The Philippine Stock Exchange, Inc Analysis: June 11, 2020

The Philippine Stock Exchange, Inc (PSE:PSE) closed at ₱170.00 per share as of 01:00 PM GMT+8 on June 11, 2020. It went up by 3.03 percent.

The Total Turnover Value was ₱965,690.00. The foreign traders were the main drivers of The Philippine Stock Exchange, Inc today.

Foreign investors are net sellers today with a Net Foreign Selling worth ₱600,130.00. Foreign fundies are ne buyers year-to-date.

The immediate support is near ₱162.00, while the immediate resistance is near ₱176.00.

Our 10SMACD combo is bearish.

PSE’s risk level is low due to its historical volatility score of 26.87 percent.

Trade-Volume Distribution

Last Price: ₱ 170.00
VWAP: ₱170.01585
Dominant Range: ₱170.00 – ₱170.00

The Momentum Power Indicator of The Philippine Stock Exchange, Inc is bearish.

True Market Sentiment

True Market Sentiment on PSE as of Jun-11-2020 at 01:00PM with a last price of ₱170.00
True Market Sentiment: BEARISH
4 of the top 10 brokers registered a positive Net Amount
5 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱170.4000
Top 10 Players’ Selling Average: ₱170.4177
Bonus Info:
5 out of 11 participants or 45.45% of all participants registered a 100% BUYING activity
5 out of 11 participants or 45.45% of all participants registered a 100% SELLING activity

Recommendations

Do you have The Philippine Stock Exchange, Inc in your portfolio already?

There’s no buy signal confirmation for PSE yet. Since the last volume bar is green and it’s higher than the 50 percent of the stock’s 10-day volume average, you may choose to hold your position, but don’t top up yet.

You don’t have The Philippine Stock Exchange, Inc yet but are you planning to do a test-buy?

There’s no buy signal confirmation for PSE yet. Wait for both 10SMACD and Momentum Power Indicator to become bullish before you entertain the idea of doing a test-buy on PSE.

Please use a trailing stop instead of a fixed stop loss. No matter how bullish or bearish the data-driven forecast is, the price may still move to the opposite direction. Preserve your capital, protect your gains, and prevent unbearable losses with the use of a trailing stop. You may use our trailing stop calculator from our stock market library.

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Jaycee De Guzman

Founder and CEO at Equilyst Analytics

Experience the expertise of Jaycee De Guzman, the brain of Equilyst Analytics, renowned for his unique data analysis. He is a computer scientist and a self-taught digital marketing strategist and agriculturist. Since Equilyst Analytics’ founding in 2012, over 10,000 local and foreign clients have consulted with Jaycee de Guzman on crypto and stock investments.

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