MWC Technical Analysis
In this technical analysis for Manila Water Company (MWC), I’ll show you the status of the six (6) indicators I monitor to know if the stock has a confirmed buy signal. If all six indicators are bullish, it means the stock has a confirmed buy signal according to my proprietary methodology.
I don’t follow the classical usage of technical indicators. I have my proprietary methodology in using certain technical indicators, which I call The Evergreen Strategy 2.0.
Getting a confirmed buy signal does not mean buying the stock right away. I must compute for my initial trailing stop and reward-to-risk ratio first.
The computation of my reward-to-risk ratio follows after computing for my initial trailing stop. I need to decide for the percentage of risk I’m willing to apply in that particular trade. This process must be done sequentially. To compute my reward-to-risk ratio, I need to identify the stock’s resistance.
For your convenience, I created the Trailing Stop Calculator and Reward-to-Risk Ratio Calculator, which you’ll find in the Calculators tab of the Library section of our website.
This MWC technical analysis gives you a sneak preview of my thought process in making a data-driven trade and investment decision. Subscribe to our stock market consultancy service to learn my entire methodology.
Let’s take a look at the ratings of the six indicators.
Price vs. 10-day Simple Moving Average (SMA)
Parameter 1: Is its last price moving above its 10-day simple moving average (SMA)?
Answer: YES
Volume
Parameter 3: Is its last volume bar higher than 50 percent of its 10-day volume average?
Answer: YES
Moving Average Convergence Divergence (MACD) vs. Signal Line
Parameter 2: Is its moving average convergence divergence (MACD) moving above its signal line?
Answer: YES
Volume-Weighted Average Price (VWAP)
Parameter 4: Is its last price equal or higher than its volume-weighted average price?
Answer: YES
Dominant Range Index (DRI
Parameter 5: Is its Dominant Range Index bullish?
Answer: YES
Dominant Range Index: BULLISH
Last Price: 22.05
VWAP: 21.63
Dominant Range: 21.6 – 21.6
Market Sentiment Index (MSI)
Parameter 6: Is its Market Sentiment Index bullish?
Answer: NO
Market Sentiment Index: BEARISH
17 of the 60 participating brokers, or 28.33% of all participants, registered a positive Net Amount
18 of the 59 participating brokers, or 30.51% of all participants, registered a higher Buying Average than Selling Average
60 Participating Brokers’ Buying Average: ₱21.58914
60 Participating Brokers’ Selling Average: ₱21.70215
8 out of 60 participants, or 13.33% of all participants, registered a 100% BUYING activity
23 out of 60 participants, or 38.33% of all participants, registered a 100% SELLING activity
Verdict: MWC Technical Analysis
There is NO confirmed buy signal because not all six indicators are bullish. This doesn’t mean you should sell if you already have some shares of this stock. Refer to the fourth lesson of our Evergreen Strategy 2.0 for a refresher on what you should do.
Learn How to Invest INDEPENDENTLY and Trade TACTICALLY in the Philippine Stock Market
Let me mentor you through our stock market consultancy service. Learn my Evergreen Strategy in Trading and Investing in the Philippine Stock Market 2.0.
Click here to read the details of our stock market consultancy service.
Here’s what our clients say about us.
the explanation was quite understandable for newbies who are in the process of learning how to trade
I think the explanation was quite understandable for newbies who are in the process of learning how to trade. The usual mention of technical terms and jargons can be useful on what newbies have to study about.
precise and on point
precise and on point
He has good analysis posted on his page.
He has good analysis posted on his page. I love it. something I agree sometimes i speculate.
I think Mr. Jaycee is very generous
I think Mr. Jaycee is very generous
he is very different because he offers a different way of approach
Mr. Jaycee is the most leading person in stock market in Ph. I saw a lot of people but he is very different because he offers a different way of approach
Amazing discussion and judgement
Amazing discussion and judgement
Unique, understandable, strategic, forward looking
Unique, understandable, strategic, forward looking
His analyses are well-thought and well-researched.
His analyses are well-thought and well-researched. This is why his opinions on stocks are worth considering for either trading or investing.
very insightful, and gives so much value
very insightful, and gives so much value. thank you
my vehicle in learning a strategy
As a newbie, I see a potential for making Equilyst Analytics my vehicle in learning a strategy in trading and investing in the stock market.
- MA, BDO, ALI, URC, PX: Is Their Dominant Range Pointing to a Breakout? - March 14, 2025
- Tracking Market Sentiment: MTD Ratings for 30 Bluechip Stocks (March 2025) - March 13, 2025
- PSEi Stalls Below 6,260 as Market Awaits Political Shift - March 12, 2025
