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.
such a brilliant person and mentor
Hi sir Jaycee. Good day to you. Thank you for all the hard work you did, for being such a brilliant person and mentor. Super thankful po sa mga binibigay nyo na ”BUY SIGNAL” everyday and personal emails pag meron pong ”sell alert”. All the blog /info you wrote everyday about stocks, support and resistance, appreciate it so much.Malaki na po ng lost ko sa stock investing before po ako nagpa member dito sa inyo. I wanted to quit na sana before, but THANK GOD I found your blog. You save me from losing all my money. Dahil po sa inyo unti unti ko na po na recover ang lost ko. Million thank you po talaga.More power to you sir. God bless!
I hope more newbies will come across your daily articles
Your insights are a welcome relief to people who have losses because of hyped up stocks. I hope more newbies will come across your daily articles and learn to trade the right way.
Thank you hope you continue to do this job
Everything is great and wonderful. It’s been like I’ve been receiving a costly research for free from Jaycee. Thank you hope you continue to do this job, for the sake of the newbies like us. Have a great day always, more blessings to come and profit bro.
Wow. Very thorough.
Wow. Very thorough. Will review the links posted. Realized there’s so much more I need to know! Thank you, Jaycee.
Very helpful and informative
Very helpful and informative, Sir Jaycee. It helps me in maintaining my portfolio green.
The level of detail that you deliver is so helpful for me
Sir Jay, up to now, I’m still in great awe as to how you manage the Stock Signals Program for us. The level of detail that you deliver is so helpful for me. You explain your daily analysis in my level of understanding. You’re a total opposite of the other newsletter-based programs I had joined prior to your program. The more newsletters they sent, the more confused I was. But the more you write, the clearer it gets. I think I would still remain as your subscriber even when the subscription fee goes back to 1000 pesos a month. What you’re providing is definitely worth more that. God bless you more Sir Jay. – Misael
very helpful to me and for the other newbies
Thank you very much, Sir Jaycee. This info was very helpful to me and for the other newbies as well.
problem solved ako
Bilang isang OFW medyo challenging sa akin ang pagiinvest sa stock market. Kahit may internet ako at pwedeng magresearch nosebleed pa rin minsan. Kahit basahin ko ng basahin, kung walang mageexplain sa akin wala rin. Pero because of the Stock Signals of Mr. Jaycee, problem solved ako. May guidance sa Top Stock Picks. Kapag di ko maintindihan, pwede pang magtanong sa forum o kaya magbasabasa dun sa mga tanong ng iba na nasagutan ni Sir.
accurate stock information
Almost accurate stock information with corresponding data to back up the analysis. Surely this has helped me from my beginner’s experience as an investor for stock market. Thanks
Very helpful thanks!
Very helpful thanks!
- 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
