In this technical analysis for AC Energy Corporation (ACEN), I’ll show you the status of the six (6) indicators I monitor to know if the stock has a confirmed buy signal. If all six indicators are bullish, it means the stock has a confirmed buy signal according to my proprietary methodology.
I don’t follow the classical usage of technical indicators. I have my proprietary methodology in using certain technical indicators, which I call The Evergreen Strategy 2.0.
Getting a confirmed buy signal does not mean buying the stock right away. I must compute for my initial trailing stop and reward-to-risk ratio first.
The computation of my reward-to-risk ratio follows after computing for my initial trailing stop. I need to decide for the percentage of risk I’m willing to apply in that particular trade. This process must be done sequentially. To compute my reward-to-risk ratio, I need to identify the stock’s resistance.
For my and clients’ convenience, I created the Trailing Stop Calculator and Reward-to-Risk Ratio Calculator, which you’ll find in the Calculators tab of the Library section of our website.
Let’s take a look at the ratings of the six indicators.
Price vs. 10-day Simple Moving Average (SMA)
Parameter 1: Is its last price moving above its 10-day simple moving average (SMA)?
Answer: YES
Volume
Parameter 3: Is its last volume bar higher than 50 percent of its 10-day volume average?
Answer: YES
Moving Average Convergence Divergence (MACD) vs. Signal Line
Parameter 2: Is its moving average convergence divergence (MACD) moving above its signal line?
Answer: YES
Volume-Weighted Average Price (VWAP)
Parameter 4: Is its last price equal or higher than its volume-weighted average price?
Answer: NO
Dominant Range Index (DRI)
Parameter 5: Is its Dominant Range Index bullish?
Answer: YES
Dominant Range Index: BULLISH
Last Price: 11.92
VWAP: 11.97
Dominant Range: 12 – 12
Market Sentiment Index (MSI)
Parameter 6: Is its Market Sentiment Index bullish?
Answer: YES
Market Sentiment Index: BULLISH
27 of the 73 participating brokers, or 36.99% of all participants, registered a positive Net Amount
25 of the 72 participating brokers, or 34.72% of all participants, registered a higher Buying Average than Selling Average
73 Participating Brokers’ Buying Average: ₱11.95411
73 Participating Brokers’ Selling Average: ₱11.97686
10 out of 73 participants, or 13.70% of all participants, registered a 100% BUYING activity
15 out of 73 participants, or 20.55% of all participants, registered a 100% SELLING activity
Verdict
There is NO confirmed buy signal because not all 6 indicators have a YES rating.
Learn How to Invest INDEPENDENTLY and Trade TACTICALLY in the Philippine Stock Market
Let me mentor you through our stock market consultancy service. Learn my Evergreen Strategy in Trading and Investing in the Philippine Stock Market 2.0.
Click here to read the details of our stock market consultancy service.
Here’s what our clients say about us.
easy to understand even for newbies
He uses technical terms with explanation, that is easily understand even to those who are new to the market.
he let the traders/investors to verify his analysis with his references
His way is far more different from others, he let the traders/investors to verify his analysis with his references. Just like what he said “he is not a fortune teller from quiapo”, sorry im not sure for the quote but thats what ive understand.
he knows his field very well, straightforward, honest, backed by data
I’m a beginner & I’ve just learned about Jaycee De Guzman recently. I think he knows his field very well and the way he does his technical analysis is straightforward, honest, backed by data. Unlike others, he really wants u to learn & earn!
structured so well and comprehensive
Jaycee De Guzman’s way of doing technical analysis can be understood easily, even for new investors. It is structured so well. It is also comprehensive and covers every aspect of a certain topic or trend.
Very insightful
Very insightful. He gives tips and tricks that aren’t the usual ones.
presents true market sentiment
He presents true market sentiment and analyzes the market using top 10 brokers
he is translating it to understand even to those people who is new to stock market industry
He provide more detailed information about specific stock. It is very different compared to the technical analysis provided by COL financial and it is like he is translating it to understand even to those people who is new to stock market industry.
his approach on technical analysis is more in depth than others
His approach on technical analysis are more in depth than other. He give u pointers and recommendations to guide to improve your trading skills.
his technical analysis is very precise
his technical analysis is very precise like there is a support and resistance that can be also a basis when you trade in PSE
different and unique
different and unique
- MA, BDO, ALI, URC, PX: Is Their Dominant Range Pointing to a Breakout? - March 14, 2025
- Tracking Market Sentiment: MTD Ratings for 30 Bluechip Stocks (March 2025) - March 13, 2025
- PSEi Stalls Below 6,260 as Market Awaits Political Shift - March 12, 2025
