A Brown Company Analysis: Poised to Break Out Above ₱0.75?

A Brown Company (PSE:BRN) closed at ₱0.7 per share as of 03:30 PM GMT+8 on January 24, 2020. The last price remains unchanged from the previous trading day’s closing price.

The Total Turnover Value was ₱524,420.00. The local traders were the main drivers of A Brown Company today.

Foreign investors did not trade BRN today. They are net sellers year-to-date, but their participation is insignificant.

The immediate support is near ₱0.68, while the immediate resistance is near ₱0.75.

Our 10SMACD combo is bearish.

BRN’s risk level is low due to its historical volatility score of 45.24 percent.

Trade-Volume Distribution Analysis

Last Price: ₱ 0.7
VWAP: ₱0.70203
Dominant Range: ₱0.7 – ₱0.71

The Momentum Power Indicator of A Brown Company is bearish.

True Market Sentiment – EOD

True Market Sentiment on BRN as of Jan-24-2020 at 03:30PM with a last price of ₱0.70
True Market Sentiment: BULLISH
6 of the top 10 brokers registered a positive Net Amount
6 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱0.7030
Top 10 Players’ Selling Average: ₱0.7037
Bonus Info:
6 out of 12 participants or 50.00% of all participants registered a 100% BUYING activity
3 out of 12 participants or 25.00% of all participants registered a 100% SELLING activity

Recommendations

Do you have A Brown Company in your portfolio already?

We recommend that you reduce the percentage of risk on your trailing stop. The downtrend is more than likely to re-test the support at ₱0.68. Do not top up because there’s no buy signal confirmation yet.

You don’t have A Brown Company yet but are you planning to enter a new position?

Do not do a test-buy on BRN until both 10SMACD and Momentum Power Indicator are bullish.

Are you a subscriber of Equilyst Analytics? You may request our latest technical analysis of BRN in our Private Clients Forum when you see a significant change in its price or volume.

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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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