Today, I will tell you the mood of the top 10 brokers and the dominant ranges for the following stocks:
- Nickel Asia Corporation
- Puregold Price Club, Inc.
- PHINMA Energy Corporation
- Sta. Lucia Land, Inc.
- Arthaland Corporation
- Axelum Resources Corp.
- Alliance Global Group, Inc.
- Kepwealth Property Phils., Inc.
- Cirtek Holdings Philippines Corporation
- Security Bank Corporation
Why did I create my proprietary True Market Sentiment chart?
I am using my proprietary True Market Sentiment chart to identify the overall mood of the top 10 brokers.
I want you to understand that my True Market Sentiment chart is not a determiner of trend but sentiment.
I use this chart on several occasions. Here are some examples on how I use it depending on the situation.
Scenario 1
Let’s say the stock is still moving above your trailing stop loss. The Momentum Power Indicator is bullish.
You want to top up but you saw a huge Net Foreign Selling. Now you’re half-hearted to continue your plan to top up even though the Momentum Power Indicator is bullish just because you saw that the foreign fundies are bearish.
However, you saw that the True Market Sentiment is bullish. That means the majority of the top 10 brokers bought the dips.
That gives you the confidence to pursue your plan to top up then.
Scenario 2
Let’s say the stock is still trading above your trailing stop loss. However, the Momentum Power Indicator is bearish.
Now, you’re torn between pre-empting your trailing stop loss (selling even before it gets hit) and respecting it (sell only when the TSL gets hit).
But you see that the True Market Sentiment is bullish.
That may give you the confidence to hold your position because you see that the majority of the top 10 brokers are still interested in buying the dips.
Scenario 3
The stock is still trading above your trailing stop loss.
You see that the foreign investors registered a huge Net Foreign Buying.
Now, you’re asking yourself, “Does it make sense for me to top up (buy the dips) because the foreign investors are aggressively buying the dips EVEN IF the Momentum Power Indicator is bearish?”
But seeing that the True Market Sentiment is bearish, you decided not to pursue the plan to mimic what the foreign fundies are doing.
You realized that the foreign fundies can afford to buy the major dips because they have billions in their pocket.
You realized, “Why should I hurry in buying the dips when the majority of the top 10 brokers are not even showing signs of interest yet?”
Did You Get It?
These are not the only scenarios where I use my True Market Sentiment chart. If I will write every possible scenario, I am telling you that this article can be compiled into a literal book with at least 100 pages. Let’s keep it short for now.
When the TMS is bearish, it does not mean the price should also be bearish.
When the TMS is bullish, the price doesn’t have to be bullish.
The TMS chart is not a determiner of trend but sentiment.
If you will attend The Evergreen Strategy in Trading and Investing in the Philippine Stock Market seminar, I will discuss this in detail in Lesson # 3 of the seminar. I’ll teach you what I personally do from stock selection to buying to selling. It’s from point A to Z. I will teach you what you will not find on Google.
Lesson 1: how to identify the best stocks to trade
Lesson 2: how to check if the current trend is more likely to continue
Lesson 3: how to know the true market sentiment
Lesson 4: how to identify a confirmed buy signal
Lesson 5: how to identify the best price range to trade
Lesson 6: how to sell more logically and less emotionally
Why did I create my proprietary Trade-Volume Distribution chart?
- It helps me identify reversals, divergences, or false breakouts.
- It shows at a glance the prices that got the biggest volume with the highest number of trades.
- It helps me see if the majority of the volume is registered near the intraday high, intraday low, or median. The price bar at the top of the chart represents the intraday high. The price bar at the bottom represents the intraday low.
- It gives me a clue if cross trades happened at a certain price.
- This chart helps me decide where we should place our buying or selling price because we can see the prices that got the biggest volume with the highest number of trades at a glance.
Attend The Evergreen Strategy in Trading and Investing in the Philippine Stock Market seminar so you can put me to the test. Ask me to check a stock on the spot and I’ll show you right where you are seated how my proprietary methods make trading and investing a calculable and rewarding experience. Come and see.
Without further ado, here’s the trade-volume distribution of these 10 stocks.
- Nickel Asia Corporation
- Puregold Price Club, Inc.
- PHINMA Energy Corporation
- Sta. Lucia Land, Inc.
- Arthaland Corporation
- Axelum Resources Corp.
- Alliance Global Group, Inc.
- Kepwealth Property Phils., Inc.
- Cirtek Holdings Philippines Corporation
- Security Bank Corporation
NIKL
Last Price: 4.17
VWAP: 4.189224497
Most Traded: 4.17 – 4.25
Most Voluminous: 4.24 – 4.25
True Market Sentiment of NIKL as of Oct-07-2019 at 11:23AM, with a last price of 4.1700.
5 of the top 10 brokers registered a positive Net Amount
3 of the top 10 brokers registered a higher Buying Average than Selling Average
True Market Sentiment: BEARISH
Top 10 Players’ Buying Average: 4.1669
Top 10 Players’ Selling Average: 4.1902
Bonus Info:
5 out of 40 participants or 12.50% of all participants registered a 100% BUYING activity
14 out of 40 participants or 35.00% of all participants registered a 100% SELLING activity
PGOLD
Last Price: 39.30
VWAP: 38.90028646
Most Traded: 39 – 39.05
Most Voluminous: 38.55 – 39
True Market Sentiment of PGOLD as of Oct-07-2019 at 11:24AM, with a last price of 39.300.
