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 February 16, 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
25 of the 90 participating brokers, or 27.78% of all participants, registered a positive Net Amount
29 of the 90 participating brokers, or 32.22% of all participants, registered a higher Buying Average than Selling Average
90 Participating Brokers’ Buying Average: ₱9.91058
90 Participating Brokers’ Selling Average: ₱10.03611
2 out of 90 participants, or 2.22% of all participants, registered a 100% BUYING activity
15 out of 90 participants, or 16.67% of all participants, registered a 100% SELLING activity
NIKL
Market Sentiment Index: BEARISH
41 of the 64 participating brokers, or 64.06% of all participants, registered a positive Net Amount
32 of the 64 participating brokers, or 50.00% of all participants, registered a higher Buying Average than Selling Average
64 Participating Brokers’ Buying Average: ₱4.68799
64 Participating Brokers’ Selling Average: ₱4.70172
18 out of 64 participants, or 28.13% of all participants, registered a 100% BUYING activity
5 out of 64 participants, or 7.81% of all participants, registered a 100% SELLING activity
PGOLD
Market Sentiment Index: BEARISH
32 of the 53 participating brokers, or 60.38% of all participants, registered a positive Net Amount
26 of the 53 participating brokers, or 49.06% of all participants, registered a higher Buying Average than Selling Average
53 Participating Brokers’ Buying Average: ₱27.75138
53 Participating Brokers’ Selling Average: ₱27.83921
10 out of 53 participants, or 18.87% of all participants, registered a 100% BUYING activity
5 out of 53 participants, or 9.43% of all participants, registered a 100% SELLING activity
SCC
Market Sentiment Index: BEARISH
45 of the 79 participating brokers, or 56.96% of all participants, registered a positive Net Amount
31 of the 79 participating brokers, or 39.24% of all participants, registered a higher Buying Average than Selling Average
79 Participating Brokers’ Buying Average: ₱32.14901
79 Participating Brokers’ Selling Average: ₱32.30304
13 out of 79 participants, or 16.46% of all participants, registered a 100% BUYING activity
15 out of 79 participants, or 18.99% of all participants, registered a 100% SELLING activity
SM
Market Sentiment Index: BEARISH
23 of the 71 participating brokers, or 32.39% of all participants, registered a positive Net Amount
18 of the 71 participating brokers, or 25.35% of all participants, registered a higher Buying Average than Selling Average
71 Participating Brokers’ Buying Average: ₱908.13914
71 Participating Brokers’ Selling Average: ₱915.25413
6 out of 71 participants, or 8.45% of all participants, registered a 100% BUYING activity
10 out of 71 participants, or 14.08% of all participants, registered a 100% SELLING activity
SMC
Market Sentiment Index: BULLISH
43 of the 70 participating brokers, or 61.43% of all participants, registered a positive Net Amount
39 of the 70 participating brokers, or 55.71% of all participants, registered a higher Buying Average than Selling Average
70 Participating Brokers’ Buying Average: ₱108.49402
70 Participating Brokers’ Selling Average: ₱108.62601
19 out of 70 participants, or 27.14% of all participants, registered a 100% BUYING activity
7 out of 70 participants, or 10.00% of all participants, registered a 100% SELLING activity
SMPH
Market Sentiment Index: BEARISH
36 of the 82 participating brokers, or 43.90% of all participants, registered a positive Net Amount
23 of the 82 participating brokers, or 28.05% of all participants, registered a higher Buying Average than Selling Average
82 Participating Brokers’ Buying Average: ₱34.23856
82 Participating Brokers’ Selling Average: ₱34.56511
5 out of 82 participants, or 6.10% of all participants, registered a 100% BUYING activity
14 out of 82 participants, or 17.07% of all participants, registered a 100% SELLING activity
TEL
Market Sentiment Index: BEARISH
27 of the 70 participating brokers, or 38.57% of all participants, registered a positive Net Amount
20 of the 70 participating brokers, or 28.57% of all participants, registered a higher Buying Average than Selling Average
70 Participating Brokers’ Buying Average: ₱1283.32493
70 Participating Brokers’ Selling Average: ₱1295.62627
7 out of 70 participants, or 10.00% of all participants, registered a 100% BUYING activity
10 out of 70 participants, or 14.29% of all participants, registered a 100% SELLING activity
URC
Market Sentiment Index: BEARISH
53 of the 87 participating brokers, or 60.92% of all participants, registered a positive Net Amount
27 of the 87 participating brokers, or 31.03% of all participants, registered a higher Buying Average than Selling Average
87 Participating Brokers’ Buying Average: ₱112.10857
87 Participating Brokers’ Selling Average: ₱114.35580
12 out of 87 participants, or 13.79% of all participants, registered a 100% BUYING activity
0 out of 87 participants, or 0.00% of all participants, registered a 100% SELLING activity
WLCON
Market Sentiment Index: BEARISH
23 of the 55 participating brokers, or 41.82% of all participants, registered a positive Net Amount
23 of the 55 participating brokers, or 41.82% of all participants, registered a higher Buying Average than Selling Average
55 Participating Brokers’ Buying Average: ₱22.31416
55 Participating Brokers’ Selling Average: ₱22.49601
5 out of 55 participants, or 9.09% of all participants, registered a 100% BUYING activity
11 out of 55 participants, or 20.00% of all participants, registered a 100% SELLING activity
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