Ayala Corporation Analysis: More Likely to Go Below ₱400?

Ayala Corporation (PSE:AC) closed at ₱410.00 per share as of 03:30 PM GMT+8 on March 20, 2020. It went up by 4.06 percent.

The Total Turnover Value was ₱370,440,570.00. The foreign traders were the main drivers of Ayala Corporation today.

Foreign investors are net sellers today with a Net Foreign Selling worth ₱95,227,904.00. Foreign fundies are net sellers year-to-date.

The immediate support is near ₱400, while the immediate resistance is near ₱510.

Our 10SMACD combo is bearish.

AC’s risk level is extremely high due to its historical volatility score of 163.73 percent.

Trade-Volume Distribution

Last Price: ₱ 410.00
VWAP: ₱416.56704
Dominant Range: ₱410.00 – ₱410.00

The Momentum Power Indicator of Ayala Corporation is bearish.

True Market Sentiment

True Market Sentiment on AC as of Mar-20-2020 at 03:30PM with a last price of ₱410.00
True Market Sentiment: NEUTRAL
6 of the top 10 brokers registered a positive Net Amount
3 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱415.3426
Top 10 Players’ Selling Average: ₱417.1660
Bonus Info:
22 out of 65 participants or 33.85% of all participants registered a 100% BUYING activity
2 out of 65 participants or 3.08% of all participants registered a 100% SELLING activity

Recommendations

Do you have Ayala Corporation in your portfolio already?

There’s no buy signal confirmation for AC yet. Since the last volume bar is red, you may want to pre-empt your trailing stop or reduce the percentage of risk on your trailing stop, at least.

You don’t have Ayala Corporation yet but are you planning to do a test-buy?

There’s no buy signal confirmation for AC yet. Wait for both 10SMACD and Momentum Power Indicator to become bullish before you entertain the idea of doing a test-buy on AC.

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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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