Semirara Mining and Power Corporation Analysis: Does SCC Have a Buy Signal?

Semirara Mining and Power Corporation (PSE:SCC) closed at ₱12.10 per share as of 01:00 PM GMT+8 on April 30, 2020. The last price remains unchanged from the previous trading day’s closing price.

The Total Turnover Value was ₱16,570,168.00. The local traders were the main drivers of Semirara Mining and Power Corporation today.

Foreign investors are net buyers today with a Net Foreign Buying worth ₱4,534,228.00. Foreign fundies are net buyers year-to-date. Their day-to-day Net Foreign is relatively significant.

The immediate support is near ₱8.60, while the immediate resistance is near ₱13.40.

Our 10SMACD combo is bearish.

SCC’s risk level is moderate due to its historical volatility score of 58.46 percent.

Trade-Volume Distribution

Last Price: ₱ 12.10
VWAP: ₱12.1331
Dominant Range: ₱12.10 – ₱12.16

The Momentum Power Indicator of Semirara Mining and Power Corporation is bearish.

True Market Sentiment

True Market Sentiment on SCC as of Apr-30-2020 at 1:00PM with a last price of ₱12.10
True Market Sentiment: BEARISH
5 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: ₱12.1352
Top 10 Players’ Selling Average: ₱12.1497
Bonus Info:
13 out of 27 participants or 48.15% of all participants registered a 100% BUYING activity
8 out of 27 participants or 29.63% of all participants registered a 100% SELLING activity

Recommendations

Do you have Semirara Mining and Power Corporation in your portfolio already?

There’s no buy signal confirmation for SCC 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 Semirara Mining and Power Corporation yet but are you planning to do a test-buy?

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

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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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