Market Sentiment: Only 5 Property Stocks Above 200SMA

Out of 18 property stocks, only five of them currently exhibit bullish trends above their respective 200-day simple moving averages.

By classical interpretation, it is believed that a stock is bullish in the long-term if its last price trades above its 200-day simple moving average (SMA).

In this report, I will not only reveal the names of these five property stocks but also provide their month-to-date market sentiment data from September 1, 2023, to September 12, 2023.

Please note that the Market Sentiment Index indicator discussed in this report is my proprietary creation, and I am the sole authority on its methodology for determining bearish and bullish ratings, as well as the specific parameters it considers.

I have extensively explained my use of the Market Sentiment Index in decision-making in numerous articles on this website. You can easily access them by using the SEARCH box in the ANALYSES section and searching for “market sentiment.”

If you prefer a more tailored approach, you can take advantage of my stock investment consultancy service.

It’s important to clarify that this article about property stocks is for informational purposes only, and I am not providing stock recommendations. I employ a proprietary methodology to identify confirmed buy signals, which I can further discuss if you are interested in gaining independent investment insights through my stock investment consultancy service.

Robinsons Land Corporation (RLC)

Last Price: P14.98
Distance of the Last Price Above the 200-day SMA: 0.47%

Market Sentiment Index: BEARISH
14 of the 53 participating brokers, or 26.42% of all participants, registered a positive Net Amount
16 of the 53 participating brokers, or 30.19% of all participants, registered a higher Buying Average than Selling Average
53 Participating Brokers’ Buying Average: ₱14.96663
53 Participating Brokers’ Selling Average: ₱15.01713
4 out of 53 participants, or 7.55% of all participants, registered a 100% BUYING activity
17 out of 53 participants, or 32.08% of all participants, registered a 100% SELLING activity

DoubleDragon Corporation (DD)

Last Price: P7.13
Distance of the Last Price Above the 200-day SMA: 0.71%

Market Sentiment Index: BEARISH
15 of the 24 participating brokers, or 62.50% of all participants, registered a positive Net Amount
12 of the 24 participating brokers, or 50.00% of all participants, registered a higher Buying Average than Selling Average
24 Participating Brokers’ Buying Average: ₱7.20911
24 Participating Brokers’ Selling Average: ₱7.20860
6 out of 24 participants, or 25.00% of all participants, registered a 100% BUYING activity
6 out of 24 participants, or 25.00% of all participants, registered a 100% SELLING activity

Ayala Land (ALI)

Last Price: P28.55
Distance of the Last Price Above the 200-day SMA: 2%

Market Sentiment Index: BEARISH
36 of the 81 participating brokers, or 44.44% of all participants, registered a positive Net Amount
31 of the 81 participating brokers, or 38.27% of all participants, registered a higher Buying Average than Selling Average
81 Participating Brokers’ Buying Average: ₱27.94766
81 Participating Brokers’ Selling Average: ₱28.28212
16 out of 81 participants, or 19.75% of all participants, registered a 100% BUYING activity
8 out of 81 participants, or 9.88% of all participants, registered a 100% SELLING activity

Citicore Energy REIT Corp. (CREIT)

Last Price: P2.56
Distance of the Last Price Above the 200-day SMA: 4%

Market Sentiment Index: BEARISH
19 of the 43 participating brokers, or 44.19% of all participants, registered a positive Net Amount
19 of the 43 participating brokers, or 44.19% of all participants, registered a higher Buying Average than Selling Average
43 Participating Brokers’ Buying Average: ₱2.59810
43 Participating Brokers’ Selling Average: ₱2.59237
11 out of 43 participants, or 25.58% of all participants, registered a 100% BUYING activity
17 out of 43 participants, or 39.53% of all participants, registered a 100% SELLING activity

Ever-Gotesco Resources and Holdings (EVER)

Last Price: P0.275
Distance of the Last Price Above the 200-day SMA: 9%

Market Sentiment Index: BEARISH
4 of the 22 participating brokers, or 18.18% of all participants, registered a positive Net Amount
4 of the 22 participating brokers, or 18.18% of all participants, registered a higher Buying Average than Selling Average
22 Participating Brokers’ Buying Average: ₱0.25911
22 Participating Brokers’ Selling Average: ₱0.26668
3 out of 22 participants, or 13.64% of all participants, registered a 100% BUYING activity
12 out of 22 participants, or 54.55% of all participants, registered a 100% SELLING activity

Which of These 5 Property Stocks Do You Already Have?

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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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