Prices Investors Must Watch (12.6.2023): ALI, AC, ACEN, AREIT, CNVRG

In this report, you’ll know the dominant prices for ALI, AC, ACEN, AREIT, and CNVRG as of December 6, 2023. The dominant prices are either a standalone price or a range of prices with the highest volume and the greatest number of trades.

Imagine you’re on the verge of buying the stock. If the dominant prices are closer to the intraday low than the intraday high, will you rush into buying, or will you wait a bit longer because the price is likely to continue moving downward?

Now, consider you’re about to realize your gains, even though your trailing stop is still in place. If the dominant prices are closer to the intraday high than the intraday low, will you rush into selling, or will you wait a bit longer because the price is likely to continue moving upward?

Picture this: it’s been 60 minutes since the opening bell. If the current price is at the intraday high itself, but the dominant prices include the intraday low, wouldn’t that make you question the sustainability of the intraday bullishness?

I cannot fully explain the significance of my proprietary Market Sentiment Index and Dominant Range Index indicators in this short article. While this article is informative and data-driven, you can only appreciate it fully if you understand the principles behind my proprietary indicators. 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.

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ALI

Dominant Range Index: BEARISH
Last Price: 31.25
Dominant Range: 31.05 – 31.30
VWAP: 31.17

AC

Dominant Range Index: BEARISH
Last Price: 654.00
Dominant Range: 651.00 – 655.00
VWAP: 653.39

ACEN

Dominant Range Index: BEARISH
Last Price: 4.61
Dominant Range: 4.60 – 4.65
VWAP: 4.65

AREIT

Dominant Range Index: BULLISH
Last Price: 31.30
Dominant Range: 31.20 – 31.40
VWAP: 31.19

CNVRG

Dominant Range Index: BEARISH
Last Price: 8.19
Dominant Range: 8.20 – 8.29
VWAP: 8.24

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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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