DMCI Holdings Analysis: February 5, 2020

DMCI Holdings Analysis- February 5, 2020

DMCI Holdings (PSE:DMC) closed at ₱6.11 per share as of 03:30 PM GMT+8 on February 5, 2020. It went down by 1.45 percent.

The Total Turnover Value was ₱59,581,583.00. The local traders were the main drivers of DMCI Holdings today.

Foreign investors registered a Net Foreign Selling worth ₱48,356,740.00. They are net sellers year-to-date.

The immediate support is near ₱5.08, while the immediate resistance is near ₱7.09.

Our 10SMACD combo is bearish.

DMC’s risk level is low due to its historical volatility score of 33.84 percent.

DMCI Holdings Analysis - Daily Chart EOD - 2.5.2020

Trade-Volume Distribution Analysis

Last Price: ₱ 6.11
VWAP: ₱6.11156
Dominant Range: ₱6.08 – ₱6.11

The Momentum Power Indicator of DMCI Holdings is bearish.

DMCI Holdings Analysis - Trade Volume Distribution EOD - 2.5.2020

True Market Sentiment – EOD

True Market Sentiment on DMC as of Feb-05-2020 at 03:30PM with a last price of ₱6.110
True Market Sentiment: BULLISH
6 of the top 10 brokers registered a positive Net Amount
7 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱6.1349
Top 10 Players’ Selling Average: ₱6.1166
Bonus Info:
16 out of 39 participants or 41.03% of all participants registered a 100% BUYING activity
10 out of 39 participants or 25.64% of all participants registered a 100% SELLING activity

DMCI Holdings Analysis - True Market Sentiment EOD - 2.5.2020

Should You Buy, Hold, or Sell DMCI Holdings?

Do you have DMCI Holdings in your portfolio already?

There’s no buy signal confirmation for DMC yet. Since the last volume bar is red, you may want to pre-empt your trailing stop or reduce the percentage of risk on your trailing stop, at least.

You don’t have DMCI Holdings yet but are you planning to do a test-buy?

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

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.

Also, you can post a request for the latest analysis and recommendation of Equilyst Analytics on any stock if you’ve subscribed to their stock market subscription service.