participants, registered a higher Buying Average than Selling Average
80 Participating Brokers’ Buying Average: ₱611.86778
80 Participating Brokers’ Selling Average: ₱614.89541
13 out of 80 participants, or 16.25% of all participants, registered a 100% BUYING activity
5 out of 80 participants, or 6.25% of all participants, registered a 100% SELLING activity

SCC

Market Sentiment Index: BEARISH
60 of the 96 participating brokers, or 62.50% of all participants, registered a positive Net Amount
48 of the 96 participating brokers, or 50.00% of all participants, registered a higher Buying Average than Selling Average
96 Participating Brokers’ Buying Average: ₱33.99579
96 Participating Brokers’ Selling Average: ₱34.58914
15 out of 96 participants, or 15.63% of all participants, registered a 100% BUYING activity
2 out of 96 participants, or 2.08% of all participants, registered a 100% SELLING activity

DMC

Market Sentiment Index: BULLISH
61 of the 94 participating brokers, or 64.89% of all participants, registered a positive Net Amount
51 of the 94 participating brokers, or 54.26% of all participants, registered a higher Buying Average than Selling Average
94 Participating Brokers’ Buying Average: ₱10.18872
94 Participating Brokers’ Selling Average: ₱10.24642
22 out of 94 participants, or 23.40% of all participants, registered a 100% BUYING activity
3 out of 94 participants, or 3.19% of all participants, registered a 100% SELLING activity

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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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