Metro Retail Stores Group, Inc. Analysis: May 22, 2020

Metro Retail Stores Group, Inc. (PSE:MRSGI) closed at ₱1.61 per share as of 01:00 PM GMT+8 on May 22, 2020. It went down by 2.42 percent.

The Total Turnover Value was ₱5,058,430.00. The local traders were the main drivers of Metro Retail Stores Group, Inc. today.

Foreign investors are net sellers today with a Net Foreign Selling worth ₱1,592,820.00. Foreign fundies are net sellers year-to-date.

The immediate support is near ₱1.35, while the immediate resistance is near ₱1.95.

Our 10SMACD combo is bearish.

MRSGI’s risk level is low due to its historical volatility score of 43.6 percent.

Trade-Volume Distribution

Last Price: ₱ 1.61
VWAP: ₱1.60636
Dominant Range: ₱1.60 – ₱1.61

The Momentum Power Indicator of Metro Retail Stores Group, Inc. is bearish.

True Market Sentiment

True Market Sentiment on MRSGI as of May-22-2020 at 1:00PM with a last price of ₱1.61
True Market Sentiment: NEUTRAL
7 of the top 10 brokers registered a positive Net Amount
4 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱1.6054
Top 10 Players’ Selling Average: ₱1.6202
Bonus Info:
7 out of 17 participants or 41.18% of all participants registered a 100% BUYING activity
2 out of 17 participants or 11.76% of all participants registered a 100% SELLING activity

Recommendations

Do you have Metro Retail Stores Group, Inc. in your portfolio already?

There’s no buy signal confirmation for MRSGI 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 Metro Retail Stores Group, Inc. yet but are you planning to do a test-buy?

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

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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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