Trading the Philippine Stock Market

[istoryamember]

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Philippine Stock Market – Update on selected stocks 04/13/2018

2GO, AC, AGI, ALCO, ALI, ANI, APL, BDO, BEL, BHI, BLOOM, BPI, BRN, CEB, CEI, CLI, COSCO, CPG, DD, DNL, FLI, GERI, IMI, JFC, LR, LTG, MAXS, MPI, MRC, NOW, PGOLD, PIZZA, PXP, RWM, TUGS, VITA

2GO - went as high as 21.70 per share last week but the rally was short-lived as it plunged by 6.7% week on week. Support slope provides the support it needed but the stock looks weaker. Immediate resistance is at 19.13 per share.

AC - up by 4% last week but the stock still shows bearish bias.

AGI - while we see a weak bullish signal via Tenkan Sen / Kijun Sen Cross, we also see a Bearish Doji. If the Doji will be confirmed early this week, price will drop and the weak bullish signal coming from the "sen" lines may be broken. Otherwise it will continue to rise and a reversal will happen. Resistance is at 14.75 per share.

ALCO - bears continue to dominate the field.

ALI - sideways with bearish bias.

ANI - no significant bullish or bearish signal. Price may continue to move sideways.

APL - a pull towards 0.056 per share may happen this week. Support is at 0.048 per share.

BDO - after successive drop and failed bounce 2 weeks ago, will the bulls could pull this off this time? Based on last week's movement, bulls are gaining control. RSI or Relative Strength Index is at 39 coming from 33. This means that there are now more buyers than sellers. Test buy at current level or at 134

BEL - bears won the battle last week as it push the price below the Kumo. This is a Bearish Kumo Break. Will the bulls be able to turn the tide? Resistance at 3.50 per share.

BHI - bears are in control. Down by 7.8% to close at 0.059 per share. Price may continue to drop and seek support at 0.05 per share.

BLOOM - Kijun Sen line was able to attract the price to come towards 12.05 per share. It even pierced through the line at some point but buyers where able to bring the price up a little as it closed at 12.90 per share. But the threat of KSL is still there so be careful.

BPI - support was strong last week. Price may move sideways with bullish bias.

BRN - sideways with bullish bias

CEB - sideways with bullish bias

CEI - resistance was strong last week and price may continue to drop this week as we don't see any green signal.

CLI - sideways movement seen this week.

COSCO - bears are currently in control. There might be a spike but 7.30 resistance will be there to stop the spike.

CPG - close at the high. There might be a continuation this week with resistance seen at 0.52 per share and 0.61 per share.

Read more Philippine Stock Market – Update on selected stocks 04/13/2018 | Philippine Stock Market

[WebsaytNimo]

Update on this small project of mine...
FINALLY - ako na nacompute ang EMA ug MACD!
it turns out, i have been using the correct formula all along.
i just need to use MORE data for the sample size.
last time man gud, when I was computing for EMA 12-day period for example, ako rang gikuha ang stock prices for the 12 most recent dates.
then somebody shared this to me Moving Averages - Simple and Exponential [ChartSchool]

The formula for an EMA incorporates the previous period's EMA value, which in turn incorporates the value for the EMA value before that, and so on. Each previous EMA value accounts for a small portion of the current value. Therefore, the current EMA value will change depending on how much past data you use in your EMA calculation. Ideally, for a 100% accurate EMA, you should use every data point the stock has ever had in calculating the EMA, starting your calculations from the first day the stock existed. This is not always practical, but the more data points you use, the more accurate your EMA will be. The goal is to maximize accuracy while minimizing calculation time.

so that had been my problem, and the reason why my computations I previously shared, were always off by a few decimals or worse, by a whole number.
so nacompute na nako ang EMA26, EMA12, which are needed to compute the MACD, and the MACD 9-day signal line below:

And these values are identical to the ones from the PSE website. Wohooo!

So far, akong nacompute are as follows:
SMA
EMA
MACD

I will still work on the following
RSI
OBV

Then the idea, when these indicators satisfy certain criteria (nga ikaw ang mag-set), an SMS or email alert will be sent.
akong nahimo pa lang so far are MA50>MA200 or MA200>MA50 etc - basta using any of those available indicators (MA, MACD, RSI, OBV),

So let me know guys if naa gihapoy interesado mag beta tester.

[jackdi]

PSEi today .... 7590 na!

[Nostradamus]

PSEi today .... 7590 na!

Daghang nangapiit sa NOW.. wla na jud kabalik.. ^_^
ang Vita ni saka last 2 days.. pero naog nasad.

