Alliance Select Foods Inc. (FOOD) Analysis – January 24, 2017

Alliance Select Foods Inc. (PSE:FOOD) broke out yesterday, January 23, 2017. It gapped up from the previous high of P0.93.

FOOD, however, was not able to close strong as it gave up some of its rally in the afternoon. Today, FOOD has closed the gap and is finding support near P0.92. That price point also stands as its 100-day SMA.

If it breaks below that support line, P0.89 will act as its next support. FOOD’s resistance is now at P0.96 and it’s acting as a precursor to P0.99.

Alliance Select Foods Inc (FOOD) - Chart - January 24, 2017


As of January 24, 2017, at 03:30PM, the volume is 35.79% of the previous trading day.

FOOD - Alliance Select Foods - Volume - January 24, 2017

Online Foreign Brokers

From January 3, 2017 to January 24, 2017, 2 out of 11 active online foreign brokers traded FOOD.
Online foreign brokers’ Buy Average: PHP0.93
Online foreign brokers’ Sell Average: PHP0.93
Number of net buyers among the participating online foreign brokers: 0 out of 2
ATR bought the biggest number of shares among online foreign brokers amounting to PHP586,640.00.
ATR sold the biggest number of shares among online foreign brokers amounting to PHP702,050.00.

FOOD - Alliance Select Foods - Online Foreign Brokers' Transactions - January 24, 2017

Top 10 Players’ Sentiment

Participants with a 100% Buying and Selling Activity from Jan-03-2017 to Jan-24-2017 at 03:30PM:

9 out of 51 participants or 17.65% of all participants registered a 100% BUYING activity
10 out of 51 participants or 19.61% of all participants registered a 100% SELLING activity
Top 10 Players’ Buying Average: 1.0261
Top 10 Players’ Selling Average: 0.9263

FOOD - Alliance Select Foods - Top 10 Players' Sentiment - January 24, 2017

Foreign Fund Flow

On a 30-day trading period, FOOD is on a Net Foreign Buying worth PHP42,300.00.

FOOD - Alliance Select Foods - Foreign Fund Flow - January 24, 2017

Risk Level

FOOD is a moderate-risk stock based on our proprietary risk level indicator. Please don’t take this as an absolute indicator of a stock’s risk level. We advise that you calculate your personal reward-to-risk ratio.

FOOD - Alliance Select Foods - Risk Level - January 24, 2017

Do you find this analysis helpful? Please let us know your thoughts by commenting below. It might seem insignificant, but it helps more than what you might think.

About the Author
The Stock Signals Philippines is the online news media arm of Equilyst Analytics. Inc., an SEC-registered stock market consultancy firm in the Philippines that guides Filipinos on long-term investing and short-term trading and offers mentoring services.

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