Xurpas Inc. Analysis: June 02, 2020

Xurpas Inc. (PSE:X) closed at ₱0.57 per share as of 01:00 PM GMT+8 on June 2, 2020. It went up by 1.79 percent.

The Total Turnover Value was ₱384,370.00. The local traders were the main drivers of Xurpas Inc. today.

Foreign investors are net buyers today with a Net Foreign Buying worth ₱560.00. Foreign fundies are net buyers year-to-date, but their day-to-day Net Foreign is relatively small.

The immediate support is near ₱0.46, while the immediate resistance is near ₱0.61.

Our 10SMACD combo is bearish.

X’s risk level is low due to its historical volatility score of 28.73 percent.

Trade-Volume Distribution

Last Price: ₱ 0.57
VWAP: ₱0.55949
Dominant Range: ₱0.55 – ₱0.57

The Momentum Power Indicator of Xurpas Inc. is bullish.

True Market Sentiment

True Market Sentiment on X as of Jun-02-2020 at 01:00PM with a last price of ₱0.57
True Market Sentiment: NEUTRAL
6 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: ₱0.5586
Top 10 Players’ Selling Average: ₱0.5620
Bonus Info:
4 out of 10 participants or 40.00% of all participants registered a 100% BUYING activity
2 out of 10 participants or 20.00% of all participants registered a 100% SELLING activity

Recommendations

Do you have Xurpas Inc. in your portfolio already?

There’s no buy signal confirmation for X 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 Xurpas Inc. yet but are you planning to do a test-buy?

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

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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