East West Banking Corporation (PSE:EW) is priced at ₱12.1 per share as of 03:30 PM GMT+8 on December 19, 2019. It is down by 6.64 percent.
The Total Turnover Value is at ₱30,271,140.00. The local traders are the main drivers of EW today.
Foreign investors registered a Net Foreign Selling worth ₱72,722.00. They are net sellers year-to-date.
The immediate support is near ₱11.62, while the immediate resistance is near ₱12.64.
Our 10SMACD combo is bearish.
EW’s risk level is low due to its historical volatility score of 42.25 percent.
Trade-Volume Distribution Analysis
Last Price: ₱ 12.1
VWAP: ₱12.22336
Dominant Range: ₱12 – ₱12.1
The Momentum Power Indicator of EW is bearish because all 4 elements are bearish.
True Market Sentiment – EOD
True Market Sentiment on EW as of Dec-19-2019 at 03:30PM, with a last price of ₱12.10
True Market Sentiment: BULLISH
6 of the top 10 brokers registered a positive Net Amount
7 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱12.3208
Top 10 Players’ Selling Average: ₱12.4041
Bonus Info:
11 out of 27 participants or 40.74% of all participants registered a 100% BUYING activity
5 out of 27 participants or 18.52% of all participants registered a 100% SELLING activity
True Market Sentiment – WTD
True Market Sentiment on EW from Dec-16-2019 to Dec-19-2019 at 03:30PM, with a last price of ₱12.10
True Market Sentiment: NEUTRAL
5 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: ₱12.5067
Top 10 Players’ Selling Average: ₱12.6683
Bonus Info:
8 out of 42 participants or 19.05% of all participants registered a 100% BUYING activity
14 out of 42 participants or 33.33% of all participants registered a 100% SELLING activity
True Market Sentiment – MTD
True Market Sentiment on EW from Dec-02-2019 to Dec-19-2019 at 03:30PM, with a last price of ₱12.10
True Market Sentiment: NEUTRAL
6 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: ₱12.8246
Top 10 Players’ Selling Average: ₱12.7881
Bonus Info:
7 out of 65 participants or 10.77% of all participants registered a 100% BUYING activity
20 out of 65 participants or 30.77% of all participants registered a 100% SELLING activity
Recommendations
Do you have EW in your portfolio already?
We advise that you reduce the percentage of risk in your trailing stop. This is not the rightful moment for you to buy more shares. The descent in price is more than likely to continue.
You don’t have EW yet but are you planning to enter a new position?
Having no position on EW is a good position. Don’t buy yet until the 10SMACD and Momentum Power Indicator are both bullish.
Are you a subscriber of Equilyst Analytics? Ask for our latest analysis and recommendation in our Private Clients Forum whenever you see a significant change in price or volume.
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