MTD Market Sentiment Score of the 5 Commercial and Industrial Stocks Recommended by COL Financial
Based on the COL Financial Investment Guide updated on September 1, 2023, there are seven (7) Commercial and Industrial stocks with a buy rating. Only five out of seven have a buy signal from COL Financial. To know where to find the COL Financial Investment Guide, please read How to Access the COL Financial Investment Guide.
In this article, I’ll show you the prevailing market sentiment for the five Commercial and Industrial stocks that earned COL Financial’s buy rating.
Even though I’ve indicated COL Financial’s Fair Value (COL Financial’s recommended Target Selling Price) and Buy Below Price, know that I AM NOT A FAN of using a Buy Below Price and a pre-determined Target Selling Price. Read 4 Reasons to Stop Using Buy Below and Target Selling Price to know why.
My main intention for writing this article is to show you the prevailing market sentiment of participating brokers for each the five stocks.
The market sentiment helps me estimate if the prevailing direction of the share price is likely to continue or reverse.
For example, if the stock is in a downtrend and the prevailing market sentiment is bearish, it means the downtrend is likely to continue.
If the stock is in a downtrend, but the market sentiment turns bullish, it’s a sign that investors might see a bullish reversal.
Again, and again, notice the adverbs I’m using – “likely” and “might”. We’re still talking about probabilities and not certainties.
Still, it’s better to be data-driven and be proven wrong by the market than make decisions based on gut feeling alone. The former gives you the opportunity to optimize something while the latter doesn’t.
If you want to hear me explain the significance of market sentiment and the reasons why I developed my proprietary Market Sentiment Index indicator, avail yourself of my stock market investment consultancy service.
I want you to take note of the date and time stamps on each chart of these Commercial and Industrial stocks. Know that the Market Sentiment Index rating is volatile, which means it could change in a matter of seconds, minutes, or hours relative to the buying and selling activities of the participating brokers.
In this report, I’ve used month-to-date historical brokers’ transactions from September 1, 2023 to September 5, 2023 for these Commercial and Industrial stocks given with a buy rating by COL Financial.
Petron Corporation
Stock Code: PCOR
COL Fair Value: P3.50
COL Buy Below Price: P2.90
Market Sentiment Index: BEARISH
9 of the 22 participating brokers, or 40.91% of all participants, registered a positive Net Amount
7 of the 22 participating brokers, or 31.82% of all participants, registered a higher Buying Average than Selling Average
22 Participating Brokers’ Buying Average: ₱3.49258
22 Participating Brokers’ Selling Average: ₱3.50371
7 out of 22 participants, or 31.82% of all participants, registered a 100% BUYING activity
10 out of 22 participants, or 45.45% of all participants, registered a 100% SELLING activity
Manila Water Company
Stock Code: MWC
COL Fair Value: P25.50
COL Buy Below Price: P21.20
Market Sentiment Index: BULLISH
10 of the 19 participating brokers, or 52.63% of all participants, registered a positive Net Amount
11 of the 19 participating brokers, or 57.89% of all participants, registered a higher Buying Average than Selling Average
19 Participating Brokers’ Buying Average: ₱18.00743
19 Participating Brokers’ Selling Average: ₱17.98476
9 out of 19 participants, or 47.37% of all participants, registered a 100% BUYING activity
7 out of 19 participants, or 36.84% of all participants, registered a 100% SELLING activity
Integrated Micro-Electronics
Stock Code: IMI
COL Fair Value: P7.80
COL Buy Below Price: P6.50
Market Sentiment Index: BEARISH
5 of the 10 participating brokers, or 50.00% of all participants, registered a positive Net Amount
3 of the 10 participating brokers, or 30.00% of all participants, registered a higher Buying Average than Selling Average
10 Participating Brokers’ Buying Average: ₱4.07761
10 Participating Brokers’ Selling Average: ₱4.09059
3 out of 10 participants, or 30.00% of all participants, registered a 100% BUYING activity
3 out of 10 participants, or 30.00% of all participants, registered a 100% SELLING activity
GMA Network
Stock Code: GMA7
COL Fair Value: P12.20
COL Buy Below Price: P10.60
Market Sentiment Index: BULLISH
12 of the 19 participating brokers, or 63.16% of all participants, registered a positive Net Amount
10 of the 19 participating brokers, or 52.63% of all participants, registered a higher Buying Average than Selling Average
19 Participating Brokers’ Buying Average: ₱8.25328
19 Participating Brokers’ Selling Average: ₱8.25808
7 out of 19 participants, or 36.84% of all participants, registered a 100% BUYING activity
5 out of 19 participants, or 26.32% of all participants, registered a 100% SELLING activity
Bloomberry Resorts Corporation
Stock Code: BLOOM
COL Fair Value: P15.30
COL Buy Below Price: P13.30
Market Sentiment Index: BULLISH
38 of the 59 participating brokers, or 64.41% of all participants, registered a positive Net Amount
36 of the 59 participating brokers, or 61.02% of all participants, registered a higher Buying Average than Selling Average
59 Participating Brokers’ Buying Average: ₱10.90212
59 Participating Brokers’ Selling Average: ₱10.92085
19 out of 59 participants, or 32.20% of all participants, registered a 100% BUYING activity
6 out of 59 participants, or 10.17% of all participants, registered a 100% SELLING activity
Which of These 5 Commercial and Industrial Stocks Recommended by COL Financial Are You Monitoring?
Let me know in the comments.
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