Know the Market Sentiment for SCC, DMC, MPI, SPNEC, and MER (3.28.2023)

I developed my Market Sentiment Index to know the consolidated sentiment of all brokers who traded the stock within a given period.

This is my proprietary tool. You will not find this in any stock broker’s platform.

My Market Sentiment Index indicator answers the following questions to generate a bullish or bearish overall sentiment:
1. How many participating brokers registered a positive Net Amount?
2. How many participating brokers registered a higher buying than selling average?
3. What is the buying and selling averages of all participating brokers?
4. How many of the participating brokers registered a 100% buying and selling activity?

My Market Sentiment Index indicator acts as one of the neutralizers of my data-driven sentiment.

Why did I say neutralizer?

Let’s say the other indicators of my Evergreen Strategy (my proprietary algorithm when trading and investing in the Philippine stock market) are all bullish.

If the Market Sentiment Index of the stock I’m checking is bearish, it’s a data-driven reminder for me to err on the side of caution.

How do I err on the side of caution?

It’s by closely monitoring my trailing stop.

It’s by not buying the dips when there’s no confirmed buy signal issued by my Evergreen Strategy.

It’s by trimming my losses or selling all shares at once when the Market Sentiment Index and Dominant Range Index of my stock have been bearish for 2 to 3 consecutive days even if my trailing stop is still intact (I call that pre-empting my trailing stop).

So, in this free report, I’d like to share with you the Market Sentiment Index for SCC, DMC, MPI, SPNEC, and MER as of March 28, 2023.

Semirara Mining and Power Corporation

Market Sentiment Index: BULLISH
39 of the 70 participating brokers, or 55.71% of all participants, registered a positive Net Amount
35 of the 70 participating brokers, or 50.00% of all participants, registered a higher Buying Average than Selling Average
70 Participating Brokers’ Buying Average: ₱32.71072
70 Participating Brokers’ Selling Average: ₱32.75992
20 out of 70 participants, or 28.57% of all participants, registered a 100% BUYING activity
19 out of 70 participants, or 27.14% of all participants, registered a 100% SELLING activity

DMCI Holdings

Market Sentiment Index: BEARISH
19 of the 47 participating brokers, or 40.43% of all participants, registered a positive Net Amount
19 of the 47 participating brokers, or 40.43% of all participants, registered a higher Buying Average than Selling Average
47 Participating Brokers’ Buying Average: ₱11.49544
47 Participating Brokers’ Selling Average: ₱11.50858
11 out of 47 participants, or 23.40% of all participants, registered a 100% BUYING activity
16 out of 47 participants, or 34.04% of all participants, registered a 100% SELLING activity

Metro Pacific Investments Corporation

Market Sentiment Index: BEARISH
25 of the 47 participating brokers, or 53.19% of all participants, registered a positive Net Amount
23 of the 47 participating brokers, or 48.94% of all participants, registered a higher Buying Average than Selling Average
47 Participating Brokers’ Buying Average: ₱3.77061
47 Participating Brokers’ Selling Average: ₱3.77495
15 out of 47 participants, or 31.91% of all participants, registered a 100% BUYING activity
12 out of 47 participants, or 25.53% of all participants, registered a 100% SELLING activity

SP New Energy Corporation

Market Sentiment Index: BEARISH
17 of the 51 participating brokers, or 33.33% of all participants, registered a positive Net Amount
20 of the 51 participating brokers, or 39.22% of all participants, registered a higher Buying Average than Selling Average
51 Participating Brokers’ Buying Average: ₱1.66358
51 Participating Brokers’ Selling Average: ₱1.66933
5 out of 51 participants, or 9.80% of all participants, registered a 100% BUYING activity
11 out of 51 participants, or 21.57% of all participants, registered a 100% SELLING activity

Manila Electric Company

Market Sentiment Index: BEARISH
12 of the 40 participating brokers, or 30.00% of all participants, registered a positive Net Amount
12 of the 40 participating brokers, or 30.00% of all participants, registered a higher Buying Average than Selling Average
40 Participating Brokers’ Buying Average: ₱302.00092
40 Participating Brokers’ Selling Average: ₱303.67860
7 out of 40 participants, or 17.50% of all participants, registered a 100% BUYING activity
17 out of 40 participants, or 42.50% of all participants, registered a 100% SELLING activity

Hire Me as Your Private Consultant

Here’s what you’ll get if you hire me as your private consultant when trading and investing in the Philippine stock market:

one-on-one online training with me on how you can preserve your capital, protect your gains, and prevent unbearable losses when trading and investing in the Philippine stock market
10 credits for you to email me your stock analysis requests

Contact me now.

Author
Recent Posts

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.

Latest posts by Jaycee De Guzman (see all)