AyalaLand Logistics Holdings Corp. (PSE:ALLHC) is priced at ₱3.62 per share as of 03:30 PM GMT+8 on November 15, 2019. It is down by 0.82 percent.
The Total Turnover Value is at ₱9,121,570.00. The local traders are the main drivers of ALLHC today.
Foreign investors registered a Net Foreign Buying worth ₱4,125,350.00. They are net buyers year-to-date.
The immediate support range is between ₱3.35 and ₱3.50, while the immediate resistance is near ₱3.77.
My 10SMACD combo is bearish.
ALLHC’s risk level is low due to its historical volatility score of 27.7 percent.
Trade-Volume Distribution Analysis
Last Price: ₱ 3.62
VWAP: ₱3.65887
Dominant Range: ₱3.62 – ₱3.68
The Momentum Power Indicator of ALLHC is bearish because all of 4 elements are bearish.
It’s more than likely for the price to either move sideways or go down because the 10SMACD and the Momentum Power Indicator are not yet bullish.
True Market Sentiment – EOD
True Market Sentiment on ALLHC as of Nov-15-2019 at 03:30PM, with a last price of ₱3.620
True Market Sentiment: NEUTRAL
4 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: ₱3.6588
Top 10 Players’ Selling Average: ₱3.6569
Bonus Info:
4 out of 22 participants or 18.18% of all participants registered a 100% BUYING activity
6 out of 22 participants or 27.27% of all participants registered a 100% SELLING activity
True Market Sentiment – WTD
True Market Sentiment on ALLHC from Nov-11-2019 to Nov-15-2019 at 03:30PM, with a last price of ₱3.620
True Market Sentiment: BEARISH
4 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: ₱3.5798
Top 10 Players’ Selling Average: ₱3.5846
Bonus Info:
13 out of 46 participants or 28.26% of all participants registered a 100% BUYING activity
11 out of 46 participants or 23.91% of all participants registered a 100% SELLING activity
True Market Sentiment – MTD
True Market Sentiment on ALLHC from Nov-04-2019 to Nov-15-2019 at 03:30PM, with a last price of ₱3.620
True Market Sentiment: NEUTRAL
4 of the top 10 brokers registered a positive Net Amount
7 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱3.5753
Top 10 Players’ Selling Average: ₱3.5778
Bonus Info:
16 out of 53 participants or 30.19% of all participants registered a 100% BUYING activity
9 out of 53 participants or 16.98% of all participants registered a 100% SELLING activity
Recommendations
Our Evergreen Strategy doesn’t have a confirmed buy signal for you to top-up or enter a new position on ALLHC.
If you have a position on ALLHC, your logical option for now is to hold your shares as your trailing stop is intact. Wait for the 10SMACD and Momentum Power Indicator to become bullish before you top up within the dominant range as shown on the Trade and Volume Distribution chart of ALLHC above.
On the other hand, I do not recommend that you do a test-buy on ALLHC because there’s no confirmed buy signal yet. On top of that, the last price of this stock is already a lot closer to its resistance than to its support level. That means you have a slimmer potential reward than your potential risk.
I estimate that MACD will cross above the signal line once the price is above ₱3.70. You may request for our latest analysis on ALLHC in our Private Clients Forum if you are one of our subscribers.
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