Alliance Select Foods Int’l Analysis: February 5, 2020

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Alliance Select Foods Int'l Analysis- February 5, 2020

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.

Alliance Select Foods Int'l Analysis - Daily Chart EOD - 2.5.2020

Trade-Volume Distribution Analysis

Last Price: ₱ 0.57
VWAP: ₱0.58274
Dominant Range: ₱0.56 – ₱0.58

The Momentum Power Indicator of Alliance Select Foods Int’l is bearish.

Alliance Select Foods Int'l Analysis - Trade Volume Distribution EOD - 2.5.2020

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
Bonus Info:
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

Alliance Select Foods Int'l Analysis - True Market Sentiment EOD - 2.5.2020

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.

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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