Boulevard Holdings Technical Analysis
Boulevard Holdings, Inc. (PSE:BHI) is the only stock with an above-zero Day Change among the top 30 traded stocks as of closing on March 15, 2021. BHI closed today at ₱0.085, up by 14.86 percent, with a total turnover value of ₱164 million.
Foreign investors do not have significant participation in trading BHI. Today, they printed a net foreign selling worth ₱4 million. When I am filling in my watchlist, it’s a bonus criterion if the stock is heavily traded by foreign investors, too. Yes, I’ll also teach you how to select stocks for your watchlist in the pre-recorded video of my Evergreen Strategy 2.0 when you subscribe to Equilyst Analytics’ stock market consultancy service. The ₱5,000.00 discount is extended until March 19, 2021.
BHI’s immediate support is near ₱0.0725, and the immediate resistance is near ₱0.093. If and when it breaks above the resistance, I’ll be plotting an Up Fibonacci to identify its psychological resistance. I do not want to stretch my daily chart to the extreme left to find a historical resistance.
BHI has been registering impressive daily volumes this March 2021. Why did I say that? I see lots of daily volumes that are above 100 percent of BHI’s 10-day volume average on those days. An impressive volume supports today’s price hike.
Also, MACD continues to show a bullish divergence from the signal line. That’s a sign of a strong upward momentum as far as the MACD’s histogram is concerned. The DMI’s histogram seconds the motion.
On the other hand, the 10-day historical volatility of BHI suggests that this stock already has an extremely high sensitivity level due to the engulfing candlesticks it registered, particularly this March 2021. This means that the erraticity or price fluctuation of BHI is not suitable for beginners at this moment.
Dominant Range Index
Dominant Range Index: Bullish
Last Price: ₱0.085
Intraday Low: ₱0.0760
Intraday High: ₱0.0930
VWAP: ₱0.0841
Dominant Range: ₱0.08 – ₱0.09
Market Sentiment Index EOD – March 15, 2021
Market Sentiment Index: NEUTRAL
5 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: ₱0.0842
Top 10 Players’ Selling Average: ₱0.0842
3 out of 61 participants, or 4.92% of all participants, registered a 100% BUYING activity
10 out of 61 participants, or 16.39% of all participants, registered a 100% SELLING activity
Market Sentiment Index MTD – March 1-15, 2021
Market Sentiment Index: NEUTRAL
5 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: ₱0.0777
Top 10 Players’ Selling Average: ₱0.0787
0 out of 89 participants, or 0.00% of all participants, registered a 100% BUYING activity
11 out of 89 participants, or 12.36% of all participants, registered a 100% SELLING activity
Recommendations
BHI has a confirmed buy signal because it passed all 5 critical questions when looking for a confirmed buy signal using my Evergreen Strategy 2.0. However, I’d give this confirmed buy signal for those who already have a position on BHI and not for those who are yet to do a test-buy.
Why?
It’s because the average Market Sentiment Index of the two timeframes is neutral. It’s a fair warning of looming profit-taking near the historical resistance. Besides, the last price is already past the median of immediate support and resistance. The reward-to-risk ratio is no longer attractive enough at this moment insofar as the last price, immediate support, and resistance are concerned.
If your trailing stop remains intact, you may top up within the dominant range if you’re a high-risk trader or investor. Otherwise, hold your position.
If you’re yet to enter a new position, consider your reward-to-risk ratio and this stock’s sensitivity level. The extremely high sensitivity level of BHI makes its price action a lot less predictable.
You can use my trading calculators. You’ll find them in the TOOLS tab of the LIBRARY page of Equilyst Analytics’ website.
Learn How to Invest INDEPENDENTLY and Trade TACTICALLY in the Philippine Stock Market
Let me mentor you through our stock market consultancy service. Learn my Evergreen Strategy in Trading and Investing in the Philippine Stock Market.
Click here to read the details of our stock market consultancy service.
Here’s what our clients say about us.
