In this technical analysis for GMA Network (GMA7), 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: 15.52
VWAP: 15.69
Dominant Range: 15.5 – 16
Market Sentiment Index (MSI)
Parameter 6: Is its Market Sentiment Index bullish?
Answer: YES
Market Sentiment Index: BULLISH
24 of the 62 participating brokers, or 38.71% of all participants, registered a positive Net Amount
24 of the 61 participating brokers, or 39.34% of all participants, registered a higher Buying Average than Selling Average
62 Participating Brokers’ Buying Average: ₱15.63870
62 Participating Brokers’ Selling Average: ₱15.72246
12 out of 62 participants, or 19.35% of all participants, registered a 100% BUYING activity
15 out of 62 participants, or 24.19% 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.
His technical analysis greatly helps investors in assessing the risks related to stocks
Mr. Jaycee De Guzman is an IT expert and his knowledge about IT if of a great edge in analyzing the stock market. His technical analysis greatly helps investors in assessing the risks related to stocks and deciding whether to buy or sell these stocks.
His explanations and analysis are more realistic but simple
As I read his analysis in different post such as TGFI, I was intrigued and realized it is applicable to my current trading strategy as a short and more on long term trading. His explanations and analysis are more realistic but simple
it's well detailed
it’s well detailed. like it so much. hope i can learn more from him on how to do the technical analysis
the posts are more sensible
the posts are more sensible
he is awesome and doing great on his analysis
my friend said he is awesome and doing great on his analysis, and my friend learn so much from him
saved some losses
I am not yet knowledgeable enough to say something substantial. I did save some loss. I would have lost 23% instead I only lost 4% since I’ve subscribed.
I like his way of interpreting not just the charts but also the true market sentiment
I like his way of interpreting not just the charts but also the true market sentiment. Some chartist don’t do this but he does.
I learn and earn because of this.
He’s strategy and the information he provided are great. I learn and earn because of this.
learned a lot of important things
From the past posts of sir JCdG with regards to TA. I’ve learned a lot of important things to consider before stepping into a trading of good stock.
Refreshing and awakening
I find his approach refreshing and awakening for me who just realized that there is a better way of doing PCA.
- 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
