Swift Foods, Inc. Analysis: June 11, 2020

Swift Foods, Inc. (PSE:SFI) closed at ₱0.107 per share as of 01:00 PM GMT+8 on June 11, 2020. It went down by 6.96 percent.

The Total Turnover Value was ₱10,700.00. The local traders were the main drivers of Swift Foods, Inc. today.

The immediate support is near ₱0.10, while the immediate resistance is near ₱0.117.

Our 10SMACD combo is bearish.

SFI’s risk level is high due to its historical volatility score of 85.48 percent.

Trade-Volume Distribution

Last Price: ₱ 0.107
VWAP: ₱0.107
Dominant Range: ₱0.107 – ₱0.107

The Momentum Power Indicator of Swift Foods, Inc. is bearish.

True Market Sentiment

True Market Sentiment on SFI as of Jun-11-2020 at 01:00PM with a last price of ₱0.107
True Market Sentiment: BEARISH
0 of the top 10 brokers registered a positive Net Amount
0 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱0.1070
Top 10 Players’ Selling Average: ₱0.1070
Bonus Info:
0 out of 1 participants or 0.00% of all participants registered a 100% BUYING activity
0 out of 1 participants or 0.00% of all participants registered a 100% SELLING activity

Recommendations

Do you have Swift Foods, Inc. in your portfolio already?

There’s no buy signal confirmation for SFI 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 Swift Foods, Inc. yet but are you planning to do a test-buy?

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

Please use a trailing stop instead of a fixed stop loss. No matter how bullish or bearish the data-driven forecast is, the price may still move to the opposite direction. Preserve your capital, protect your gains, and prevent unbearable losses with the use of a trailing stop. You may use our trailing stop calculator from our stock market library.

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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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