Alliance Select Foods Int’l (PSE:FOOD) closed at ₱0.57 per share as of 03:30 PM GMT+8 on February 5, 2020. It went down by 3.39 percent.
The Total Turnover Value was ₱2,782,020.00. The local traders were the main drivers of Alliance Select Foods Int’l today.
Foreign investors did not trade FOOD today. They are net sellers year-to-date, but their participation is insignificant.
The immediate support is near ₱0.50, while the immediate resistance is near ₱0.65.
Our 10SMACD combo is bullish.
FOOD’s risk level is extremely high due to its historical volatility score of 122.41 percent.
Trade-Volume Distribution Analysis
Last Price: ₱ 0.57
Dominant Range: ₱0.56 – ₱0.58
The Momentum Power Indicator of Alliance Select Foods Int’l is bearish.
True Market Sentiment – EOD
True Market Sentiment on FOOD as of Feb-05-2020 at 03:30PM with a last price of ₱0.570
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: ₱0.5870
Top 10 Players’ Selling Average: ₱0.5877
6 out of 20 participants or 30.00% of all participants registered a 100% BUYING activity
3 out of 20 participants or 15.00% of all participants registered a 100% SELLING activity
Should You Buy, Hold, or Sell Alliance Select Foods Int’l?
Do you have Alliance Select Foods Int’l in your portfolio already?
There’s no buy signal confirmation for FOOD 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 Alliance Select Foods Int’l yet but are you planning to do a test-buy?
There’s no buy signal confirmation for FOOD yet. Wait for both 10SMACD and Momentum Power Indicator to become bullish before you entertain the idea of doing a test-buy on FOOD.
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