ALI Technical Analysis (11.15.2021): Is Ayala Land a Good Stock to Buy?

ALI Technical Analysis

In this sentimental and technical analysis for Ayala Land (ALI), I’ll show you the status of the six (6) indicators I monitor to know if the stock has a confirmed buy signal. If all six indicators are bullish, it means the stock has a confirmed buy signal according to my proprietary methodology.

I don’t follow the classical usage of technical indicators. I have my proprietary methodology in using certain technical indicators, which I call The Evergreen Strategy 2.0. Some of the indicators I use pre-exist and some I developed.

Getting a confirmed buy signal does not mean buying the stock right away. I must compute for my initial trailing stop and reward-to-risk ratio first.

The computation of my reward-to-risk ratio follows after computing for my initial trailing stop. I need to decide for the percentage of risk I’m willing to apply in that particular trade. This process must be done sequentially. To compute my reward-to-risk ratio, I need to identify the stock’s resistance.

For your convenience, I created the Trailing Stop Calculator and Reward-to-Risk Ratio Calculator, which you’ll find in the Calculators tab of the Library section of our website.

This ALI technical analysis gives you a sneak preview of my thought process in making a data-driven trade and investment decision. Subscribe to our stock market consultancy service to learn my entire methodology.

Let’s take a look at the ratings of the six indicators.

Price vs. 10-day Simple Moving Average (SMA)

Parameter 1: Is its last price moving above its 10-day simple moving average (SMA)?
Answer: NO

Volume

Parameter 3: Is its last volume bar higher than 50 percent of its 10-day volume average?
Answer: YES

Moving Average Convergence Divergence (MACD) vs. Signal Line

Parameter 2: Is its moving average convergence divergence (MACD) moving above its signal line?
Answer: NO

Volume-Weighted Average Price (VWAP)

Parameter 4: Is its last price equal or higher than its volume-weighted average price?
Answer: NO

Dominant Range Index (DRI)

Parameter 5: Is its Dominant Range Index bullish?
Answer: NO

Dominant Range Index: BEARISH
Last Price: 36.75
VWAP: 37.07
Dominant Range: 36.75 – 36.75

Market Sentiment Index (MSI)

Parameter 6: Is its Market Sentiment Index bullish?
Answer: YES

Market Sentiment Index: BULLISH
29 of the 48 participating brokers, or 60.42% of all participants, registered a positive Net Amount
23 of the 47 participating brokers, or 48.94% of all participants, registered a higher Buying Average than Selling Average
48 Participating Brokers’ Buying Average: ₱37.00432
48 Participating Brokers’ Selling Average: ₱37.19981
15 out of 48 participants, or 31.25% of all participants, registered a 100% BUYING activity
7 out of 48 participants, or 14.58% of all participants, registered a 100% SELLING activity

Verdict: ALI Technical Analysis

There is NO confirmed buy signal because not all six indicators are bullish. This doesn’t mean you should sell if you already have some shares of this stock. Refer to the fourth lesson of our Evergreen Strategy 2.0 for a refresher on what you should do.

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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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