How and Why Do I Do Market Sentiment Analysis
Introducing my proprietary tool, the Market Sentiment Index, designed to gauge the consolidated sentiment of all brokers involved in trading a particular stock during a specified timeframe. Unlike what is available on standard stock broker platforms, this unique indicator is an exclusive creation of Equilyst Analytics.
The Market Sentiment Index plays a vital role in generating a comprehensive understanding of market sentiment, enabling us to determine whether the overall sentiment leans towards bullish or bearish. To accomplish this, it addresses the following key questions:
- How many participating brokers have recorded a positive Net Amount?
- How many participating brokers have registered a higher buying average compared to the selling average?
- What are the average buying and selling amounts across all participating brokers?
- How many participating brokers have engaged in 100% buying and selling activity?
As part of my data-driven sentiment analysis, the Market Sentiment Index acts as a neutralizer alongside other indicators within my Evergreen Strategy, which is a proprietary algorithm used for trading and investing in the Philippine stock market.
Consider a scenario where all the other indicators of my Evergreen Strategy indicate a bullish market outlook. However, if the Market Sentiment Index for a particular stock indicates a bearish sentiment, it serves as a data-driven reminder to exercise caution.
To proceed with caution, I closely monitor my trailing stop and refrain from purchasing during dips unless a confirmed buy signal is generated by my Evergreen Strategy. Additionally, I adopt a proactive approach by trimming losses or selling all shares if the Market Sentiment Index and Dominant Range Index of a stock have consecutively exhibited bearish trends for 2 to 3 days, even if my trailing stop is still intact. I refer to this proactive action as pre-empting my trailing stop, prioritizing risk management in response to prevailing market conditions.
In this complimentary report, it is my pleasure to present the Market Sentiment Index for the following stocks, accompanied by their corresponding date and time stamps as depicted on their charts. I invite you to delve into this insightful information and leverage it to enhance your understanding of the market dynamics surrounding these stocks.
Prime Media Holdings (PRIM)
Market Sentiment Index: BEARISH
15 of the 37 participating brokers, or 40.54% of all participants, registered a positive Net Amount
13 of the 37 participating brokers, or 35.14% of all participants, registered a higher Buying Average than Selling Average
37 Participating Brokers’ Buying Average: ₱2.21368
37 Participating Brokers’ Selling Average: ₱2.26042
8 out of 37 participants, or 21.62% of all participants, registered a 100% BUYING activity
15 out of 37 participants, or 40.54% of all participants, registered a 100% SELLING activity
Top Frontier Investment Holdings (TFHI)
Market Sentiment Index: BEARISH
6 of the 14 participating brokers, or 42.86% of all participants, registered a positive Net Amount
5 of the 14 participating brokers, or 35.71% of all participants, registered a higher Buying Average than Selling Average
14 Participating Brokers’ Buying Average: ₱104.86587
14 Participating Brokers’ Selling Average: ₱105.34755
4 out of 14 participants, or 28.57% of all participants, registered a 100% BUYING activity
7 out of 14 participants, or 50.00% of all participants, registered a 100% SELLING activity
Centro Escolar University (CEU)
Market Sentiment Index: BULLISH
4 of the 8 participating brokers, or 50.00% of all participants, registered a positive Net Amount
5 of the 8 participating brokers, or 62.50% of all participants, registered a higher Buying Average than Selling Average
8 Participating Brokers’ Buying Average: ₱7.27704
8 Participating Brokers’ Selling Average: ₱7.24886
3 out of 8 participants, or 37.50% of all participants, registered a 100% BUYING activity
3 out of 8 participants, or 37.50% of all participants, registered a 100% SELLING activity
Cebu Air (CEB)
Market Sentiment Index: BEARISH
3 of the 13 participating brokers, or 23.08% of all participants, registered a positive Net Amount
3 of the 13 participating brokers, or 23.08% of all participants, registered a higher Buying Average than Selling Average
13 Participating Brokers’ Buying Average: ₱41.16783
13 Participating Brokers’ Selling Average: ₱41.38222
2 out of 13 participants, or 15.38% of all participants, registered a 100% BUYING activity
5 out of 13 participants, or 38.46% of all participants, registered a 100% SELLING activity
PhilWeb Corporation (WEB)
Market Sentiment Index: BEARISH
12 of the 30 participating brokers, or 40.00% of all participants, registered a positive Net Amount
11 of the 30 participating brokers, or 36.67% of all participants, registered a higher Buying Average than Selling Average
30 Participating Brokers’ Buying Average: ₱2.13053
30 Participating Brokers’ Selling Average: ₱2.13152
6 out of 30 participants, or 20.00% of all participants, registered a 100% BUYING activity
11 out of 30 participants, or 36.67% of all participants, registered a 100% SELLING activity
Need Help?
If you are in need of further assistance and a more profound comprehension of my Market Sentiment Index, alongside the comprehensive principles encapsulated within my Evergreen Strategy When Trading and Investing in the Philippine Stock Market, I invite you to explore my stock market consultancy service. Through a personalized 1-on-1 online workshop, I will provide invaluable insights into capital preservation, gain protection, and effective loss prevention techniques. Choose from our range of three comprehensive packages, tailored to suit your specific needs. To discover more about these packages and to schedule a session, please do not hesitate to contact me. Click here to view the available packages.
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