GT Capital Non-Voting Perpetual Pref "B" Analysis: June 11, 2020

GT Capital Non-Voting Perpetual Pref “B” (PSE:GTPPB) closed at ₱1,010.00 per share as of 01:00 PM GMT+8 on June 11, 2020. It went down by 0.4926 percent.

The Total Turnover Value was ₱656,600.00. The local traders were the main drivers of GT Capital Non-Voting Perpetual Pref “B” today.

The immediate support is near ₱1,004.00, while the immediate resistance is near ₱1,019.00.

Our 10SMACD combo is bullish.

GTPPB’s risk level is low due to its historical volatility score of 16.24 percent.

Trade-Volume Distribution

Last Price: ₱ 1010.00
VWAP: ₱1010.15385
Dominant Range: ₱1010.00 – ₱1010.00

The Momentum Power Indicator of GT Capital Non-Voting Perpetual Pref “B” is bearish.

True Market Sentiment

True Market Sentiment on GTPPB as of Jun-11-2020 at 01:00PM with a last price of ₱1010.00
True Market Sentiment: BEARISH
2 of the top 10 brokers registered a positive Net Amount
2 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱1011.0000
Top 10 Players’ Selling Average: ₱1010.3334
Bonus Info:
2 out of 4 participants or 50.00% of all participants registered a 100% BUYING activity
2 out of 4 participants or 50.00% of all participants registered a 100% SELLING activity

Recommendations

Do you have GT Capital Non-Voting Perpetual Pref “B” in your portfolio already?

There’s no buy signal confirmation for GTPPB 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 GT Capital Non-Voting Perpetual Pref “B” yet but are you planning to do a test-buy?

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

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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