I need to explain this to you if you’re new to this website. I developed a proprietary strategy for stock trading and investing exclusively for the clients of Equilyst Analytics. I’m the author of “The Evergreen Strategy in Trading and Investing in the Philippine Stock Market 2.0”. In this overhauled strategy, there are six technical parameters that must get a bullish rating for a stock to get a confirmed buy signal.
All subscribers of Equilyst Analytics get an exclusive access to the course manual I wrote for this proprietary strategy. I wrote a complete guide for newbies and experienced traders and investors on how to find stocks worthy to be in your watchlist, how to look for a confirmed buy signal, how to buy logically and strategically, and how to sell with calculated risks. I also included flowcharts and screenshots aside from the step-by-step instructions I wrote in layman’s terms. All you have to do is read with comprehension and ask in our online discussion board for clarification. The ultimate goal is for you to learn how to invest independently and trade tactically in the Philippine stock market.
In my write-up for today, June 28, 2021, I’d like to share with you if I found a confirmed buy signal for the following stocks:
- Cirtek Holdings Philippines Corporation (PSE:TECH)
- Megaworld Corporation (PSE:MEG)
- SM Investments Corporation (PSE:SM)
Before I start laying down the numbers, I want you to understand that this write-up isn’t an inclusion of our stock market consultancy service. I only write freebies like this when I feel like doing it. I also don’t guarantee that I will be able to respond to comments in this post. My focus and priority are the questions of our subscribers posted in our private discussion group on our website. It’s still best to consider subscribing to our stock market consultancy service so you can pick my brain. There’s so many pieces of the puzzle that aren’t in this write-up.
Cirtek Holdings Philippines Corporation (PSE:TECH)
Parameter 1: Is its last price moving above its 10-day simple moving average (SMA)?
Answer: YES
Parameter 2: Is its moving average convergence divergence (MACD) moving above its signal line?
Answer: YES
Parameter 3: Is its last volume bar higher than 50 percent of its 10-day volume average?
Answer: YES
Parameter 4: Is its last price higher than its volume-weighted average price?
Answer: NO
Parameter 5: Is its Dominant Range Index bullish?
Answer: NO
Dominant Range Index: BEARISH
Last Price: ₱6.62
VWAP: ₱6.9057
Dominant Range: ₱6.62 – ₱6.70
Parameter 6: Is its Market Sentiment Index bullish?
Answer: YES
Market Sentiment Index: BULLISH
30 of the 62 participating brokers, or 48.39% of all participants, registered a positive Net Amount
29 of the 62 participating brokers, or 46.77% of all participants, registered a higher Buying Average than Selling Average
62 Participating Brokers’ Buying Average: ₱6.89435
62 Participating Brokers’ Selling Average: ₱6.93628
9 out of 62 participants, or 14.52% of all participants, registered a 100% BUYING activity
13 out of 62 participants, or 20.97% of all participants, registered a 100% SELLING activity
Verdict
There is NO confirmed buy signal.
Megaworld Corporation (PSE:MEG)
Parameter 1: Is its last price moving above its 10-day simple moving average (SMA)?
Answer: YES
Parameter 2: Is its moving average convergence divergence (MACD) moving above its signal line?
Answer: YES
Parameter 3: Is its last volume bar higher than 50 percent of its 10-day volume average?
Answer: YES
Parameter 4: Is its last price higher than its volume-weighted average price?
Answer: YES
Parameter 5: Is its Dominant Range Index bullish?
Answer: YES
Dominant Range Index: BULLISH
Last Price: ₱3.30
VWAP: ₱3.2608
Dominant Range: ₱3.30 – ₱3.30
Parameter 6: Is its Market Sentiment Index bullish?
Answer: NO
Market Sentiment Index: BEARISH
17 of the 50 participating brokers, or 34.00% of all participants, registered a positive Net Amount
11 of the 50 participating brokers, or 22.00% of all participants, registered a higher Buying Average than Selling Average
50 Participating Brokers’ Buying Average: ₱3.24290
50 Participating Brokers’ Selling Average: ₱3.26166
6 out of 50 participants, or 12.00% of all participants, registered a 100% BUYING activity
19 out of 50 participants, or 38.00% of all participants, registered a 100% SELLING activity
Verdict
There is NO confirmed buy signal.
