Universal Robina Corporation Technical Analysis
Universal Robina Corporation (PSE:URC) surged by 2.77 percent, closed at ₱130 per share, and printed a total turnover value worth nearly ₱328 million on March 19, 2021.
The local investors were the main drivers of the price action today. On the other hand, the foreign investors registered a net foreign selling worth nearly ₱16 million. They are net sellers year-to-date (YTD net foreign selling worth over ₱300 million).
Based on the horizontal lines I plotted, URC’s immediate support is near ₱120.00, while its immediate resistance is near ₱132.50. If you’re a fan of Fibonacci, the immediate resistance is confluent with the 23.60 percent retracement of the Down Fibonacci near ₱129.90. You will see the higher resistance levels using either horizontal lines or Fibonacci retracements on URC’s daily chart below.
I like how URC rose above its 10-day simple moving average (SMA) and how it surged higher than its 10-day volume average today. MACD’s golden cross above the signal line seconds the motion to that bullish signal.
Meanwhile, it seems that URC needs to break above the resistance confluent with the 38.20 percent retracement of the Down Fibonacci at ₱135.75 for the +DMI to register a golden cross above the -DMI to confirm the strong upward momentum of this stock.
As expected among index or blue-chip stocks, URC has a low sensitivity or risk level based on its 10-day historical volatility score of 38 percent. It remains a newbie-friendly stock. However, not because I said that it’s a newbie-friendly stock, it doesn’t mean you should buy the stock right away. There’s got to be a confirmed buy signal before buying the stock based on my Evergreen Strategy 2.0.
Dominant Range Index
Dominant Range Index: Bullish
Last Price: ₱130.00
Intraday Low: ₱126.4000
Intraday High: ₱130.5000
VWAP: ₱129.3426
Dominant Range: ₱129.80 – ₱130.00
Market Sentiment Index – EOD – March 19, 2021
Market Sentiment Index: NEUTRAL
6 of the top 10 brokers registered a positive Net Amount
2 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱129.4560
Top 10 Players’ Selling Average: ₱129.6251
5 out of 48 participants, or 10.42% of all participants, registered a 100% BUYING activity
17 out of 48 participants, or 35.42% of all participants, registered a 100% SELLING activity
Market Sentiment Index – WTD – March 15-19, 2021
Market Sentiment Index: NEUTRAL
6 of the top 10 brokers registered a positive Net Amount
4 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱126.4690
Top 10 Players’ Selling Average: ₱126.0343
13 out of 66 participants, or 19.70% of all participants, registered a 100% BUYING activity
5 out of 66 participants, or 7.58% of all participants, registered a 100% SELLING activity
Market Sentiment Index – MTD – March 1-19, 2021
Market Sentiment Index: BULLISH
6 of the top 10 brokers registered a positive Net Amount
8 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱128.8571
Top 10 Players’ Selling Average: ₱128.4431
25 out of 84 participants, or 29.76% of all participants, registered a 100% BUYING activity
3 out of 84 participants, or 3.57% of all participants, registered a 100% SELLING activity
Synthesis
URC has a confirmed buy signal based on my Evergreen Strategy 2.0.
Foreign brokers are the top participants of URC. Why is it so? I speculate that maybe it’s partly because it’s one of the 20 constituents of the MSCI Philippines Index (aside from it’s already given that foreign brokers are the top traders of blue-chip stocks).
If you’re a high-risk trader or investor, you may top or do a test-buy within the prevailing dominant range. However, if you are yet to do a test-buy, please calculate your initial trailing stop first. You can use my trading calculators (LIBRARY->TOOLS). If you’re satisfied with your reward-to-risk ratio, that’s the logical time for you to do a test-buy within the dominant range. If today’s dominant range doesn’t appear within the first three minutes of the next trading day, ask for URC’s latest Dominant Range Index in our Private Clients Forum (if you’re one of our clients).
If you’re a low-risk trader or investor, you may want to consider waiting for the prevailing (at least) Market Sentiment Index to turn bullish. If you’re one of our clients, you may ask for URC’s prevailing Market Sentiment Index in our Private Clients Forum.
If you already have a position on URC, and if your trailing stop is intact, it’s either you top up within the prevailing dominant range or hold your position. There’s no need to reduce the percentage of risk on your trailing stop since the three timeframes’ average Market Sentiment Index is neutral.
