MTD Market Sentiment (3.12.2024): BDO, BLOOM, BPI, CNPF, CNVRG

I’m sharing with you the month-to-date Market Sentiment Index rating for BDO, BLOOM, BPI, CNPF, and CNVRG 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.

If you want to access my members-only stock screener, register here.

BDO

Market Sentiment Index: BEARISH
19 of the 80 participating brokers, or 23.75% of all participants, registered a positive Net Amount
17 of the 80 participating brokers, or 21.25% of all participants, registered a higher Buying Average than Selling Average
80 Participating Brokers’ Buying Average: ₱152.54871
80 Participating Brokers’ Selling Average: ₱153.84697
4 out of 80 participants, or 5.00% of all participants, registered a 100% BUYING activity
21 out of 80 participants, or 26.25% of all participants, registered a 100% SELLING activity

BLOOM

Market Sentiment Index: BEARISH
35 of the 68 participating brokers, or 51.47% of all participants, registered a positive Net Amount
33 of the 68 participating brokers, or 48.53% of all participants, registered a higher Buying Average than Selling Average
68 Participating Brokers’ Buying Average: ₱11.45719
68 Participating Brokers’ Selling Average: ₱11.46997
9 out of 68 participants, or 13.24% of all participants, registered a 100% BUYING activity
10 out of 68 participants, or 14.71% of all participants, registered a 100% SELLING activity

BPI

Market Sentiment Index: BEARISH
46 of the 75 participating brokers, or 61.33% of all participants, registered a positive Net Amount
34 of the 75 participating brokers, or 45.33% of all participants, registered a higher Buying Average than Selling Average
75 Participating Brokers’ Buying Average: ₱118.45392
75 Participating Brokers’ Selling Average: ₱119.00756
14 out of 75 participants, or 18.67% of all participants, registered a 100% BUYING activity
7 out of 75 participants, or 9.33% of all participants, registered a 100% SELLING activity

CNPF

Market Sentiment Index: BEARISH
17 of the 51 participating brokers, or 33.33% of all participants, registered a positive Net Amount
15 of the 51 participating brokers, or 29.41% of all participants, registered a higher Buying Average than Selling Average
51 Participating Brokers’ Buying Average: ₱35.11933
51 Participating Brokers’ Selling Average: ₱35.25661
0 out of 51 participants, or 0.00% of all participants, registered a 100% BUYING activity
7 out of 51 participants, or 13.73% of all participants, registered a 100% SELLING activity

CNVRG

Market Sentiment Index: BULLISH
59 of the 80 participating brokers, or 73.75% of all participants, registered a positive Net Amount
44 of the 80 participating brokers, or 55.00% of all participants, registered a higher Buying Average than Selling Average
80 Participating Brokers’ Buying Average: ₱8.82560
80 Participating Brokers’ Selling Average: ₱8.87407
18 out of 80 participants, or 22.50% of all participants, registered a 100% BUYING activity
7 out of 80 participants, or 8.75% of all participants, registered a 100% SELLING activity

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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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