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IDC, SCC, LRW – Free Analysis – December 7, 2017

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Italpinas Development Corporation (IDC) is trying to reverse its downtrend today. The 15 EMA, however, is still acting as stiff resistance. Volume on the green candle today isn’t that strong as well. MACD is bearish and is not reversing yet. RSI is at neutral levels. Support is estimated at 9.72 while resistance at 11.20 followed by 11.58.

IDC - Intraday Chart - December 7, 2017

Price-Volume Distribution

Majority of the volume was recorded at price 10.70. Majority of the trades were recorded at the same level. Current price is at 10.60. This means that 10.70 is a significant level and may act as resistance intraday.

IDC - Price Volume Chart Intraday - December 7, 2017

Semirara Mining and Power Corporation (SCC) is spiking up today but has not breached our estimated resistance to at least form a higher high in the short term. Price was able to move above the short-term moving averages. The 15 EMA is poised for a bullish crossover with the 20 SMA as well. Volume however on the green candle today isn’t that strong. MACD is turning bullish. RSI is also bullish but is currently at neutral levels.  Support is estimated at 37.20 followed by 35.76. Resistance is expected at 38.15.

SCC - Intraday Chart - December 7, 2017

Price-Volume Distribution

Majority of the volume was recorded at price 38.00. Majority of the trades were recorded at the same level. Current price is at 37.80. This means that 38.00 is a significant level and may act as resistance intraday.

SCC - Price Volume Chart Intraday - December 7, 2017

Leisure and Resorts Warrants broke above resistance today. The 15 EMA and 20 SMA are pointing upwards and are poised for a bullish crossover with the 50 SMA. Volume is the staircase and supports a bullish outlook. MACD is bullish. RSI has just hit overbought levels today. Support is estimated at 2.63 while resistance is expected at 2.81.

LRW - Intraday Chart - December 7, 2017

Price-Volume Distribution

Majority of the volume was recorded at price 2.65. Majority of the trades were recorded at the same level. Current price is at 2.80. This means that 2.65 is a significant level and may act as support or resistance intraday.

LRW - Price Volume Chart Intraday - December 7, 2017

This intraday analysis is the free version of our premium Daily Stock Analysis service.  Our premium analysis has these components:

  1. Technical Analysis
  2. Fundamental Analysis
  3. Volume Analysis
  4. Foreign Fund Flow Analysis
  5. Online Foreign Brokers Transaction Analysis
  6. Top 10 Players Analysis
  7. Price-Volume Distribution Analysis
  8. Risk Level Analysis
  9. Analyst’s Overall Sentiment

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Related Post(s)

Italpinas Development Corp (IDC) – Analysis – 30 April 2018 Italpinas Development Corp (IDC) booked a net income of PHP59.90 million for the year ended December 31, 2017. This translates to an EPS of 0.27 and a...
Semirara Mining Corp (SCC) – Analysis – 2 April 2018 Semirara Mining Corp (SCC) booked a net income of PHP12,040.67 million in 2016. This translates to an Earnings Growth of 18.72 percent and a Return on...
Italpinas Development Corp (IDC) – Analysis – 2 April 2018 Italpinas Development Corp (IDC) booked a net income of PHP22.84 million for the first 9 months of 2017. This translates to an EPS of 0.10 and an annu...
Italpinas Development Corp (IDC) – Analysis – 19 March 2018 Italpinas Development Corp (IDC) booked a net income of PHP22.84 million for the first 9 months of 2017. This translates to an EPS of 0.10 and an annu...

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