By the way, our 33.33% discount for a 1-year subscription is up until March 19, tomorrow. Instead of paying P15,000.00 for a 1-year subscription, you’ll only have to pay P10,000.00. Visit https://www.equilyst.com/ to know what you’ll get when you subscribe to our stock market consultancy service.
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.
Click here to read the details of our stock market consultancy service.
Here’s what our clients say about us.
I like your program the most
Hi Jaycee,
It’s me again Anna. I am now in your Serial Investor Package for 6 months. In my 1 week of experiencing it. I really enjoyed it! I love it actually! It is different from TRC and PinoyInvestor which I tried before. I like your program the most. That is why instead of 6 months only I want to make most of your 50% promo. Can I extend my subscription from 6 months to 1 year by completing the money for 1 year subscription? I am hoping you can grant my request.
Have a blessed Sunday!
Thank you, Sir. I really appreciate your inputs.
Thank you, Sir. I really appreciate your inputs.
Keep it up!
Thanks for sharing your knowledge. Keep it up!
I've earned because of you
Jaycee, I’d like to tell you that I was able to earn a good amount by “connecting the dots” on the free technical analysis articles you regularly post on your website. I’m sure I would get more value by becoming a premium member. I’ve subscribed to your Stock Signals for 15 months. I am excited to learn and to earn with your assistance.
helpful information
Thanks a lot, sir. That’s truly a helpful information. I’m hoping to keep in touch with you soon.
kakaiba yung sa inyo sir
Tama nga yung nabasa ko sa isang Facebook group tungko sa iyo sir jaycee, na para ka lang nanonood ng Batibot with the way you explain technical stuff with us sa stock signals program mo po. pinagsabay ko yung TRC at pinoy investor subscription ko dati sir bago pa ako nagsubscribe sa iyo. yung sa TRC makikita rin naman sa COL. yung sa pinoy investor, kung magaling ka lang sa search2x sa google mababasa mo rin naman yung info na binibigay nila. may sarili ka bang software sa pagaanalyze sir? kakaiba yung sa inyo sir. nagpatindi pa yung layman na layman na explanation mo sir. kumpletos-rekados ika nga. madalas di ko na kailangang magtanong dahil nasasagot na agad sa explanation mo sir. tapusin ko lang yung binayad ko sa TRC at Pinoy investor tapos eextend ko pa ng 1 year subscription ko sa stock signals program sir surebol yun. Thank you sir Jaycee!
Your analysis is very useful in my decision making
Your analysis is very useful in my decision making. Thank you very much.
Kudos to you Sir Jaycee! God bless Sir!
Sir! I’m one of your 1st customers since 2014. What I like the most in the Stock Signals Program is that hindi mo kami binibigyan ng jargons. Dun sa kung kanino ako dati nakasubscribe hindi ko alam kung yung analyst lang ang nakakaintindi sa mga sinasabi nila o nagkakacopy and paste lang. Dun sa isa naman buy below price lang tapos parang ang dating e bahala na kaming bumili kung saan namin gusto. Para bang tapos na trabaho nila after nila ibato ang buy below price nila. Sabi mo nga Sir you could have chosen to just give us your buy below price din tulad ng iba but thankfully hindi mo ginawa yun. Kudos to you Sir Jaycee! God bless Sir!
very detailed explanation of your recommendation
Sir Jaycee,
I’m happy that I’ve discovered your Stock Signals Program. I was a TrulyRichClub subscriber until yesterday. My officemate, who happens to be your subscriber since 2014, told me about your Stock Signals Program. He also showed to me what he gets from your program. I must say I was wowed to see how you are so different and better than Truly Rich Club. Indeed, you are not only giving your subscribers a buy below price. You also give them the best buying range in that buy below price. Plus you give a very detailed explanation of your recommendation. How do you manage to do all that the entire trading period every day? Well, please welcome me to your team for I am now a subscriber of yours. Payment has been sent. Cheers!
Louie
Thank you for your assistance
Good day sir jaycee. Ive read it already and am amaze. So far yun lang ang inquiries ko.
Thank you for your assistance. Highly appreciate such gesture.
Will be thinking muna about it since I’m a full time house wife. Will be planning muna where to get the funds.
Thank you again
Cheyenne
- 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
