Oriental Pet. and Minerals Corp. "B" Analysis: June 15, 2020

Oriental Pet. and Minerals Corp. “B” (PSE:OPMB) closed at ₱0.0085 per share as of 01:00 PM GMT+8 on June 15, 2020. It went down by 3.41 percent.

The Total Turnover Value was ₱116,500.00. The local traders were the main drivers of Oriental Pet. and Minerals Corp. “B” today.

The immediate support is near ₱0.008, while the immediate resistance is near ₱0.01.

Our 10SMACD combo is bearish.

OPMB’s risk level is low due to its historical volatility score of 46.11 percent.

Trade-Volume Distribution

Last Price: ₱ 0.0085
VWAP: ₱0.00896
Dominant Range: ₱0.0085 – ₱0.0095

The Momentum Power Indicator of Oriental Pet. and Minerals Corp. “B” is bearish.

True Market Sentiment

True Market Sentiment on OPMB as of Jun-15-2020 at 01:00PM with a last price of ₱0.0085
True Market Sentiment: BEARISH
1 of the top 10 brokers registered a positive Net Amount
1 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱0.0088
Top 10 Players’ Selling Average: ₱0.0088
Bonus Info:
1 out of 3 participants or 33.33% of all participants registered a 100% BUYING activity
1 out of 3 participants or 33.33% of all participants registered a 100% SELLING activity

Recommendations

Do you have Oriental Pet. and Minerals Corp. “B” in your portfolio already?

There’s no buy signal confirmation for OPMB 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 Oriental Pet. and Minerals Corp. “B” yet but are you planning to do a test-buy?

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

Please use a trailing stop instead of a fixed stop loss. No matter how bullish or bearish the data-driven forecast is, the price may still move to the opposite direction. Preserve your capital, protect your gains, and prevent unbearable losses with the use of a trailing stop. You may use our trailing stop calculator from our stock market library.

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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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