ACE Enexor Analysis: February 5, 2020

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ACE Enexor Analysis- February 5, 2020

ACE Enexor (PSE:ACEX) closed at ₱7.77 per share as of 03:30 PM GMT+8 on February 5, 2020. It went up by 2.24 percent.

The Total Turnover Value was ₱1,554,312.00. The local traders were the main drivers of ACE Enexor today.

Foreign investors registered a Net Foreign Selling worth ₱75,542.00. They are net sellers year-to-date, but their participation is insignificant.

The immediate support is near ₱6.40, while the immediate resistance is near ₱10.25.

Our 10SMACD combo is bearish.

ACEX’s risk level is low due to its historical volatility score of 37.08 percent.

ACE Enexor Analysis - Daily Chart EOD - 2.5.2020

Trade-Volume Distribution Analysis

Last Price: ₱ 7.77
VWAP: ₱7.82634
Dominant Range: ₱7.6 – ₱7.77

The Momentum Power Indicator of ACE Enexor is bearish.

ACE Enexor Analysis - Trade Volume Distribution EOD - 2.5.2020

True Market Sentiment – EOD

True Market Sentiment on ACEX as of Feb-05-2020 at 03:30PM with a last price of ₱7.770
True Market Sentiment: NEUTRAL
5 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: ₱7.7243
Top 10 Players’ Selling Average: ₱7.8305
Bonus Info:
6 out of 15 participants or 40.00% of all participants registered a 100% BUYING activity
4 out of 15 participants or 26.67% of all participants registered a 100% SELLING activity

ACE Enexor Analysis - True Market Sentiment EOD - 2.5.2020

Should You Buy, Hold, or Sell ACE Enexor?

Do you have ACE Enexor in your portfolio already?

There’s no buy signal confirmation for ACEX 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 ACE Enexor yet but are you planning to do a test-buy?

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

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.