Ayala Land Analysis: Buy Near ₱33 or ₱30?

Ayala Land (PSE:ALI) closed at ₱33.90 per share as of 03:30 PM GMT+8 on March 12, 2020. It went down by 11.26 percent.

The Total Turnover Value was ₱792,106,225.00. The foreign traders were the main drivers of Ayala Land today.

Foreign investors are net sellers today with a Net Foreign Selling worth ₱57,413,630.00. Foreign fundies are net sellers year-to-date.

The immediate support is near ₱33.00, while the immediate resistance is near ₱36.30.

Our 10SMACD combo is bearish.

ALI’s risk level is high due to its historical volatility score of 80.16 percent.

Trade-Volume Distribution

Last Price: ₱ 33.90
VWAP: ₱35.09009
Dominant Range: ₱33.90 – ₱33.90

The Momentum Power Indicator of Ayala Land is bearish.

True Market Sentiment

True Market Sentiment on ALI as of Mar-12-2020 at 03:30PM with a last price of ₱33.90
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: ₱34.6197
Top 10 Players’ Selling Average: ₱34.9406
Bonus Info:
36 out of 84 participants or 42.86% of all participants registered a 100% BUYING activity
2 out of 84 participants or 2.38% of all participants registered a 100% SELLING activity

Recommendations

Do you have Ayala Land in your portfolio already?

There’s no buy signal confirmation for ALI 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 Land yet but are you planning to do a test-buy?

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

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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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