8990 Holdings, Inc. (PSE:HOUSE) is priced at ₱14.82 per share as of 03:30 PM GMT+8 on November 21, 2019. It is up by 0.1351 percent.
The Total Turnover Value is at ₱108,895,664.00. The local traders are the main drivers of HOUSE today.
Foreign investors registered a Net Foreign Selling worth ₱109,650.00. They are net sellers year-to-date, but their participation is insignificant.
The immediate support is near ₱14.60, while the immediate resistance is near ₱15.00.
My 10SMACD combo is bearish.
HOUSE’s risk level is low due to its historical volatility score of 5.16 percent.
Trade-Volume Distribution Analysis
Last Price: ₱ 14.82
VWAP: ₱14.83956
Dominant Range: ₱4.8 – ₱4.84
The Momentum Power Indicator of HOUSE is bearish because all of 4 elements are bearish.
It’s more than likely for the price to either move sideways or go down because the 10SMACD and the Momentum Power Indicator are not yet bullish.
True Market Sentiment – EOD
True Market Sentiment on HOUSE as of Nov-21-2019 at 03:30PM, with a last price of ₱14.820
True Market Sentiment: BEARISH
4 of the top 10 brokers registered a positive Net Amount
4 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱14.8289
Top 10 Players’ Selling Average: ₱14.8271
Bonus Info:
3 out of 11 participants or 27.27% of all participants registered a 100% BUYING activity
6 out of 11 participants or 54.55% of all participants registered a 100% SELLING activity
True Market Sentiment – WTD
True Market Sentiment on HOUSE from Nov-18-2019 to Nov-21-2019 at 03:30PM, with a last price of ₱14.820
True Market Sentiment: BEARISH
2 of the top 10 brokers registered a positive Net Amount
1 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱14.8238
Top 10 Players’ Selling Average: ₱14.8307
Bonus Info:
2 out of 14 participants or 14.29% of all participants registered a 100% BUYING activity
9 out of 14 participants or 64.29% of all participants registered a 100% SELLING activity
True Market Sentiment – MTD
True Market Sentiment on HOUSE from Nov-04-2019 to Nov-21-2019 at 03:30PM, with a last price of ₱14.820
True Market Sentiment: BEARISH
1 of the top 10 brokers registered a positive Net Amount
1 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱14.8438
Top 10 Players’ Selling Average: ₱14.8502
Bonus Info:
1 out of 18 participants or 5.56% of all participants registered a 100% BUYING activity
9 out of 18 participants or 50.00% of all participants registered a 100% SELLING activity
Recommendations
Do you have HOUSE in your portfolio already?
I’m assuming your trailing stop is still intact. If you are planning to add more shares, I would suggest to hold that plan for now as both indicators, 10SMACD and Momentum Power Indicator, are bearish. In addition to that, all timeline of True Market Sentiments are bearish. What does this mean? The majority of the top 10 brokers are unloading shares.
You don’t have HOUSE but are planning to do a test-buy?
Since there is no confirmed buy signal as per our Evergreen Strategy, you will need to wait until the indicators, 10SMACD and Momentum Power Indicator, are back on the bullish side.
Please request our latest analysis on HOUSE, in our Private Clients Forum, whenever you see a significant change on its price and volume.
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Also, we highly recommend that you watch our online stock market course called The Evergreen Strategy in Trading and Investing in the Philippine Stock Market. You will know how to find the stocks that you should add in your watchlist, how to check if the current trend is more than likely to continue, how to know the true market sentiment, how to identify a confirmed buy signal, how to identify the best price range to trade, and how to sell more logically and less emotionally.
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