AC Energy Philippines, Inc. (PSE:ACEPH) closed at ₱2.27 per share as of 03:30 PM GMT+8 on December 26, 2019. The last price remains unchanged from the previous trading day’s closing price.
The Total Turnover Value was ₱4,515,000.00. The local traders were the main drivers of AC Energy Philippines, Inc. today.
Foreign investors registered a Net Foreign Selling worth ₱9,200.00. They are net sellers year-to-date, but their participation is insignificant.
The immediate support is near ₱2.10, while the immediate resistance is near ₱2.46.
The ₱2.46 is in confluence with the 61.80 percent retracement of the Down Fibonacci.
Our 10SMACD combo is bullish.
ACEPH’s risk level is moderate due to its historical volatility score of 56.43 percent.
Trade-Volume Distribution Analysis
Last Price: ₱ 2.27
VWAP: ₱2.28261
Dominant Range: ₱2.27 – ₱2.29
The Momentum Power Indicator of AC Energy Philippines, Inc. is bearish because all 4 elements are bearish.
True Market Sentiment – EOD
True Market Sentiment on ACEPH as of Dec-26-2019 at 03:30PM, with a last price of ₱2.270
True Market Sentiment: NEUTRAL
6 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: ₱2.2850
Top 10 Players’ Selling Average: ₱2.2832
Bonus Info:
3 out of 20 participants or 15.00% of all participants registered a 100% BUYING activity
10 out of 20 participants or 50.00% of all participants registered a 100% SELLING activity
Recommendations
Do you have AC Energy Philippines, Inc. in your portfolio already?
No confirmed buy signal has been issued by our Evergreen Strategy since the last week of October 2019. If you’re one of our subscribers, your trailing stop must have already been hit. If you’re not one of our subscribers and you have AC Energy Philippines, please make sure the current price is above your trailing stop. Otherwise, you are holding AC Energy Philippines for some illogical reasons.
Assuming your trailing stop is intact, we advise that you hold our position for now. Do not top up yet. Make sure that you do an upward adjustment on your trailing stop when AC Energy Philippines registers a higher prevailing price.
Wait for the 10SMACD and the Momentum Power Indicator to become bullish before you top up within the dominant range.
You don’t have AC Energy Philippines, Inc. yet but are you planning to enter a new position?
Not having a position on AC Energy Philippines is a good disposition. Don’t hurry. The price might just re-test the support level. Unless and until the 10SMACD and the Momentum Power Indicator are both bullish, do not do a test-buy.
For one, today’s True Market Sentiment is neutral. That’s a sign of an indecision.
Request for our latest analysis and recommendation in our Private Clients Forum when AC Energy Philippines registers a green candlestick.
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Note: This is Mr. Jaycee De Guzman’s “The Evergreen Strategy in Trading and Investing in the Philippine Stock Market”.
✅ Lesson 1: how to find the stocks that you should add in your watchlist
✅ Lesson 2: how to check if the current trend is more than likely to continue
✅ Lesson 3: how to know the true market sentiment
✅ Lesson 4: how to identify a confirmed buy signal
✅ Lesson 5: how to identify the best price range to trade
✅ Lesson 6: how to sell more logically and less emotionally
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