Tag Archives: rsi

Philippine Stock Market – Update on selected stocks 9/23/2016

Philippine Stock Market

ALI – went up by 5.3% to close at 39 per share last week but the last two trading days last week we saw weakening of the bulls. This might lead to a sideways movement. Kijun Sen line was instrumental

Philippine Stock Market – Update on selected stocks 7/1/2016

stock market

ABS – looks like it found a bottom last week. Will it be able to break the 48.8 per share barrier? AGI – bulls have gained control last Friday with the help of Senkou Span A which acts as support.

Philippine Stock Market – Update on selected stocks 4/22/2016

Philippine Stock Market

2GO – went up by 12.3% to close at 8.20 per share last week. Onward to complete cup formation. AGF – two contradicting candlesticks for the past two weeks tells us that the stock may continue to move sideways for

Philippine Stock Market – Update on selected stocks 2/19/2016

stock market

PSEi – weekly chart shows index is currently at the resistance slope. Will it be able to break from it? As of now we don’t see any bearish candlestick which means bulls are still in control. Should the slope be

Philippine Stock Market – Update on selected stocks 1/29/2016

philippine stock market

PSEi – index bounced after it touched the 78.6% Fibonacci Retracement level 2 weeks ago. Last week it went up by 7.7% to close at 6687.62. Notice on its weekly chart the movement of index. As you can see it

Philippine Stock Market – Update on selected stocks 1/15/2016

Philippine Stock Market

ANI – may have found resistance at 4.30 per share last Friday. It went up as high as 4.45 per share but the bears were able to control the price at the closing. Chikou Span continue move below the price

Philippine Stock Market – Update on selected stocks 12/11/2015

stock market

PSEi – the resistance slope together with the Kijun Sen line has been a strong resistance for the index. Notice on weekly chart how it prevented the price from moving up. As of now there is no bullish candlestick formation

Philippine Stock Market – Update on selected stocks 11/06/2015

stock market

2GO – the bulls spent the week trying to break the Kijun Sen line but wasn’t successful. Notice how the line resisted price from moving upward. This week could be vital for the stock since the area is too narrow.

Philippine Stock Market – Update on selected stocks 10/16/2015

stock market

2GO – after touching the Kijun Sen line on weekly chart, bears start to creep in. The support slope is still there to prevent the price from moving down. The possibility of creating the Cup is still there so just

Overbought and Oversold stocks as of 9/24/2015

relative strength index (RSI)

List of stocks on over bought level Ticker Close RSI(10) ION 3.1200 89.55 LIB 2.8700 73.62 MVC 5.3400 71.31 OV 0.0120 77.48 PRMX 8.3500 78.25 PSB 100.0000 71.37 PTC 150.0000 87.29 RCI 2.8000 74.57 SBS 7.1100 73.76 SPH 2.2800 72.93

Philippine Stock Market – Update on selected stocks 09/24/2015

stock market

AC – weekly chart shows bearish signal via Kijun Sen Cross and Chikou Span moving below the price. Is it another lower high for AC? AGI – stronger bears bringing the price back to its support area at 18.00 per

Philippine Stock Market – Update on selected stocks 09/18/2015

philippine stock market

AC – weekly chart shows a bullish signal via Kijun Sen Cross when price broke the resistance at 759.25. This price is now our immediate support ACR – registered a weak bullish signal last Friday after it went up by

Overbought and Oversold stocks as of 9/18/2015

relative strength index (RSI)

The Relative Strength Index (RSI) is a technical indicator used in the analysis of financial markets. It is intended to chart the current and historical strength or weakness of a stock or market based on the closing prices of a

Philippine Stock Market – Update on selected stocks 09/11/2015

Philippine Stock Market

AGF – may continue to slowly move up after it hit 261.8% Fibonacci Retracement level few weeks ago. AGI – sideways but bears are calling the shots. Kijun Sen line is moving horizontally but will soon bend ALI – went

Philippine Stock Market – Update on selected stocks 08/04/2015

stock market

AGI – weekly chart shows some bullish sentiment after a green candlestick showed at the end of the week. Possible rise to 22 – 23. RSI or Relative Strength Index is at 32.27 ALI – may move sideways after it

Oversold stocks as of Sept 4, 2015

philippine stock market

List of stocks considered oversold based on Relative Strength Index or RSI (10) Ticker Close RSI(10) AT 4.2500 29.35 BHI 0.0620 27.70 CEI 0.1020 25.92 CIC 42.5000 12.24 DMPL 10.6400 27.92 HI 5.9500 25.84 ICT 90.8500 26.52 LIHC 0.5700 13.37

Philippine Stock Market – Update on selected stocks 09/03/2015

CROWN

ALI – sits at the support provided by the Kijun Sen line. So far the support is holding and price may move sideways with bullish bias unless it will break the support at the end of the day BDO –

Philippine Stock Market – Update on selected stocks 08/20/2015

AYALA LAND INC

AC – daily chart: after bouncing for few days after hitting the support slope, AC fell by 2.1% touching again the support. This time we feel the bears more than the bulls. Lets be on defensive unless bullish candlestick pattern

CALATA bounced after hitting support level

Calata Corporation

CAL went up by 11.9% last week to close at 3.75 per share. Notice how it bounce after hitting the the previous low registered last May. Based on its daily chart, new support is 3.61 and resistance at 3.92 where

Hammer at the support line. Will it bounce?

AG FINANCE INCORPORATED

AGF went down to as low as 3.45 per share last week but was able to regain and looks like the bulls is about to take control. This sentiment is shown via the Hammer we can see at the support

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