SM Investments Corporation Analysis: May 20, 2020

SM Investments Corporation (PSE:SM) closed at ₱820.00 per share as of 01:00 PM GMT+8 on May 20, 2020. It went up by 1.23 percent.

The Total Turnover Value was ₱92,566,260.00. The foreign traders were the main drivers of SM Investments Corporation today.

Foreign investors are net buyers today with a Net Foreign Buying worth ₱20,578,745.00. Foreign fundies are net sellers year-to-date.

The immediate support is near ₱720.00, while the immediate resistance is near ₱874.00.

Our 10SMACD combo is bullish.

SM’s risk level is low due to its historical volatility score of 25.46 percent.

Trade-Volume Distribution

Last Price: ₱ 820.00
VWAP: ₱810.98879
Dominant Range: ₱820.00 – ₱820.00

The Momentum Power Indicator of SM Investments Corporation is bearish.

True Market Sentiment

True Market Sentiment on SM as of May-20-2020 at 1:00PM with a last price of ₱820.00
True Market Sentiment: BEARISH
4 of the top 10 brokers registered a positive Net Amount
2 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱811.2080
Top 10 Players’ Selling Average: ₱809.6881
Bonus Info:
5 out of 34 participants or 14.71% of all participants registered a 100% BUYING activity
14 out of 34 participants or 41.18% of all participants registered a 100% SELLING activity

Recommendations

Do you have SM Investments Corporation in your portfolio already?

There’s no buy signal confirmation for SM yet. Even though the last volume bar is green, today’s volume is less than the 50 percent of the stock’s 10-day volume average. You may want to reduce the percentage of risk on your trailing stop, at least.

You don’t have SM Investments Corporation yet but are you planning to do a test-buy?

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

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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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