CEI. GERI. DELM. IDC. MA. TECHW. MWIDE. BKR. CNPF. BC.
These are the top gainers as of market closing on June 8, 2023.
When you see the Top Gainers list, what’s the first thing that comes to your mind?
“Will these stocks appear in the Top Gainers list again tomorrow?”
That’s the question of the many of us.
Although there’s really no way to tell with certainty and guarantee what’s going to happen to any stock tomorrow, at least, I have a way to make a data-driven to what’s “likely” to happen.
What’s that data-driven way?
It’s my proprietary method of doing market sentiment analysis through my Market Sentiment Index indicator.
How and Why Do I Do Market Sentiment Analysis
Introducing my proprietary tool, the Market Sentiment Index, designed to gauge the consolidated sentiment of all brokers involved in trading a particular stock during a specified timeframe. Unlike what is available on standard stock broker platforms, this unique indicator is an exclusive creation of Equilyst Analytics.
The Market Sentiment Index plays a vital role in generating a comprehensive understanding of market sentiment, enabling us to determine whether the overall sentiment leans towards bullish or bearish. To accomplish this, it addresses the following key questions:
- How many participating brokers have recorded a positive Net Amount?
- How many participating brokers have registered a higher buying average compared to the selling average?
- What are the average buying and selling amounts across all participating brokers?
- How many participating brokers have engaged in 100% buying and selling activity?
As part of my data-driven sentiment analysis, the Market Sentiment Index acts as a neutralizer alongside other indicators within my Evergreen Strategy, which is a proprietary algorithm used for trading and investing in the Philippine stock market.
Consider a scenario where all the other indicators of my Evergreen Strategy indicate a bullish market outlook. However, if the Market Sentiment Index for a particular stock indicates a bearish sentiment, it serves as a data-driven reminder to exercise caution.
To proceed with caution, I closely monitor my trailing stop and refrain from purchasing during dips unless a confirmed buy signal is generated by my Evergreen Strategy. Additionally, I adopt a proactive approach by trimming losses or selling all shares if the Market Sentiment Index and Dominant Range Index of a stock have consecutively exhibited bearish trends for 2 to 3 days, even if my trailing stop is still intact. I refer to this proactive action as pre-empting my trailing stop, prioritizing risk management in response to prevailing market conditions.
In this complimentary report, it is my pleasure to present the Market Sentiment Index for the following stocks, accompanied by their corresponding date and time stamps as depicted on their charts. I invite you to delve into this insightful information and leverage it to enhance your understanding of the market dynamics surrounding these stocks.
Crown Equities (CEI)
Market Sentiment Index: BULLISH
4 of the 8 participating brokers, or 50.00% of all participants, registered a positive Net Amount
4 of the 8 participating brokers, or 50.00% of all participants, registered a higher Buying Average than Selling Average
8 Participating Brokers’ Buying Average: ₱0.07778
8 Participating Brokers’ Selling Average: ₱0.07950
4 out of 8 participants, or 50.00% of all participants, registered a 100% BUYING activity
4 out of 8 participants, or 50.00% of all participants, registered a 100% SELLING activity
Global-Estate Resorts (GERI)
Market Sentiment Index: BULLISH
2 of the 4 participating brokers, or 50.00% of all participants, registered a positive Net Amount
3 of the 4 participating brokers, or 75.00% of all participants, registered a higher Buying Average than Selling Average
4 Participating Brokers’ Buying Average: ₱0.84167
4 Participating Brokers’ Selling Average: ₱0.86500
2 out of 4 participants, or 50.00% of all participants, registered a 100% BUYING activity
1 out of 4 participants, or 25.00% of all participants, registered a 100% SELLING activity
Del Monte Pacific Limited (DELM)
Market Sentiment Index: BULLISH
2 of the 6 participating brokers, or 33.33% of all participants, registered a positive Net Amount
1 of the 6 participating brokers, or 16.67% of all participants, registered a higher Buying Average than Selling Average
6 Participating Brokers’ Buying Average: ₱9.58218
6 Participating Brokers’ Selling Average: ₱9.49900
1 out of 6 participants, or 16.67% of all participants, registered a 100% BUYING activity
2 out of 6 participants, or 33.33% of all participants, registered a 100% SELLING activity
Italpinas Development Corporation (IDC)
