DITO CME Holdings Corp. (DITO) Technical Analysis
DITO CME Holdings Corp. (DITO) closed at ₱15.06 per share, down by 6.58 percent, as of closing on March 2, 2021, Tuesday. The total turnover value hit ₱1.3 million.
DITO’s immediate support sits at ₱14.86, while its resistance stands near ₱19.00. If DITO breaks below ₱14.86, the next support will be at ₱10.80.
Local investors were the main drivers of today’s price action. The foreign investors only registered a Net Foreign Selling worth ₱18 million.
Today’s bearish price action is complemented with a bearish volume that is higher than 100 percent of DITO’s 10-day volume average. Foreign investors are inconsistent with their daily Net Foreign Buying.
I see a bearish divergence between MACD and the signal line. The -DMI seconds the motion as it registers a bearish divergence with the +DMI. Take note that the ADX is already higher than 25 points, which favors the bears.
DITO has a high-sensitivity level due to its nearly 76-point 10-day historical volatility.
All signs point to the northward direction with a high-risk level.
Dominant Range Index
Dominant Range Index: Bearish
Last Price: ₱15.06
Intraday Low: ₱15.0200
Intraday High: ₱15.9200
VWAP: ₱15.3871
Dominant Range: ₱15.06 – ₱15.50
There is no confirmed buy signal on DITO as of today’s closing. The last price is lower than DITO’s 10-day volume-weighted average price, and the dominant range is closer to the intraday low than the intraday high.
Market Sentiment Index EOD – March 2, 2021
Market Sentiment Index: BULLISH
6 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: ₱15.3940
Top 10 Players’ Selling Average: ₱15.3914
32 out of 94 participants, or 34.04% of all participants, registered a 100% BUYING activity
4 out of 94 participants, or 4.26% of all participants, registered a 100% SELLING activity
Market Sentiment Index WTD – March 1-2, 2021
Market Sentiment Index: NEUTRAL
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
Top 10 Players’ Buying Average: ₱15.6887
Top 10 Players’ Selling Average: ₱15.6653
22 out of 97 participants, or 22.68% of all participants, registered a 100% BUYING activity
5 out of 97 participants, or 5.15% of all participants, registered a 100% SELLING activity
Given the bullish Market Sentiment Index EOD, there’s a chance for DITO to respect the support at ₱14.86. This insight will be invalidated once the Market Sentiment Index EOD becomes neutral or bearish.
Recommendations
Do you have DITO already, and is your trailing stop intact? If your answer is affirmative, hold your position or reduce the percentage of risk on your trailing stop. You can use our trailing stop calculator. Go to our website, click LIBRARY, and click the TOOLS tab. Don’t top up yet unless and until there is a confirmed buy signal. If you’re one of our clients, please request our latest analysis on DITO in our Private Clients Forum.
You don’t have DITO, but you’re planning to do a test-buy? Don’t rush. Wait for a confirmed buy signal. Please wait for the first 5 questions of our Evergreen Strategy 2.0 to be answered with a YES so you’ll get a confirmed buy signal. It’s a bonus of the Market Sentiment Index (prevailing or EOD) is bullish. Once there’s a confirmed buy signal, buy within the prevailing dominant range, which you’ll get from our Dominant Range Index’s statistics. Ask in our Private Clients Forum.
Learn How to Invest INDEPENDENTLY and Trade TACTICALLY
Let me mentor you through our stock market consultancy service. Learn my Evergreen Strategy in Trading and Investing in the Philippine Stock Market.
Click here to read the details of our stock market consultancy service.
Here’s what our clients say about us.
in-depth analysis
I appreciate the in-depth analysis that you continuously shared in your e-mails.
I'm amazed
Thank you for explaining what seems to be something complicated to something understandable. This will help me in my decision now. I’m amazed too that in spite your busy schedule you treat each one here as if we hired a personal mentor to coach us all the way. I guess you can tick that on your list as you are very true to what you committed to before I joined Stocks Signal. Thank you and I’m picking up your philosophy bit by bit.
Thankful that I subscribed to Sir Jaycee
Thankful that I subscribed to Sir Jaycee. Since I don’t have to time to study technical terms, I like the way he writes his EOD remark for top stock picks. 400 pesos a month is so cheap for a service like this. Thank you sir!
helps me become an intelligent trader and investor
I remember the first I joined stock investing I also joined the Truly Rich Club to assist me, with the knowledge I must need. But sad to say, it didn’t help me at all. I’m glad I came across seeing links and articles of Stock Signals. In my personal assessment with the free articles I am receiving via email, I am sure of myself that this is the help and knowledge or mentoring I am looking for. I want to become an intelligent trader and investor soon with the help of Stock Signals. Thank God I got to know you, Stock Signals. More Power and God bless!
I like your program the most
Jaycee,
I never heard your name so I was hesitant to subscribe to your program. To test your Stock Signals Program, I have subscribed for 6 months. When I checked your system on day 1, I realized I was the greater fool for not subscribing to you a long time ago. Been to TRC, been to PinoyInvestor, been to various paid FB Groups, but I like your program the most. Keep up the good work. I owe you an apology for doubting you at first.
Wil
very helpful and gave me a new perspective on available opportunities in the stock market
Thank you for sharing your analysis to the public. I really appreciate the time you spent on this article. It is very helpful and gave me a new perspective on available opportunities in the stock market. Mabuhay kayo sir
happy with my portfolio because of your guidance
Sir Jaycee,
I’ve been following your stock analysis posts since last year. I must say that my 1 year subscription to your program has been long overdue. I’m so happy seeing my portfolio because of your guidance. Had I subscribed to your Stock Signals Program last year, I would have been happier. Sayang. Naging kawalan ko pa yung patumpik-tumpik kong decision on whether I subscribe or not. I was subscribed to Truly Rich Club kasi nun. Your program is way way way better yet cheaper than the TRC of Bro Bo Sanchez. Sir, you’ve just won a loyal client in me. Thank you. God bless.
Cordially,
Randz
he helped me recover from my -30% loss last year
I subscribed to Mr. De Guzman’s Stock Signals Program last year. I am happy with his service. He delivers more than what I am paying for. He is responsive to my emails even if he has hundreds of clients to attend. Not only did he help me recover from my -30% loss last year, he has also helped me grow my stock portfolio by more than 20% this April. Mr. De Guzman should have offered his service a long time ago. Where have you been all those years, Mr. De Guzman? I’m only kidding. You know how thankful I am to you. Again thank you so much.
has helped me a lot in my decision making and evaluation of stocks
Hi, Jaycee thank you for the informative articles that you provide to us. It has helped me a lot in my decision making and evaluation of stocks.
exceptional and really informative
Hi, Jaycee, thanks for allowing us to read your articles for free. the outputs you made are really exceptional and really informative especially for those who are about to start trading. As much as I would like to subscribe I can’t afford because I am currently suffering huge losses more than you could ever imagine. 438% to break even is not a joke, right? But yeah good job!
- MA, BDO, ALI, URC, PX: Is Their Dominant Range Pointing to a Breakout? - March 14, 2025
- Tracking Market Sentiment: MTD Ratings for 30 Bluechip Stocks (March 2025) - March 13, 2025
- PSEi Stalls Below 6,260 as Market Awaits Political Shift - March 12, 2025
