When I buy stocks, I don’t just rely on the lowest price I use under the Ask column. Also, I don’t just refer to the highest price under the Bid column when I sell shares.
Instead, I do my trade-volume distribution analysis first to identify the price point or range that got the biggest volume and the highest number of trades.
By doing so, I don’t just become realistic but also a strategic trader or investor.
I do not need to use the 1-minute, 3-minute, 5-minute, 10-minute, or any variant of an intraday chart. I just generate the statistics and chart using my Trade-Volume Distribution chart generator.
Why did I create my proprietary Trade-Volume Distribution chart?
- It helps me identify reversals, divergences, or false breakouts.
- It shows at a glance the prices that got the biggest volume with the highest number of trades.
- It helps me see if the majority of the volume is registered near the intraday high, intraday low, or median. The price bar at the top of the chart represents the intraday high. The price bar at the bottom represents the intraday low.
- It gives me a clue if cross trades happened at a certain price.
- This chart helps me decide where we should place our buying or selling price because we can see the prices that got the biggest volume with the highest number of trades at a glance.
If you will subscribe to the stock market consultancy service of Equilyst Analytics, you’ll have exclusive access to the Tagalog and English versions of my online stock market course called The Evergreen Strategy in Trading and Investing in the Philippine Stock Market. I discussed the details of this Trade-Volume Distribution analysis in our online stock market course.
I issue a confirmed buy signal for a stock if its 10SMACD combo and Momentum Power Indicator are both bullish.
In this report, you’ll know the Momentum Power Indicator’s status for the following stocks as of closing on December 02, 2020:
- Bank of the Philippine Islands
- BDO Unibank, Inc.
- DITO CME Holdings Corp.
- Ayala Land, Inc.
- Megawide Construction Corporation
- Robinson Land Corporation
- Now Corporation
- Universal Robina Corporation
- Metropolitan Bank and Trust Company
- SM Prime Holdings, Inc.
Bank of the Philippine Islands
Last Price: ₱80.00
Intraday Low: ₱79.30
Intraday High: ₱82.00
VWAP: ₱80.15
Dominant Range: ₱80.00 – ₱80.00
Momentum Power Indicator: Bearish
BDO Unibank, Inc.
Last Price: ₱104.10
Intraday Low: ₱103.80
Intraday High: ₱107.00
VWAP: ₱104.81
Dominant Range: ₱104.10 – ₱104.60
Momentum Power Indicator: Bearish
DITO CME Holdings Corp.
Last Price: ₱6.69
Intraday Low: ₱6.47
Intraday High: ₱6.69
VWAP: ₱6.64
Dominant Range: ₱6.65 – ₱6.69
Momentum Power Indicator: Bullish
Ayala Land, Inc.
Last Price: ₱40.50
Intraday Low: ₱39.10
Intraday High: ₱40.50
VWAP: ₱39.99
Dominant Range: ₱40.50 – ₱40.50
Momentum Power Indicator: Bullish
Megawide Construction Corporation
Last Price: ₱9.19
Intraday Low: ₱9.10
Intraday High: ₱9.79
VWAP: ₱9.26
Dominant Range: ₱9.19 – ₱9.25
Momentum Power Indicator: Bearish
Robinson Land Corporation
Last Price: ₱17.70
Intraday Low: ₱17.64
Intraday High: ₱18.00
VWAP: ₱17.81
Dominant Range: ₱17.70 – ₱17.76
Momentum Power Indicator: Bearish
Now Corporation
Last Price: ₱4.83
Intraday Low: ₱4.73
Intraday High: ₱5.08
VWAP: ₱4.87
Dominant Range: ₱4.80 – ₱4.90
Momentum Power Indicator: Bearish
Universal Robina Corporation
Last Price: ₱145.80
Intraday Low: ₱143.40
Intraday High: ₱147.60
VWAP: ₱146.14
Dominant Range: ₱145.80 – ₱145.80
Momentum Power Indicator: Bearish
Metropolitan Bank and Trust Company
Last Price: ₱49.20
Intraday Low: ₱47.85
Intraday High: ₱49.20
VWAP: ₱48.63
Dominant Range: ₱49.20 – ₱49.20
Momentum Power Indicator: Bullish
SM Prime Holdings, Inc.
Last Price: ₱38.20
Intraday Low: ₱37.10
Intraday High: ₱38.35
VWAP: ₱37.96
Dominant Range: ₱38.00 – ₱38.20
Momentum Power Indicator: Bullish
What’s Next?
If you’re one of our clients, you may post your request for our complete analysis in our Private Clients Forum, so we can also tell you the status of the 10SMACD combo of any of these 10 stocks. Also, it’s best that you review or re-watch our online stock market course (either the English or Taglish version) so you’ll understand the core concept of this Trade-Volume Distribution analysis. Since our methodology is unique to us, you won’t find an explanation of our way of doing trade-volume distribution analysis on the internet but on our online stock market course only.
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