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.
equips me with the knowledge and tools I needed prior to investing and trading
Thanks for the information you are sharing. It equips me with the knowledge and tools I needed prior to investing and trading. Pls, continue to send me helpful articles.The terminologies are too many which make me so reluctant at first but you make it simpler to understand esp to a neophyte like me.Thank you very much and may God bless you more.
It helps me a lot in my trading and to spot a good and bad stock
It helps me a lot in my trading and to spot a good and bad stock. I’m grateful to you for helping newbies like me. Would very much like to learn your ways of analyzing technical and fundamentals analysis of all stock in the PSE. Thanks and God Bless.
Nice, helpful and informative...
Nice, helpful and informative…
the contents are well-packaged and of high quality
STOCK SIGNALS is one of the most popular free newsletters for finding and sharing stocks information out there, in fact, the contents are well-packaged and of high quality, it’s the RIGHT PLACE to go, if you are looking for news about a particular stock, thanks a lot. Sir JAYCEE, good luck!
Thank you Sir Jaycee for helpful stocks review.
Thank you Sir Jaycee for helpful stocks review.
the subscription is a great help for me
The subscription is a great help for me since I am still learning how to do stocks. Thank you.
I'm more ready to invest more
I’m a newbie and I appreciate that the Stock Signals Philippines is for both traders (for times I can monitor stocks every day) and investors (for times I have to concentrate on work instead). An added bonus is that it’s free. I’ll commit more when I’m more ready to invest more. Thank you, sir Jaycee.
Very helpful insights from an expert
Very helpful insights from an expert. Thank you so much Sir for all your help….
increase your rate upon reading this review
After seeing how Jaycee guides us in the Stock Signals, I felt I just wasted 12 months of my time and money in the Truly Rich Club of Bo. I only paid 400 pesos per month in the Stock Signals. I was paying 495 a month in TRC. Jaycee, I hope you won’t increase your rate upon reading this review. I appreciate all your help.
Very informative and thank you for sharing.
Very informative and thank you for sharing.
- 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
