DITO regained its position above the 10-day SMA last Friday, with a little bit of help from the foreign investors’ net buying status even though it’s an insignificant amount relative to last Friday’s total turnover value worth nearly P534 million. Local traders and investors were the main drivers.
The immediate support is near P10.00, while the immediate resistance is pegged near P14.00.
DITO still lacks a confirmed buy signal due to its bearish 10SMACD combo and bearish Momentum Power Indicator.
While the DMI histogram’s classical interpretation shows that the upward momentum remains strong, that bullish sentiment only favors those who already have a base on DITO. For those who are yet to enter a new position on DITO, it’s not yet the rightful time to keep your hopes up too high. After all, DITO registers a high risk profile due to its 10-day historical volatility score of 82 percent.
If the foreign investors will register a net foreign buying above P50 million per day for three consecutive days, that might help the price draw closer to the immediate resistance.
If you’re fond of piggy-backing certain brokers (aside from COL Financial), here are the brokers that should monitor as far as the price-action on DITO is concerned:
- First Metro Securities
- BDO Securities
- BPI Securities
- Timson
The bulls are not getting any help from the overall True Market Sentiment across three timeframes yet. If Timson and BDO Securities will continue to buy back the DITO shares they’ve sold month-to-date, we might start to see a “bullish” rating at least on the True Market Sentiment for EOD.
Those who don’t have DITO are better off staying on the wait-and-see mode, especially if you’re a relatively new trader/investor. Those who already have a base on DITO and whose trailing stop remains intact, it’s either you hold your position or reduce the percentage of risk on your trailing stop. You may use my trailing stop calculator (LIBRARY-> TOOLS -> TRAILING STOP CALCULATOR).
My insights are predicated by these statistics below:
Trade-Volume Distribution
Last Price: ₱12.30
Intraday Low: ₱12.10
Intraday High: ₱12.88
VWAP: ₱12.4215
Dominant Range: ₱12.30 – ₱12.40
True Market Sentiment EOD (January 22, 2021)
True Market Sentiment: BEARISH
3 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: ₱12.4166
Top 10 Players’ Selling Average: ₱12.4456
13 out of 91 participants, or 14.29% of all participants, registered a 100% BUYING activity
23 out of 91 participants, or 25.27% of all participants, registered a 100% SELLING activity
True Market Sentiment WTD (January 18-22, 2021)
True Market Sentiment: NEUTRAL
7 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: ₱11.6007
Top 10 Players’ Selling Average: ₱11.6337
11 out of 108 participants, or 10.19% of all participants, registered a 100% BUYING activity
4 out of 108 participants, or 3.70% of all participants, registered a 100% SELLING activity
True Market Sentiment MTD (January 4-22, 2021)
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: ₱12.2446
Top 10 Players’ Selling Average: ₱12.2783
6 out of 113 participants, or 5.31% of all participants, registered a 100% BUYING activity
2 out of 113 participants or 1.77% of all participants registered a 100% SELLING activity
OVERALL TRUE MARKET SENTIMENT (across 3 timeframes): BEARISH
Let Me Mentor You So You’ll Learn How to Invest INDEPENDENTLY and Trade TACTICALLY
You will learn how to analyze stocks on your own (like I do). You will learn how to confidently and systematically execute trading and investment plans.
Click here to read the details of our stock market consultancy service.
Here’s what our clients say about us.
helpful in choosing stocks
Hello Sir!Your articles are really helpful in choosing stocks. Thanks! God bless!
Very helpful.
Does not look misleading, unlike the others. Very helpful.
Very helpful analysis
Very helpful analysis.
your analysis are helpful in my decision making
Great insight on the market and your analysis are helpful in my decision making. Please continue sharing your inputs. thank you!!
very helpful
Your stock analyses are very helpful. Thanks a lot.
Very thankful!
Jaycee’s analysis is a big help to beginners like me. Gives tech guides, and illustrations for additional info. Best way to learn to trade (not Spoonfed) is thru his articles. Very thankful!
Your insights have been very helpful
Your insights have been very helpful to me as a newbie in stock market trading. Your analysis and technical guides give me the confidence to pursue my day to day trading an Investments. Thank you for taking your time in imparting your expertise. God bless us all.
has given me the confidence and knowledge to decide easier
In investing and trading the Stocks Signals has given me the confidence and knowledge to decide easier and doubtless. This is a great help. The Stock Signals team is the best. I’ll be staying as a Stock Signals subscriber until the last moment that I can trade and invest. Thank you!!! God bless!!!
Thank you is not enough kumpara sa mga natututunan ko
Thank you is not enough kumpara sa mga natututunan ko sa mga free newsletter. Dati wala talaga ko alam, puro hula lang. Pero mula ng magsubscribe ako, andaming “akala ko tama” na mali pala…maling attitude, habit, toward stock trading. Pinakagusto kong natutunan dito (at sinisikap kong talagang sundin) ay yung disiplina sa trading. Ngayon loss pa yung account ko (kakahula kasi) pero with the help of the newsletters alam ko na magiging iba na kasi data driven na ang pagdedesisyon ko.More power sa Stock Signals at sayo Sir. Sana di kayo magsawa sa pagbabahagi ng inyong kaalaman..PS. Sana magpublish na kayo sir ng book. Sa dami ng articles nyo, pwede na pang libro! ?
rich in information
Thank you for offering your newsletters for free to your subscribers! I like reading your newsletters because they are so rich in information. I’m very new to the stock market, but your articles have helped me get some ideas on how I should trade. Please keep it and thank you for sharing your knowledge with people like me.
- 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
