I’m sharing with you the month-to-date Market Sentiment Index rating for MONDE, NIKL, PGOLD, SCC, SM, SMC, SMPH, TEL, URC, and WLCON as of January 24, 2024.
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.
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MONDE
Market Sentiment Index: BEARISH
45 of the 86 participating brokers, or 52.33% of all participants, registered a positive Net Amount
35 of the 86 participating brokers, or 40.70% of all participants, registered a higher Buying Average than Selling Average
86 Participating Brokers’ Buying Average: ₱8.43270
86 Participating Brokers’ Selling Average: ₱8.47806
11 out of 86 participants, or 12.79% of all participants, registered a 100% BUYING activity
9 out of 86 participants, or 10.47% of all participants, registered a 100% SELLING activity
NIKL
Market Sentiment Index: BULLISH
68 of the 88 participating brokers, or 77.27% of all participants, registered a positive Net Amount
65 of the 88 participating brokers, or 73.86% of all participants, registered a higher Buying Average than Selling Average
88 Participating Brokers’ Buying Average: ₱4.91316
88 Participating Brokers’ Selling Average: ₱4.93107
33 out of 88 participants, or 37.50% of all participants, registered a 100% BUYING activity
1 out of 88 participants, or 1.14% of all participants, registered a 100% SELLING activity
PGOLD
Market Sentiment Index: BEARISH
22 of the 71 participating brokers, or 30.99% of all participants, registered a positive Net Amount
22 of the 71 participating brokers, or 30.99% of all participants, registered a higher Buying Average than Selling Average
71 Participating Brokers’ Buying Average: ₱27.97557
71 Participating Brokers’ Selling Average: ₱28.12961
6 out of 71 participants, or 8.45% of all participants, registered a 100% BUYING activity
15 out of 71 participants, or 21.13% of all participants, registered a 100% SELLING activity
SCC
Market Sentiment Index: BEARISH
46 of the 81 participating brokers, or 56.79% of all participants, registered a positive Net Amount
39 of the 81 participating brokers, or 48.15% of all participants, registered a higher Buying Average than Selling Average
81 Participating Brokers’ Buying Average: ₱31.26655
81 Participating Brokers’ Selling Average: ₱31.28263
12 out of 81 participants, or 14.81% of all participants, registered a 100% BUYING activity
9 out of 81 participants, or 11.11% of all participants, registered a 100% SELLING activity
SM
Market Sentiment Index: BEARISH
33 of the 76 participating brokers, or 43.42% of all participants, registered a positive Net Amount
23 of the 76 participating brokers, or 30.26% of all participants, registered a higher Buying Average than Selling Average
76 Participating Brokers’ Buying Average: ₱886.60553
76 Participating Brokers’ Selling Average: ₱890.51769
8 out of 76 participants, or 10.53% of all participants, registered a 100% BUYING activity
13 out of 76 participants, or 17.11% of all participants, registered a 100% SELLING activity
SMC
Market Sentiment Index: BEARISH
25 of the 84 participating brokers, or 29.76% of all participants, registered a positive Net Amount
25 of the 84 participating brokers, or 29.76% of all participants, registered a higher Buying Average than Selling Average
84 Participating Brokers’ Buying Average: ₱117.24352
84 Participating Brokers’ Selling Average: ₱117.90871
3 out of 84 participants, or 3.57% of all participants, registered a 100% BUYING activity
25 out of 84 participants, or 29.76% of all participants, registered a 100% SELLING activity
SMPH
Market Sentiment Index: BEARISH
39 of the 87 participating brokers, or 44.83% of all participants, registered a positive Net Amount
23 of the 87 participating brokers, or 26.44% of all participants, registered a higher Buying Average than Selling Average
87 Participating Brokers’ Buying Average: ₱33.04342
87 Participating Brokers’ Selling Average: ₱33.48066
5 out of 87 participants, or 5.75% of all participants, registered a 100% BUYING activity
12 out of 87 participants, or 13.79% of all participants, registered a 100% SELLING activity
TEL
Market Sentiment Index: BEARISH
43 of the 77 participating brokers, or 55.84% of all participants, registered a positive Net Amount
35 of the 77 participating brokers, or 45.45% of all participants, registered a higher Buying Average than Selling Average
77 Participating Brokers’ Buying Average: ₱1281.32897
77 Participating Brokers’ Selling Average: ₱1285.88336
18 out of 77 participants, or 23.38% of all participants, registered a 100% BUYING activity
11 out of 77 participants, or 14.29% of all participants, registered a 100% SELLING activity
URC
Market Sentiment Index: BEARISH
68 of the 88 participating brokers, or 77.27% of all participants, registered a positive Net Amount
35 of the 88 participating brokers, or 39.77% of all participants, registered a higher Buying Average than Selling Average
88 Participating Brokers’ Buying Average: ₱116.35525
88 Participating Brokers’ Selling Average: ₱119.51362
19 out of 88 participants, or 21.59% of all participants, registered a 100% BUYING activity
3 out of 88 participants, or 3.41% of all participants, registered a 100% SELLING activity
WLCON
Market Sentiment Index: BEARISH
32 of the 68 participating brokers, or 47.06% of all participants, registered a positive Net Amount
29 of the 68 participating brokers, or 42.65% of all participants, registered a higher Buying Average than Selling Average
68 Participating Brokers’ Buying Average: ₱22.64826
68 Participating Brokers’ Selling Average: ₱22.98759
9 out of 68 participants, or 13.24% of all participants, registered a 100% BUYING activity
10 out of 68 participants, or 14.71% of all participants, registered a 100% SELLING activity
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