Cebu Landmasters, Inc. (PSE:CLI) is priced at ₱4.84 per share as of 03:30 PM GMT+8 on November 13, 2019. It is up by 2.98 percent.
The Total Turnover Value is at ₱8,388,820.00. The local traders are the main drivers of CLI today.
Foreign investors registered a Net Foreign Selling worth ₱1,006,030.00. They are net sellers year-to-date, but their participation is insignificant.
The immediate support is near ₱4.50, while the immediate resistance is near ₱5.30.
My 10SMACD combo is bullish.
CLI’s risk level is low due to its historical volatility score of 24.32 percent.
Trade-Volume Distribution Analysis
Last Price: ₱ 4.84
VWAP: ₱4.86027
Dominant Range: ₱4.84 – ₱4.9
The Momentum Power Indicator of CLI is bullish because all 4 of 4 elements are bullish.
The ascent in price is more than likely to continue since the 10SMACD and the Momentum Power Indicator are both bullish.
True Market Sentiment – EOD
True Market Sentiment on CLI as of Nov-13-2019 at 03:30PM, with a last price of ₱4.840
True Market Sentiment: BEARISH
4 of the top 10 brokers registered a positive Net Amount
2 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱4.8479
Top 10 Players’ Selling Average: ₱4.8526
Bonus Info:
5 out of 26 participants or 19.23% of all participants registered a 100% BUYING activity
12 out of 26 participants or 46.15% of all participants registered a 100% SELLING activity
True Market Sentiment – WTD
True Market Sentiment on CLI from Nov-11-2019 to Nov-13-2019 at 03:30PM, with a last price of ₱4.840
True Market Sentiment: BEARISH
4 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: ₱4.7926
Top 10 Players’ Selling Average: ₱4.8246
Bonus Info:
5 out of 29 participants or 17.24% of all participants registered a 100% BUYING activity
14 out of 29 participants or 48.28% of all participants registered a 100% SELLING activity
True Market Sentiment – MTD
True Market Sentiment on CLI from Nov-04-2019 to Nov-13-2019 at 03:30PM, with a last price of ₱4.840
True Market Sentiment: NEUTRAL
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
Top 10 Players’ Buying Average: ₱4.7463
Top 10 Players’ Selling Average: ₱4.7512
Bonus Info:
5 out of 38 participants or 13.16% of all participants registered a 100% BUYING activity
20 out of 38 participants or 52.63% of all participants registered a 100% SELLING activity
Recommendations
Our Evergreen Strategy rating for CLI is bullish today; however, the True Market Sentiment on the daily and weekly charts are both bearish.
COL Financial, Abacus, and BPI Securities are the only ones carrying the ship, so to speak.
You have to be more careful with your buying decisions on CLI.
You have to be more alert in monitoring your trailing stop on CLI.
If the other members of the top 10 brokers’ list will influence any of these 3 brokers who are the main carriers of CLI month-to-date, this stock might change direction.
Does this mean you need to take profit?
If you’re one of our subscribers, you know this should not cause any panic since we’ve been telling you to use a trailing stop since the first day.
Relax. You should be fine as long as the last price is trading above your trailing stop. As a matter-of-factly, it’s also logical to top up within the dominant range since both 10SMACD and Momentum Power Indicator are bullish.
Don’t forget to do an upward adjustment on your trailing stop every time the price registers a higher one. Use my Trailing Stop Calculator.
Now, if you are planning to enter a new position on CLI, don’t immediately buy just because you read that I’ve given a go signal for those who already have this stock that there’s a data-driven signal to top up within the dominant range.
It’s going to be a different case for you. You must calculate your reward-to-risk ratio first. You can use my Reward-to-Risk Ratio Calculator. If you’re satisfied with the ratio, then, that’s the time that should can position within the dominant range.
If and when CLI starts at a price higher or lower than the dominant range I mentioned above, please post a request for our latest analysis on CLI in our Private Clients Forum immediately.
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