Ginebra San Miguel Inc. Analysis: June 11, 2020

Ginebra San Miguel Inc. (PSE:GSMI) closed at ₱36.00 per share as of 01:00 PM GMT+8 on June 11, 2020. It went down by 2.17 percent.

The Total Turnover Value was ₱1,308,190.00. The local traders were the main drivers of Ginebra San Miguel Inc. today.

Foreign investors are net buyers today with a Net Foreign Buying worth ₱442,350.00. Foreign fundies are net buyers year-to-date.

The immediate support is near ₱33.50, while the immediate resistance is near ₱36.60.

Our 10SMACD combo is bullish.

GSMI’s risk level is moderate due to its historical volatility score of 50.95 percent.

Trade-Volume Distribution

Last Price: ₱ 36.00
VWAP: ₱36.03829
Dominant Range: ₱36.00 – ₱36.00

The Momentum Power Indicator of Ginebra San Miguel Inc. is bearish.

True Market Sentiment

True Market Sentiment on GSMI as of Jun-11-2020 at 01:00PM with a last price of ₱36.00
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: ₱35.8737
Top 10 Players’ Selling Average: ₱36.0449
Bonus Info:
4 out of 15 participants or 26.67% of all participants registered a 100% BUYING activity
7 out of 15 participants or 46.67% of all participants registered a 100% SELLING activity

Recommendations

Do you have Ginebra San Miguel Inc. in your portfolio already?

There’s no buy signal confirmation for GSMI 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 Ginebra San Miguel Inc. yet but are you planning to do a test-buy?

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

Please use a trailing stop instead of a fixed stop loss. No matter how bullish or bearish the data-driven forecast is, the price may still move to the opposite direction. Preserve your capital, protect your gains, and prevent unbearable losses with the use of a trailing stop. You may use our trailing stop calculator from our stock market library.

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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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