Bloomberry Resorts Corporation Analysis: February 3, 2020

Bloomberry Resorts Corporation Analysis- February 3, 2020

Bloomberry Resorts Corporation (PSE:BLOOM) closed at ₱9.00 per share as of 03:30 PM GMT+8 on February 3, 2020. The last price remains unchanged from the previous trading day’s closing price.

The Total Turnover Value was ₱30,811,220.00. The foreign traders were the main drivers of Bloomberry Resorts Corporation today.

Foreign investors registered a Net Foreign Selling worth ₱2,020,849.00. They are net sellers year-to-date.

The immediate support is near ₱9.00, while the immediate resistance is near ₱9.80.

Our 10SMACD combo is bearish.

BLOOM’s risk level is moderate due to its historical volatility score of 67.44 percent.

Bloomberry Resorts Corporation Analysis - Daily Chart EOD - 2.3.2020

Trade-Volume Distribution Analysis

Last Price: ₱ 1.04
VWAP: ₱1.07193
Dominant Range: ₱1.04 – ₱1.1

The Momentum Power Indicator of Bloomberry Resorts Corporation is bearish.

Bloomberry Resorts Corporation Analysis - Trade Volume Distribution EOD - 2.3.2020

True Market Sentiment – EOD

True Market Sentiment on BLOOM as of Feb-03-2020 at 03:30PM with a last price of ₱9.0
True Market Sentiment: BEARISH
3 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: ₱8.9932
Top 10 Players’ Selling Average: ₱8.9962
Bonus Info:
14 out of 38 participants or 36.84% of all participants registered a 100% BUYING activity
10 out of 38 participants or 26.32% of all participants registered a 100% SELLING activity

Bloomberry Resorts Corporation Analysis - True Market Sentiment EOD - 2.3.2020

Should You Buy, Hold, or Sell Bloomberry Resorts Corporation?

Do you have Bloomberry Resorts Corporation in your portfolio already?

There’s no buy signal confirmation for BLOOM yet. Even though the last volume bar is green, today’s volume is less than the 50 percent of the stock’s 10-day volume average. You may want to reduce the percentage of risk on your trailing stop, at least.

You don’t have Bloomberry Resorts Corporation yet but are you planning to do a test-buy?

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

Watch Equilyst Analytics’ online stock market course, called as The Evergreen Strategy in Trading and Investing in the Philippine Stock Market, to know how you to spot confirmed buy signals for any stock.

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