I like your program the most
Hi Jaycee,
It’s me again Anna. I am now in your Serial Investor Package for 6 months. In my 1 week of experiencing it. I really enjoyed it! I love it actually! It is different from TRC and PinoyInvestor which I tried before. I like your program the most. That is why instead of 6 months only I want to make most of your 50% promo. Can I extend my subscription from 6 months to 1 year by completing the money for 1 year subscription? I am hoping you can grant my request.
Have a blessed Sunday!
Thank you, Sir. I really appreciate your inputs.
Thank you, Sir. I really appreciate your inputs.
Keep it up!
Thanks for sharing your knowledge. Keep it up!
I've earned because of you
Jaycee, I’d like to tell you that I was able to earn a good amount by “connecting the dots” on the free technical analysis articles you regularly post on your website. I’m sure I would get more value by becoming a premium member. I’ve subscribed to your Stock Signals for 15 months. I am excited to learn and to earn with your assistance.
helpful information
Thanks a lot, sir. That’s truly a helpful information. I’m hoping to keep in touch with you soon.
kakaiba yung sa inyo sir
Tama nga yung nabasa ko sa isang Facebook group tungko sa iyo sir jaycee, na para ka lang nanonood ng Batibot with the way you explain technical stuff with us sa stock signals program mo po. pinagsabay ko yung TRC at pinoy investor subscription ko dati sir bago pa ako nagsubscribe sa iyo. yung sa TRC makikita rin naman sa COL. yung sa pinoy investor, kung magaling ka lang sa search2x sa google mababasa mo rin naman yung info na binibigay nila. may sarili ka bang software sa pagaanalyze sir? kakaiba yung sa inyo sir. nagpatindi pa yung layman na layman na explanation mo sir. kumpletos-rekados ika nga. madalas di ko na kailangang magtanong dahil nasasagot na agad sa explanation mo sir. tapusin ko lang yung binayad ko sa TRC at Pinoy investor tapos eextend ko pa ng 1 year subscription ko sa stock signals program sir surebol yun. Thank you sir Jaycee!
Your analysis is very useful in my decision making
Your analysis is very useful in my decision making. Thank you very much.
Kudos to you Sir Jaycee! God bless Sir!
Sir! I’m one of your 1st customers since 2014. What I like the most in the Stock Signals Program is that hindi mo kami binibigyan ng jargons. Dun sa kung kanino ako dati nakasubscribe hindi ko alam kung yung analyst lang ang nakakaintindi sa mga sinasabi nila o nagkakacopy and paste lang. Dun sa isa naman buy below price lang tapos parang ang dating e bahala na kaming bumili kung saan namin gusto. Para bang tapos na trabaho nila after nila ibato ang buy below price nila. Sabi mo nga Sir you could have chosen to just give us your buy below price din tulad ng iba but thankfully hindi mo ginawa yun. Kudos to you Sir Jaycee! God bless Sir!
very detailed explanation of your recommendation
Sir Jaycee,
I’m happy that I’ve discovered your Stock Signals Program. I was a TrulyRichClub subscriber until yesterday. My officemate, who happens to be your subscriber since 2014, told me about your Stock Signals Program. He also showed to me what he gets from your program. I must say I was wowed to see how you are so different and better than Truly Rich Club. Indeed, you are not only giving your subscribers a buy below price. You also give them the best buying range in that buy below price. Plus you give a very detailed explanation of your recommendation. How do you manage to do all that the entire trading period every day? Well, please welcome me to your team for I am now a subscriber of yours. Payment has been sent. Cheers!
Louie
Thank you for your assistance
Good day sir jaycee. Ive read it already and am amaze. So far yun lang ang inquiries ko.
Thank you for your assistance. Highly appreciate such gesture.
Will be thinking muna about it since I’m a full time house wife. Will be planning muna where to get the funds.
Thank you again
Cheyenne
- MA, BDO, ALI, URC, PX: Is Their Dominant Range Pointing to a Breakout? - March 14, 2025
- Tracking Market Sentiment: MTD Ratings for 30 Bluechip Stocks (March 2025) - March 13, 2025
- PSEi Stalls Below 6,260 as Market Awaits Political Shift - March 12, 2025