SM Investments Corporation (PSE:SM)
Parameter 1: Is its last price moving above its 10-day simple moving average (SMA)?
Answer: YES
Parameter 2: Is its moving average convergence divergence (MACD) moving above its signal line?
Answer: NO
Parameter 3: Is its last volume bar higher than 50 percent of its 10-day volume average?
Answer: YES
Parameter 4: Is its last price higher than its volume-weighted average price?
Answer: YES
Parameter 5: Is its Dominant Range Index bullish?
Answer: YES
Dominant Range Index: BULLISH
Last Price: ₱1,005.00
VWAP: ₱1,001.4355
Dominant Range: ₱997.50 – ₱1,005.00
Parameter 6: Is its Market Sentiment Index bullish?
Answer: YES
Market Sentiment Index: BULLISH
11 of the 30 participating brokers, or 36.67% 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: ₱999.81290
30 Participating Brokers’ Selling Average: ₱1001.82599
4 out of 30 participants, or 13.33% of all participants, registered a 100% BUYING activity
5 out of 30 participants, or 16.67% of all participants, registered a 100% SELLING activity
Verdict
There is NO confirmed buy signal.
Reminders
- If you already have the stock, the absence of a confirmed buy signal does not mean you should sell your position. Review the course manual I wrote so you’ll be reminded of the situations when you should consider either reducing the percentage of risk on your trailing stop or selling your position.
- You must calculate your reward-to-risk ratio after getting a confirmed buy signal. You should only buy shares of that stock if you’re satisfied with your reward-to-risk ratio. Do not buy if you’re not happy with the ratio even if there’s a confirmed buy signal.
- You may use my reward-to-risk ratio calculator, trailing stop calculator, and other trading calculators.
- Keep in mind the reminders I wrote in the course manual of The Evergreen Strategy 2.0 whenever either of the Dominant Range Index or Market Sentiment Index turns bearish.
- If you’re one of our subscribers and you have follow-up questions regarding the stocks I discussed in this write-up, please ask in our private online discussion group so I can answer you in detail. I do not guarantee a reply to comments in my free write-ups.
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your Price-Volume distribution is very helpful
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TIPS for FREE? It’s JAYCEE.
The comprehensive tips are very useful for me as a super busy working-mom who tends to invest in Philippine Stock Market, especially now that the Philippine Market, Business Trends, and Economy has unpredictable fluctuations.
PLEASE CONTINUE WHAT YOU ARE DOING AND EVERYONE ELSE WILL BE ENCOURAGED WITH THE HELP OF YOUR STOCK TIPS. MABUHAY and GOD BLESS.
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I am also a subscriber of the Truly Rich Club. I am comparing the Stock Signals with TRC. Every time Jaycee sends his bonus newsletters, it’s as though he read my mind before he wrote them. Jaycee is not the typical analyst who would obviously cheer you up when the market is down (like how they do it in the Truly Rich Club). I mean, he does that but he gives solid reasons (fundamental and technical) on why you should continue his recommendations. His technical analysis and reasoning are easy to understand, something that’s missing in the Truly Rich Club.
the best anyone can find online
Thanks, Jaycee.
I’ve been checking out your advice via email from time to time and I can honestly say that your company’s insights particularly on the daily market trends are at par, if not better, than the best anyone can find online. I am indeed looking forward to the day I can eventually enjoy the complete benefits of your program packages and the current offers seemed very attractive. It’s just that I’m neck deep in my current job at the moment and as much as I wanted to spend more time watching over my current portfolio, it just wouldn’t be possible in the next 6 months or so to actually trade effectively, as I could possibly can.
But I’ll keep subscribing to your newsletters and keep monitoring the price action even with the limited time available. Once I find the proper mix of free time, lesser financial strain, and a slightly bigger and relatively expendable buying power, then I bet I’ll be subscribing in a couple or all of your packages.
For now, cheers and more power!
helpful for busy professionals like me who are based in abroad
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helped me realize the value of averaging up and not just averaging down
My problem in investing was that I no longer buy when I see my stock going green for I do not want my earnings to go down. The Stock Signals has helped me realize the value of averaging up and not just averaging down.
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