Cyber Bay Corporation Analysis: Buy Now or Wait Near ₱0.32?

Cyber Bay Corporation (PSE:CYBR) closed at ₱0.35 per share as of 03:30 PM GMT+8 on February 13, 2020. It went down by 4.11 percent.

The Total Turnover Value was ₱507,900.00. The local traders were the main drivers of Cyber Bay Corporation today.

Foreign investors are net buyers today with a Net Foreign Buying worth ₱283,000.00. Foreign fundies are net buyers year-to-date, but their day-to-day Net Foreign is relatively small.

The immediate support is near ₱0.32, while the immediate resistance is near ₱0.38.

Our 10SMACD combo is bearish.

CYBR’s risk level is low due to its historical volatility score of 34.5 percent.

Trade-Volume Distribution Analysis

Last Price: ₱ 0.35
VWAP: ₱0.35517
Dominant Range: ₱0.35 – ₱0.36

The Momentum Power Indicator of Cyber Bay Corporation is bearish.

True Market Sentiment – EOD

True Market Sentiment on CYBR as of Feb-13-2020 at 03:30PM with a last price of ₱0.35
True Market Sentiment: BEARISH
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
Top 10 Players’ Buying Average: ₱0.3568
Top 10 Players’ Selling Average: ₱0.3588
Bonus Info:
4 out of 8 participants or 50.00% of all participants registered a 100% BUYING activity
3 out of 8 participants or 37.50% of all participants registered a 100% SELLING activity

Recommendations

Do you have Cyber Bay Corporation in your portfolio already?

There’s no buy signal confirmation for CYBR yet. Since the last volume bar is red, you may want to pre-empt your trailing stop or reduce the percentage of risk on your trailing stop, at least.

You don’t have Cyber Bay Corporation yet but are you planning to do a test-buy?

There’s no buy signal confirmation for CYBR yet. Wait for both 10SMACD and Momentum Power Indicator to become bullish before you entertain the idea of doing a test-buy on CYBR.

Watch our online stock market course, The Evergreen Strategy in Trading and Investing in the Philippine Stock Market, to know how to spot confirmed buy signals on any stock.

Also, you can post a request for our latest analysis and recommendation on any stock in our Private Clients Forum if you’ve subscribed to our stock market subscription service.

Author
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Jaycee De Guzman

Founder and CEO at Equilyst Analytics

Experience the expertise of Jaycee De Guzman, the brain of Equilyst Analytics, renowned for his unique data analysis. He is a computer scientist and a self-taught digital marketing strategist and agriculturist. Since Equilyst Analytics’ founding in 2012, over 10,000 local and foreign clients have consulted with Jaycee de Guzman on crypto and stock investments.

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