[*sludge*]

Daghang nangapiit sa NOW.. wla na jud kabalik.. ^_^
ang Vita ni saka last 2 days.. pero naog nasad.

lisud buak sa 3.91 VITA.

[Nostradamus]

lisud buak sa 3.91 VITA.

as of 11:04 krn vita 3.74.. mag buhusan napod ni unya b4 manira tindahan.. hehe

[noboss]

okay lang bisag down index. + gyapun atua portfolio. play the individual stock and stick to the leaders

[istoryamember]

Philippine Stock Market – Update on selected stocks 04/13/2018

2GO, AC, ALI, ANI, BEL, BLOOM, BPI, BRN, CEB, CLC, DD, DNL, EAGLE, EEI, EW, IMI, ISM, JFC, JGS, LPZ, MAXS, MBT, MEG, MPI, MRC, NOW, PIZZA, PXP, VITA



2GO - got a good support from 16 per share but bulls are still not in control. There might be a spike following last week's action but is not enough to make a reverse.

AC - continues to move sideways within the bounds of Kumo with bearish bias.

ALI - may continue to consolidate within current trading range.

ANI - may continue to move towards 15 per share level. Support is at 14 per share.

BEL - bears continue to dominate. Although the stock is oversold, we don't see strong bullish push at this time.

BLOOM - found support at 12 per share but no bullish signal found yet. This support area is interesting as you notice few actions on this area historically.

BPI - bears are currently in control. Resistance is at 105 per share.

BRN - we saw two weak bullish signals and this could be a a fuel for bulls to push the price some more. Resistance is at 1.20 per share

CEB - RSI or Relative Strength Index is at 21 which means the stock is already oversold but we don't see any bullish signal yet.

CLC - may continue to move up towards 7.42 per share where Kijun Sen line lies horizontally.

DD - sideways with bearish bias.

DNL - sideways with bearish bias.

EAGLE - registered a bullish signal via Kumo Break last week. Support is at 15.35 in case a test will happen. Bulls are currently in control.

EEI - sideways with bullish bias.

EW - may continue to drop if 16 per share will not hold. Next support is at 14 per share.

IMI - may continue to drop and find support at 14.56 per share

ISM - Doji candlestick wasn't confirmed last week which means the bears are still in control. Price may drop towards 1.3 per share.

JFC - threat from Kijun Sen line at 272.8 per share may pull the price down.

JGS - sideways with bullish bias. Current range is at 64.26 - 58.05 per share.

LPZ - has been descending for quite sometime now but no bullish signal has been found. Sellers continue to sell even at oversold level. Interesting to note is that it is near the 4.50 per share support. Test buy if you see a bullish candlestick signal.

LR - hovering above the Kumo which acts as support. While there is no bullish signal, this stock may move sideways for now.

MAXS - may still drop towards 14 per share. Test buy when it hits there or when you see a bullish candlestick signal. RSI or Relative Strength Index is at 9.6

MBT - sideways with bearish bias.

MEG - currently supported by Kumo and 61.8% Fibonacci Retracement level. Will this be a good bouncing board for MEG?

Read more Philippine Stock Market – Update on selected stocks 04/27/2018 | Philippine Stock Market

[WebsaytNimo]

Update on this stocks automated alarm tool I am building...

I mentioned previously that I have already computed MA, EMA, and MACD so far.
So I am now testing the alarm in the real market.
I was looking a prospect stock to buy (good volume, price, and indicator values I have computed so far).
And I found MBT (Metrobank).

See screenshot below from the app I am building:
https://www.screencast.com/t/QLQpOXv0

So as you see there, I set an alarm when MA(50) approaches or at a percentage of MA(200), EMA(12) approaches EMA(26), and MACD approaches the MACD Signal Line.
I set these alarm conditions based from what I have read so far on these basic indicators.
So the idea is, when these conditions are met, the app which runs every minute will send me an SMS and email alert telling me the set conditions are met.
If majority or if all of these conditions are met, that will be my signal to buy MBT.
But of course, I need to manually review the chart before doing the actual buy.
I have set aside some funds in my BDO Nomura so I would have readily accessible balance when this happens.

Will keep you updated guys on how it goes.

I will continue development for the other 2 indicators left (RSI and OBV) when I have some free time, probably weekends.

If you have suggestions, corrections, or questions about the tool, please let me know.
If there are also people who are interested in becoming a beta tester for the app when it is ready, please let me know too.

[Nostradamus]

Nindot ipalit sa JFC ug SM.. ubos kaayo ang price.. para nig saka balik daog nah..

kwarta ray wla.. hahaha ^_^