The Bank of the Philippine Islands (PSE:BPI) appears to be toppish in the short term after rising from 88.70 last December.
Its 15-day EMA has crossed the 20-day SMA, signifying bullishness. The stock has made a newer high and hasn’t made a lower low in the past 2 weeks. That is a sign of bullishness.
Its 50-day SMA has acted as a resistance so far. The best thing to do, as PSEi is also locking in gains, is to wait for a pullback at the Fibonacci levels or around the 15-day EMA, which is between P90-91 per share.
The volume during up days is also significantly higher than volume during down days.
As of January 11, 2017, at 03:30PM, volume is 69.14% of the previous trading day.
Online Foreign Brokers
From January 3, 2017 to January 12, 2017, 9 out of 11 active online foreign brokers traded BPI.
- Online foreign brokers’ Buy Average: PHP91.38
- Online foreign brokers’ Sell Average: PHP91.69
- Number of net buyers among the participating online foreign brokers: 6 out of 9
- UBS bought the biggest number of shares among online foreign brokers amounting to PHP234,476,889.00.
- UBS sold the biggest number of shares among online foreign brokers amounting to PHP165,072,346.00.
Top 10 Players’ Sentiment
Participants with a 100% Buying and Selling Activity from Jan-03-2017 to Jan-12-2017 at 03:30PM:
- 12 out of 73 participants or 16.44% of all participants registered a 100% BUYING activity
- 15 out of 73 participants or 20.55% of all participants registered a 100% SELLING activity
- Top 10 Players’ Buying Average: 91.1516
- Top 10 Players’ Selling Average: 91.5144
Foreign Fund Flow
On a 30-day trading period, BPI is on a Net Foreign Selling worth PHP508,683,420.00.
BPI is a low-risk stock based on our proprietary risk level indicator.
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