Puregold Price Club Analysis: Sell PGOLD Near ₱41.30?

Puregold Price Club, Inc. (PSE:PGOLD) closed at ₱41.40 per share as of 03:30 PM GMT+8 on April 8, 2020. It went up by 2.99 percent.

The Total Turnover Value was ₱188,025,275.00. The foreign traders were the main drivers of Puregold Price Club, Inc. today.

Foreign investors are net buyers today with a Net Foreign Buying worth ₱28,304,750.00. Foreign fundies are net sellers year-to-date, but their day-to-day Net Foreign is relatively small.

The immediate support is near ₱41.30, while the immediate resistance is near ₱46.50.

Our 10SMACD combo is bullish.

PGOLD’s risk level is extremely high due to its historical volatility score of 112.01 percent.

Trade-Volume Distribution

Last Price: ₱ 41.40
VWAP: ₱41.05355
Dominant Range: ₱41.00 – ₱41.40

The Momentum Power Indicator of Puregold Price Club, Inc. is bullish.

True Market Sentiment

True Market Sentiment on PGOLD as of Apr-08-2020 at 03:30PM with a last price of ₱41.40
True Market Sentiment: NEUTRAL
5 of the top 10 brokers registered a positive Net Amount
5 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱41.0632
Top 10 Players’ Selling Average: ₱41.0353
Bonus Info:
7 out of 36 participants or 19.44% of all participants registered a 100% BUYING activity
7 out of 36 participants or 19.44% of all participants registered a 100% SELLING activity

Recommendations

Do you have Puregold Price Club, Inc. in your portfolio already?

You may top up since the 10SMACD and the Momentum Power Indicator of PGOLD are both bullish. Please remember to do a manual upward adjustment on your trailing stop every time PGOLD registers a higher prevailing price.

You don’t have Puregold Price Club, Inc. yet but are you planning to do a test-buy?

There is a buy signal confirmation for PGOLD already, but make sure that you calculate your reward-to-risk ratio first. If you’re satisfied with your reward-to-risk ratio, that’s when you should position within the dominant range. Don’t buy at any random price under the ASK column. Remember to do an upward adjustment on your trailing stop when the stock registers a higher price.

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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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