Market Sentiment Index: BULLISH
2 of the 4 participating brokers, or 50.00% of all participants, registered a positive Net Amount
2 of the 4 participating brokers, or 50.00% of all participants, registered a higher Buying Average than Selling Average
4 Participating Brokers’ Buying Average: ₱0.73247
4 Participating Brokers’ Selling Average: ₱0.73053
0 out of 4 participants, or 0.00% of all participants, registered a 100% BUYING activity
1 out of 4 participants, or 25.00% of all participants, registered a 100% SELLING activity
Manila Mining Corporation A (MA)
Market Sentiment Index: BEARISH
1 of the 3 participating brokers, or 33.33% of all participants, registered a positive Net Amount
1 of the 3 participating brokers, or 33.33% of all participants, registered a higher Buying Average than Selling Average
3 Participating Brokers’ Buying Average: ₱0.00935
3 Participating Brokers’ Selling Average: ₱0.00935
1 out of 3 participants, or 33.33% of all participants, registered a 100% BUYING activity
1 out of 3 participants, or 33.33% of all participants, registered a 100% SELLING activity
Cirtek Holdings Phils. Corp.-Warrants (TECHW)
Market Sentiment Index: BULLISH
1 of the 2 participating brokers, or 50.00% of all participants, registered a positive Net Amount
1 of the 2 participating brokers, or 50.00% of all participants, registered a higher Buying Average than Selling Average
2 Participating Brokers’ Buying Average: ₱0.53000
2 Participating Brokers’ Selling Average: ₱0.53000
1 out of 2 participants, or 50.00% of all participants, registered a 100% BUYING activity
0 out of 2 participants, or 0.00% of all participants, registered a 100% SELLING activity
Megawide Construction Corporation (MWIDE)
Market Sentiment Index: BULLISH
8 of the 12 participating brokers, or 66.67% of all participants, registered a positive Net Amount
8 of the 12 participating brokers, or 66.67% of all participants, registered a higher Buying Average than Selling Average
12 Participating Brokers’ Buying Average: ₱3.18511
12 Participating Brokers’ Selling Average: ₱3.18583
5 out of 12 participants, or 41.67% of all participants, registered a 100% BUYING activity
3 out of 12 participants, or 25.00% of all participants, registered a 100% SELLING activity
Bright Kindle Res. and Investments (BKR)
Market Sentiment Index: BULLISH
1 of the 2 participating brokers, or 50.00% of all participants, registered a positive Net Amount
0 of the 2 participating brokers, or 0.00% of all participants, registered a higher Buying Average than Selling Average
2 Participating Brokers’ Buying Average: ₱1.39000
2 Participating Brokers’ Selling Average: ₱1.39000
0 out of 2 participants, or 0.00% of all participants, registered a 100% BUYING activity
1 out of 2 participants, or 50.00% of all participants, registered a 100% SELLING activity
Century Pacific Food (CNPF)
Market Sentiment Index: BEARISH
4 of the 14 participating brokers, or 28.57% of all participants, registered a positive Net Amount
3 of the 14 participating brokers, or 21.43% of all participants, registered a higher Buying Average than Selling Average
14 Participating Brokers’ Buying Average: ₱23.66132
14 Participating Brokers’ Selling Average: ₱23.75825
1 out of 14 participants, or 7.14% of all participants, registered a 100% BUYING activity
5 out of 14 participants, or 35.71% of all participants, registered a 100% SELLING activity
Benguet Corporation A (BC)
Market Sentiment Index: BULLISH
2 of the 4 participating brokers, or 50.00% of all participants, registered a positive Net Amount
2 of the 4 participating brokers, or 50.00% of all participants, registered a higher Buying Average than Selling Average
4 Participating Brokers’ Buying Average: ₱4.68333
4 Participating Brokers’ Selling Average: ₱4.66500
2 out of 4 participants, or 50.00% of all participants, registered a 100% BUYING activity
1 out of 4 participants, or 25.00% of all participants, registered a 100% SELLING activity
Need Help?
If you are in need of further assistance and a more profound comprehension of my Market Sentiment Index, alongside the comprehensive principles encapsulated within my Evergreen Strategy When Trading and Investing in the Philippine Stock Market, I invite you to explore my stock market consultancy service. Through a personalized 1-on-1 online workshop, I will provide invaluable insights into capital preservation, gain protection, and effective loss prevention techniques. Choose from our range of three comprehensive packages, tailored to suit your specific needs. To discover more about these packages and to schedule a session, please do not hesitate to contact me. Click here to view the available packages.
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