Aboitiz Equity Ventures, Inc. (PSE:AEV) closed at ₱51.55 per share as of 03:30 PM GMT+8 on December 20, 2019. It went up by 1.18 percent.
The Total Turnover Value was ₱127,236,183.00. The foreign traders were the main drivers of AEV today.
Foreign investors registered a Net Foreign Selling worth ₱8,707,032.00. They are net sellers year-to-date.
The immediate support is near ₱48.00, while the immediate resistance is near ₱52.73.
Our 10SMACD combo is bullish.
AEV’s risk level is low due to its historical volatility score of 40.59 percent.
Trade-Volume Distribution Analysis
Last Price: ₱ 51.55
VWAP: ₱51.34114
Dominant Range: ₱49.9 – ₱50.05
The Momentum Power Indicator of AEV is bearish because only 3 of 4 elements are bullish.
True Market Sentiment – EOD
True Market Sentiment on AEV as of Dec-20-2019 at 03:30PM, with a last price of ₱51.550
True Market Sentiment: NEUTRAL
5 of the top 10 brokers registered a positive Net Amount
5 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱51.4578
Top 10 Players’ Selling Average: ₱51.2637
Bonus Info:
4 out of 30 participants or 13.33% of all participants registered a 100% BUYING activity
7 out of 30 participants or 23.33% of all participants registered a 100% SELLING activity
True Market Sentiment – WTD
True Market Sentiment on AEV from Dec-16-2019 to Dec-20-2019 at 03:30PM, with a last price of ₱51.550
True Market Sentiment: BEARISH
3 of the top 10 brokers registered a positive Net Amount
5 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱50.8672
Top 10 Players’ Selling Average: ₱50.7967
Bonus Info:
8 out of 43 participants or 18.60% of all participants registered a 100% BUYING activity
5 out of 43 participants or 11.63% of all participants registered a 100% SELLING activity
True Market Sentiment – MTD
True Market Sentiment on AEV from Dec-02-2019 to Dec-20-2019 at 03:30PM, with a last price of ₱51.550
True Market Sentiment: BEARISH
5 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: ₱50.8411
Top 10 Players’ Selling Average: ₱50.9656
Bonus Info:
10 out of 58 participants or 17.24% of all participants registered a 100% BUYING activity
7 out of 58 participants or 12.07% of all participants registered a 100% SELLING activity
Recommendations
Do you have AEV in your portfolio already?
The 10SMACD is now bullish but the Momentum Power Indicator is still bearish. That means there’s no buying signal yet. We suggest that you postpone topping up until both signals are bullish.
You don’t have AEV yet but are you planning to enter a new position?
Once the Momentum Power Indicator is bullish, together with 10SMACD, that will be the time you can do a test-buy within he dominant range of the Trade and Volume Distribution. For now, put this in your watchlist. You also have the option to wait for the price to break the resistance before entering a new position.
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Note: This is Mr. Jaycee De Guzman’s “The Evergreen Strategy in Trading and Investing in the Philippine Stock Market”.
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✅ Lesson 3: how to know the true market sentiment
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✅ 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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