Market Sentiment (Sep 1-7): DITO, SMC, ACEN, ABA, BPI

Month-to-Date Market Sentiment Rating for the Stocks with the Most Viewed Disclosures

This is based on the Most Viewed Disclosures section of PSE Edge as 7 AM GMT+8 on September 8, 2023.

The market sentiment also 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.

These are only few of the many scenarios where the overall market sentiment rating can be helpful in making a data-driven investment decision.

DITO

Market Sentiment Index: BEARISH
15 of the 33 participating brokers, or 45.45% of all participants, registered a positive Net Amount
14 of the 33 participating brokers, or 42.42% of all participants, registered a higher Buying Average than Selling Average
33 Participating Brokers’ Buying Average: ₱2.19305
33 Participating Brokers’ Selling Average: ₱2.19744
9 out of 33 participants, or 27.27% of all participants, registered a 100% BUYING activity
12 out of 33 participants, or 36.36% of all participants, registered a 100% SELLING activity

SMC

Market Sentiment Index: BEARISH
15 of the 47 participating brokers, or 31.91% of all participants, registered a positive Net Amount
16 of the 47 participating brokers, or 34.04% of all participants, registered a higher Buying Average than Selling Average
47 Participating Brokers’ Buying Average: ₱104.93029
47 Participating Brokers’ Selling Average: ₱105.04159
9 out of 47 participants, or 19.15% of all participants, registered a 100% BUYING activity
20 out of 47 participants, or 42.55% of all participants, registered a 100% SELLING activity

ACEN

Market Sentiment Index: BULLISH
60 of the 81 participating brokers, or 74.07% of all participants, registered a positive Net Amount
52 of the 81 participating brokers, or 64.20% of all participants, registered a higher Buying Average than Selling Average
81 Participating Brokers’ Buying Average: ₱5.02862
81 Participating Brokers’ Selling Average: ₱5.04156
31 out of 81 participants, or 38.27% of all participants, registered a 100% BUYING activity
4 out of 81 participants, or 4.94% of all participants, registered a 100% SELLING activity

ABA

Market Sentiment Index: BULLISH
37 of the 66 participating brokers, or 56.06% of all participants, registered a positive Net Amount
37 of the 66 participating brokers, or 56.06% of all participants, registered a higher Buying Average than Selling Average
66 Participating Brokers’ Buying Average: ₱1.27991
66 Participating Brokers’ Selling Average: ₱1.27972
10 out of 66 participants, or 15.15% of all participants, registered a 100% BUYING activity
4 out of 66 participants, or 6.06% of all participants, registered a 100% SELLING activity

BPI

Market Sentiment Index: BULLISH
45 of the 63 participating brokers, or 71.43% of all participants, registered a positive Net Amount
34 of the 63 participating brokers, or 53.97% of all participants, registered a higher Buying Average than Selling Average
63 Participating Brokers’ Buying Average: ₱105.32902
63 Participating Brokers’ Selling Average: ₱105.61021
17 out of 63 participants, or 26.98% of all participants, registered a 100% BUYING activity
3 out of 63 participants, or 4.76% of all participants, registered a 100% SELLING activity

Which of These Stocks Do You Monitor?

If any of these stocks are already in your portfolio and you’re planning to top up, will you proceed in topping up even if it has a bearish month-to-date market sentiment?

Let me know in the comments.

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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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