I’m sharing with you the month-to-date Market Sentiment Index rating for AC, ACEN, AEV, AGI, and ALI as of March 12, 2024.
The Market Sentiment Index indicator discussed in this report is my proprietary creation, and I am the sole authority on its methodology for determining bearish and bullish ratings, as well as the specific criteria it considers.
The market sentiment helps me estimate if the prevailing direction of the share price is likely to continue or reverse.
For example, if the stock is in a downtrend and the prevailing market sentiment is bearish, it means the downtrend is likely to continue.
If the stock is in a downtrend, but the market sentiment turns bullish, it’s a sign that investors might see a bullish reversal.
Again, and again, notice the adverbs I’m using – “likely” and “might”. We’re still talking about probabilities and not certainties.
Still, it’s better to be data-driven and be proven wrong by the market than make decisions based on gut feeling alone. The former gives you the opportunity to optimize something while the latter doesn’t.
This brief explanation of what and how my Market Sentiment Index works cannot paint the entire picture. You can only appreciate it fully if you understand the principles behind it. If your portfolio’s size is more than P1 million, you may consider enrolling yourself to my online one-on-one masterclass. For four straight hours, I’ll teach you my entire stock investment strategy so you’ll know how I preserve my capital, protect gains, and prevent unbearable losses.
If you want to access my members-only stock analysis, register here.
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AC
Market Sentiment Index: BEARISH
57 of the 84 participating brokers, or 67.86% of all participants, registered a positive Net Amount
39 of the 84 participating brokers, or 46.43% of all participants, registered a higher Buying Average than Selling Average
84 Participating Brokers’ Buying Average: ₱677.46204
84 Participating Brokers’ Selling Average: ₱683.49579
20 out of 84 participants, or 23.81% of all participants, registered a 100% BUYING activity
6 out of 84 participants, or 7.14% of all participants, registered a 100% SELLING activity
ACEN
Market Sentiment Index: BEARISH
56 of the 88 participating brokers, or 63.64% of all participants, registered a positive Net Amount
42 of the 88 participating brokers, or 47.73% of all participants, registered a higher Buying Average than Selling Average
88 Participating Brokers’ Buying Average: ₱4.02789
88 Participating Brokers’ Selling Average: ₱4.06182
22 out of 88 participants, or 25.00% of all participants, registered a 100% BUYING activity
7 out of 88 participants, or 7.95% of all participants, registered a 100% SELLING activity
AEV
Market Sentiment Index: BULLISH
34 of the 56 participating brokers, or 60.71% of all participants, registered a positive Net Amount
36 of the 56 participating brokers, or 64.29% of all participants, registered a higher Buying Average than Selling Average
56 Participating Brokers’ Buying Average: ₱49.66919
56 Participating Brokers’ Selling Average: ₱49.51572
12 out of 56 participants, or 21.43% of all participants, registered a 100% BUYING activity
6 out of 56 participants, or 10.71% of all participants, registered a 100% SELLING activity
AGI
Market Sentiment Index: BULLISH
45 of the 58 participating brokers, or 77.59% of all participants, registered a positive Net Amount
31 of the 58 participating brokers, or 53.45% of all participants, registered a higher Buying Average than Selling Average
58 Participating Brokers’ Buying Average: ₱10.05679
58 Participating Brokers’ Selling Average: ₱10.11297
18 out of 58 participants, or 31.03% of all participants, registered a 100% BUYING activity
3 out of 58 participants, or 5.17% of all participants, registered a 100% SELLING activity
ALI
Market Sentiment Index: BEARISH
66 of the 90 participating brokers, or 73.33% of all participants, registered a positive Net Amount
45 of the 90 participating brokers, or 50.00% of all participants, registered a higher Buying Average than Selling Average
90 Participating Brokers’ Buying Average: ₱33.36172
90 Participating Brokers’ Selling Average: ₱33.81371
18 out of 90 participants, or 20.00% of all participants, registered a 100% BUYING activity
6 out of 90 participants, or 6.67% of all participants, registered a 100% SELLING activity
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