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.
The analysis is not mind boggling... meaning easy to understand. Practically what i want in an analysis
The analysis is not mind boggling… meaning easy to understand. Practically what i want in an analysis
I'm amazed that he didn't give advice but more likely a guides
I’m amazed that he didn’t give advice but more likely a guides
Unique and very inspiring
Unique and very inspiring
My limited reading of his analysis makes sense
I need to put in more time in learning stock market trading. My limited reading of his analysis makes sense
Data driven
Data driven
knowledgeable
knowledgeable
Awesome
Awesome
direct to the point.
direct to the point.
Easy to understand
Easy to understand
numbers driven and relatively timely
It is mostly numbers driven and relatively timely. It can be more concise but content is there
- 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
