In this technical analysis for D and L Industries (DNL), 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: NO
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: NO
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: 7.71
VWAP: 7.81
Dominant Range: 7.8 – 7.83
Market Sentiment Index (MSI)
Parameter 6: Is its Market Sentiment Index bullish?
Answer: YES
Market Sentiment Index: BULLISH
28 of the 31 participating brokers, or 90.32% of all participants, registered a positive Net Amount
27 of the 31 participating brokers, or 87.10% of all participants, registered a higher Buying Average than Selling Average
31 Participating Brokers’ Buying Average: ₱7.78242
31 Participating Brokers’ Selling Average: ₱7.78409
18 out of 31 participants, or 58.06% of all participants, registered a 100% BUYING activity
1 out of 31 participants, or 3.23% of all participants, registered a 100% SELLING activity
Verdict
There is NO confirmed buy signal.
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.
you are in the right group if you are here
those who want to invest and trade in stock market, you are in the right group if you are here!
Highly recommended!
Highly recommended! Based on Price & Volume data.
Recommended for everyone
Recommended for everyone usually people with or without financial freedom.
Highly recommended!
Highly recommended! I am learning everyday about stock market both trading and investing.
learning to be an independent and confident investor with Equilyst
I’m learning to be an independent and confident investor with Equilyst.
Appreciation
I started trading stocks last june with just pin pointing on what to buy without any strategies. all i know is to buy low and sell high. One time i subscribed with your free analysis with ATN i just bought it right away because of your analysis and boom i had the best return the following week. After that i though i was doing the right thing already, but because i dont know any strategy the revenue that i got just faded. Now im learning already still with your free email analysis because i still cant afford yet your paid subscription, i hope you continue to help the filipinos who doesnt know a thing about stocks. You are having the best mission in life that you share the knowledge that you gain even if you started as a vendor when you were a kid. Maybe one day i could thank you personally because financial literacy is really the key to escape this rat race that our elderls have made. Please continue to help us grow and learn more about trading and investing the right way that this wont be a gamble but a way of having a bright future.
Stock Alert Even Not In Short and Long Term Trading Lists
This information is very useful especially for those traders have regular work no time to monitor the market all day.
By this information it helps even narrow and save my time searching whole night which stock got more trades and volume.
Thanks Sir Jaycee I like this service very much.
Keep doing it….
Response from Philippine Stock Market Investment Consultancy | Equilyst Anaytics
Hi, Rommel. Thank you for your review and testimonial. We want to overdeliver and exceed your expectations. That’s why we send out analyses even on stocks that are not part of our Short-term Trading and Long-term Investing watchlists (our stock recommendations). Thank you for letting us know that you appreciate what we do. 🙂 – Jaycee De Guzman
Very helfpul insights
They give me insights which are really helpful in my decisions regarding buying and selling stocks.
Solid system and continously evolving process
Solid ang system ni Jaycee at continuously evolving ang mga process nya to transfer priceless knowledge to his clients. If you are serious about stock investing and trading, you should definitely check out Equilyst Analytics.
VWAP feature is very useful
their vwap feature is really useful when it comes to intraday trading.. you’ll have an idea what price safe to enter.. planning to subscribe to them to learn more about price-volume aspect of trading.
- 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
