Jaycee De Guzman
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AgriNurture, Inc. (PSE:ANI) is priced at ₱13.86 per share as of 03:30 PM GMT+8 on December 2, 2019. It is down by 0.72 percent.

The Total Turnover Value is at ₱4,462,882.00. The local traders are the main drivers of ANI today.

Foreign investors registered a Net Foreign Buying worth ₱4,250,738.00. They are net sellers year-to-date, but their participation is insignificant.

The immediate support is near ₱12.50, while the immediate resistance is near ₱15.00.

My 10SMACD combo is bearish.

ANI’s risk level is low due to its historical volatility score of 24.33 percent.

Trade-Volume Distribution Analysis

Last Price: ₱ 13.86
VWAP: ₱13.87712
Dominant Range: ₱13.86 – ₱13.88

The Momentum Power Indicator of ANI is bullish because all 4 of 4 elements are bullish.

True Market Sentiment – EOD

True Market Sentiment on ANI as of Dec-02-2019 at 03:30PM, with a last price of ₱13.860
True Market Sentiment: BEARISH
3 of the top 10 brokers registered a positive Net Amount
4 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱13.8511
Top 10 Players’ Selling Average: ₱13.7926
Bonus Info:
3 out of 10 participants or 30.00% of all participants registered a 100% BUYING activity
6 out of 10 participants or 60.00% of all participants registered a 100% SELLING activity

Recommendations

Do you have ANI in your portfolio already?

As long as your trailing stop is still below the current price, continue holding it. If you’re a newbie trader, don’t average down yet because there’s no confirmed buy signal yet. Even if the Momentum Power Indicator is bullish, the 10SMACD is still bearish. You have the option to top-up within the dominant range if you can monitor the market intraday; otherwise, wait for the 10SMACD to become bullish. Bear in mind that the True Market Sentiment today is bearish. There’s a strong possibility for the 7 bearish members of the top 10 brokers today to influence the only 3 that are bullish.

You don’t have ANI yet but are you planning to enter a new position?

If you are an experienced trader and can monitor the market intraday, you can do a test-buy within the dominant range of the Trade and Volume Distribution. Before you do that, I advise that you calculate your reward-to-risk ratio first. You can use my calculators under the Tools sub-menu of the Resources menu on our website.

Please don’t ignore the fact that I don’t see any bullish convergence between the -DMI and +DMI yet. ANI is buried below many resistance levels.

It’s better if you’re a subscriber of Equilyst Analytics so we can guide you further. When you’re our subscriber, you can ask us for our latest analysis and recommendation in our Private Clients Forum as trading happens.

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