Here are the top 10 Philippine stocks traded by COL Financial on September 25, 2023. I ranked the stocks according to their total turnover value from highest to lowest. I only included common stocks.
Importance of Knowing the Dominant Range of a Stock
I’ll also mention the dominant prices per stock. The dominant prices are either a standalone price or a range of prices with the highest volume and the greatest number of trades.
Imagine you’re on the verge of buying the stock. If the dominant prices are closer to the intraday low than the intraday high, will you rush into buying, or will you wait a bit longer because the price is likely to continue moving downward?
Now, consider you’re about to realize your gains, even though your trailing stop is still in place. If the dominant prices are closer to the intraday high than the intraday low, will you rush into selling, or will you wait a bit longer because the price is likely to continue moving upward?
Picture this: it’s been 60 minutes since the opening bell. If the current price is at the intraday high itself, but the dominant prices include the intraday low, wouldn’t that make you question the sustainability of the intraday bullishness?
I’ve only presented you with three scenarios where understanding the location of the dominant prices is useful in decision-making. There’s a lot more we can discuss in my stock investment consultancy service. Learn about the requirements here.
At Equilyst Analytics, you can:
- hire me as your private stock investment consultant
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- subscribe to my members-only stock analyses
- subscribe to my members-only stock screener so you’ll know which stocks I’m monitoring daily
Bloomberry Resorts Corporation (BLOOM)
Dominant Range Index: BULLISH
Last Price: 10.78
VWAP: 10.79
Dominant Range: 10.78 – 10.90
Aboitiz Power Corporation (AP)
Dominant Range Index: BULLISH
Last Price: 32.10
VWAP: 31.91
Dominant Range: 30.90 – 31.40
International Container Terminal Services (ICT)
Dominant Range Index: BULLISH
Last Price: 204.00
VWAP: 203.70
Dominant Range: 203.20 – 204.00
Converge Information and Communications Technology Solutions (CNVRG)
Dominant Range Index: BEARISH
Last Price: 9.00
VWAP: 9.08
Dominant Range: 9.00 – 9.10
Semirara Mining and Power Corporation (SCC)
Dominant Range Index: BEARISH
Last Price: 35.00
VWAP: 35.08
Dominant Range: 34.90 – 35.10
Robinsons Land Corporation (RLC)
Dominant Range Index: BULLISH
Last Price: 15.00
VWAP: 14.59
Dominant Range: 14.38 – 15.00
DITO CME Holdings Corp. (DITO)
Dominant Range Index: BULLISH
Last Price: 2.43
VWAP: 2.46
Dominant Range: 2.44 – 2.50
Ayala Land (ALI)
Dominant Range Index: BULLISH
Last Price: 28.45
VWAP: 28.08
Dominant Range: 27.70 – 28.45
Monde Nissin Corporation (MONDE)
Dominant Range Index: BEARISH
Last Price: 9.15
VWAP: 9.08
Dominant Range: 9.03 – 9.07
GT Capital Holdings (GTCAP)
Dominant Range Index: BULLISH
Last Price: 580.00
VWAP: 576.13
Dominant Range: 573.00 – 580.00
At Equilyst Analytics, you can:
- hire me as your private stock investment consultant
- hire me as your crypto and stock investment content writer
- subscribe to my members-only stock analyses
- subscribe to my members-only stock screener so you’ll know which stocks I’m monitoring daily
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