6 of the top 10 brokers registered a positive Net Amount
7 of the top 10 brokers registered a higher Buying Average than Selling Average
True Market Sentiment: BULLISH
Top 10 Players’ Buying Average: 38.9942
Top 10 Players’ Selling Average: 38.8577
Bonus Info:
7 out of 21 participants or 33.33% of all participants registered a 100% BUYING activity
6 out of 21 participants or 28.57% of all participants registered a 100% SELLING activity
PHEN
Last Price: 2.24
VWAP: 2.209313963
Most Traded: 2.23 – 2.22
Most Voluminous: 2.17 – 2.23
True Market Sentiment of PHEN as of Oct-07-2019 at 11:25AM, with a last price of 2.2400.
5 of the top 10 brokers registered a positive Net Amount
4 of the top 10 brokers registered a higher Buying Average than Selling Average
True Market Sentiment: BEARISH
Top 10 Players’ Buying Average: 2.2021
Top 10 Players’ Selling Average: 2.2127
Bonus Info:
5 out of 30 participants or 16.67% of all participants registered a 100% BUYING activity
9 out of 30 participants or 30.00% of all participants registered a 100% SELLING activity
SLI
Last Price: 2.67
VWAP: 2.639737569
Most Traded: 2.64 – 2.65
Most Voluminous: 2.64 – 2.64
True Market Sentiment of SLI as of Oct-07-2019 at 11:26AM, with a last price of 2.6700.
2 of the top 10 brokers registered a positive Net Amount
3 of the top 10 brokers registered a higher Buying Average than Selling Average
True Market Sentiment: BEARISH
Top 10 Players’ Buying Average: 2.6348
Top 10 Players’ Selling Average: 2.6397
Bonus Info:
6 out of 19 participants or 31.58% of all participants registered a 100% BUYING activity
7 out of 19 participants or 36.84% of all participants registered a 100% SELLING activity
ALCO
Last Price: 0.86
VWAP: 0.831894105
Most Traded: 0.84 – 0.83
Most Voluminous: 0.83 – 0.83
True Market Sentiment of ALCO as of Oct-07-2019 at 11:27AM, with a last price of 0.8600.
6 of the top 10 brokers registered a positive Net Amount
8 of the top 10 brokers registered a higher Buying Average than Selling Average
True Market Sentiment: BULLISH
Top 10 Players’ Buying Average: 0.8344
Top 10 Players’ Selling Average: 0.8329
Bonus Info:
6 out of 15 participants or 40.00% of all participants registered a 100% BUYING activity
3 out of 15 participants or 20.00% of all participants registered a 100% SELLING activity
AXLM
Last Price: 4.66
VWAP: 4.933897811
Most Traded: 5.15 – 5.29
Most Voluminous: 4.89 – 5.29
True Market Sentiment of AXLM as of Oct-07-2019 at 11:30AM, with a last price of 4.6600.
4 of the top 10 brokers registered a positive Net Amount
4 of the top 10 brokers registered a higher Buying Average than Selling Average
True Market Sentiment: BEARISH
Top 10 Players’ Buying Average: 4.9271
Top 10 Players’ Selling Average: 4.9027
Bonus Info:
9 out of 99 participants or 9.09% of all participants registered a 100% BUYING activity
20 out of 99 participants or 20.20% of all participants registered a 100% SELLING activity
AGI
Last Price: 10.96
VWAP: 10.98014143
Most Traded: 10.94 – 10.96
Most Voluminous: 10.98 – 10.96
True Market Sentiment of AGI as of Oct-07-2019 at 11:31AM, with a last price of 10.9600.
7 of the top 10 brokers registered a positive Net Amount
5 of the top 10 brokers registered a higher Buying Average than Selling Average
True Market Sentiment: NEUTRAL
Top 10 Players’ Buying Average: 10.9818
Top 10 Players’ Selling Average: 11.0000
Bonus Info:
17 out of 33 participants or 51.52% of all participants registered a 100% BUYING activity
6 out of 33 participants or 18.18% of all participants registered a 100% SELLING activity
KPPI
Last Price: 9.15
VWAP: 9.291763852
Most Traded: 9.1 – 9.3
Most Voluminous: 9.39 – 9.3
True Market Sentiment of KPPI as of Oct-07-2019 at 11:32AM, with a last price of 9.1500.
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
True Market Sentiment: NEUTRAL
Top 10 Players’ Buying Average: 9.3015
Top 10 Players’ Selling Average: 9.3166
Bonus Info:
8 out of 18 participants or 44.44% of all participants registered a 100% BUYING activity
1 out of 18 participants or 5.56% of all participants registered a 100% SELLING activity
TECH
Last Price: 8.04
VWAP: 8.062513042
Most Traded: 7.9 – 8
Most Voluminous: 7.96 – 8
True Market Sentiment of TECH as of Oct-07-2019 at 11:33AM, with a last price of 8.0400.
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
True Market Sentiment: BEARISH
Top 10 Players’ Buying Average: 8.0602
Top 10 Players’ Selling Average: 8.0696
Bonus Info:
6 out of 20 participants or 30.00% of all participants registered a 100% BUYING activity
3 out of 20 participants or 15.00% of all participants registered a 100% SELLING activity
SECB
Last Price: 193.90
VWAP: 194.4069055
Most Traded: 196.6 – 196.9
Most Voluminous: 192.3 – 196.5
True Market Sentiment of SECB as of Oct-07-2019 at 11:34AM, with a last price of 193.900.
7 of the top 10 brokers registered a positive Net Amount
6 of the top 10 brokers registered a higher Buying Average than Selling Average
True Market Sentiment: BULLISH
Top 10 Players’ Buying Average: 195.0440
Top 10 Players’ Selling Average: 195.3490
Bonus Info:
6 out of 14 participants or 42.86% of all participants registered a 100% BUYING activity
2 out of 14 participants or 14.29% of all participants registered a 100% SELLING activity
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