Bank of the Philippine Islands (BPI) has been moving sideways between 102.00 and 108.00, its support and resistance levels, respectively, this April 2018.
Since 24 April 2018, BPI has entered the confirmed bearish territory as far as the alignment of Simple Moving Averages is concerned. The longer-term SMAs are hovering the shorter-term SMAs already.
I do not see signs of reversal yet.
Price-Volume Distribution
The price at 103.00 may act as BPI’s intraday support or resistance by the next trading day. Aside from 103.00, 104.00 and 104.40 are the two frequently transacted price points today.
Foreign Fund Flow
On a 30-day trading period, BPI is on a Net Foreign Selling worth PHP1,666,195,315.00.
Red is bearish. Green is bullish. I don’t need to verbalize the overall sentiment of the foreign investors on BPI for the past 30 trading days.
Risk Level
BPI has a moderate-risk level based on our risk level calculator.
I always get asked, “Sir, which stocks should I buy?”
If you’re a beginner, start with low- to moderate-risk stocks.
But how and where will you find the risk level of the stock?
Volume
Today’s price was bearish. Its volume almost crossed above the 30-day volume average. This combination puts the bias on the bears.
If the price is bearish and the volume crosses above the 30-day volume average, the bearishness of the price is more likely to continue.
If the price is bullish and the volume crosses above the 30-day volume average, the bullishness of the price is more likely to continue.
Why Did I Invent the Top 10 Players Chart and Sentiment Generator?
I needed to know the psychological average price of the top 10 brokers who have traded a specific stock within a specific time period.
I needed to know the buying average of the top 10 brokers who have traded a specific stock within a specific time period.
I needed to know the selling average of the top 10 brokers who have traded a specific stock within a specific time period.
I wanted to know how many brokers, out of all the brokers who have traded a specific stock within a specific time period, registered a 100% buying activity.
I wanted to know how many brokers, out of all the brokers who have traded a specific stock within a specific time period, registered a 100% selling activity.
I am a creator. I am not fond of being content with the tools that have been made available even before I was born. At least, if it’s my own invention, I know to the tee what it can and cannot do.
I’ve created the Top 10 Players chart and sentiment generator as I solution to all the things that I need to know, like what I’ve mentioned above.
Brokers have the data. But I need information (processed data). I can’t wait until a broker creates what I need. So I created what I needed.
Today, I’d like to share with you one of the many proprietary pieces of information that our clients at Equilyst Analytics find useful.
The buying and selling averages of the top 10 brokers are a sneak preview of the range of their collective average price.
If I know the psychological average price of the top 10 brokers who have traded a stock, I can calculate in my mind how much more could a trader, with an x percentage of risk tolerance, afford to hold should the stock’s price go south.
Top 10 Players’ Sentiment – April 2 to 27, 2018
Participants with a 100% Buying and Selling Activity from Apr-02-2018 to Apr-27-2018 at 03:30PM:
- 14 out of 97 participants or 14.43% of all participants registered a 100% BUYING activity
- 17 out of 97 participants or 17.53% of all participants registered a 100% SELLING activity
- Top 10 Players’ Buying Average: 105.8088
- Top 10 Players’ Selling Average: 105.2933
The top 10 players’ psychological average price from Apr-02-2018 to Apr-27-2018 is between 105.8088 and 105.2933.
Top 10 Players’ Sentiment – April 23 to 27, 2018
Participants with a 100% Buying and Selling Activity from Apr-23-2018 to Apr-27-2018 at 03:30PM:
- 8 out of 54 participants or 14.81% of all participants registered a 100% BUYING activity
- 11 out of 54 participants or 20.37% of all participants registered a 100% SELLING activity
- Top 10 Players’ Buying Average: 104.6875
- Top 10 Players’ Selling Average: 104.8560
The top 10 players’ psychological average price from Apr-23-2018 to Apr-27-2018 is between 104.6875 and 104.8560.
Top 10 Players’ Sentiment – April 27, 2018
Participants with a 100% Buying and Selling Activity as of Apr-27-2018 at 03:30PM:
- 17 out of 39 participants or 43.59% of all participants registered a 100% BUYING activity
- 6 out of 39 participants or 15.38% of all participants registered a 100% SELLING activity
- Top 10 Players’ Buying Average: 103.8512
- Top 10 Players’ Selling Average: 104.0337
The top 10 players’ psychological average price as of Apr-27-2018 is between 103.8512 and 104.0337.
Did You Find My Free Report Helpful?
Let me know in the comments. I love to read comments, especially those expressions of appreciation.
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