Int'l Container Terminal Services Analysis: Buy ICT on Breakout at ₱77?

Int’l Container Terminal Services, Inc. (PSE:ICT) closed at ₱75.00 per share as of 03:30 PM GMT+8 on April 7, 2020. It went up by 1.35 percent.

The Total Turnover Value was ₱155,774,950.00. The local traders were the main drivers of Int’l Container Terminal Services, Inc. today.

Foreign investors are net buyers today with a Net Foreign Buying worth ₱25,986,578.00. Foreign fundies are net buyers year-to-date, but their day-to-day Net Foreign is relatively small.

The immediate support is near ₱67.50, while the immediate resistance is near ₱77.00.

Our 10SMACD combo is bullish.

ICT’s risk level is high due to its historical volatility score of 73.93 percent.

Trade-Volume Distribution

Last Price: ₱ 75.00
VWAP: ₱75.50968
Dominant Range: ₱75.00 – ₱75.00

The Momentum Power Indicator of Int’l Container Terminal Services, Inc. is bearish.

True Market Sentiment

True Market Sentiment on ICT as of Apr-07-2020 at 03:30PM with a last price of ₱75.00
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: ₱75.5619
Top 10 Players’ Selling Average: ₱75.2660
Bonus Info:
15 out of 57 participants or 26.32% of all participants registered a 100% BUYING activity
13 out of 57 participants or 22.81% of all participants registered a 100% SELLING activity

Recommendations

Do you have Int’l Container Terminal Services, Inc. in your portfolio already?

There’s no buy signal confirmation for ICT 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 Int’l Container Terminal Services, Inc. yet but are you planning to do a test-buy?

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

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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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