Boulevard Holdings, Inc (BHI) – Analysis – March 17, 2017

Boulevard Holdings, Inc. (PSE:BHI) had broken out of short-term resistance at 0.068. The stock closed above 50 percent of the candle’s body. Monitor to see if the momentum can be sustained. The 15 EMA and 20 SMA are already bullish and may soon cross the 50 SMA. Yesterday’s volume was significant.

The MACD is also bullish. The RSI is pointing up and is not at overbought conditions. No divergences are spotted. The support is estimated at 0.068 while the resistance is expected at 0.074 first followed by 0.076.

BHI - Daily Chart - March 16, 2017

BHI has incurred a net loss for the 9-month ended September 30, 2016 so P/E cannot be computed. The stock is only trading at 0.49x Price to Book value, which is quite undervalued.

Volume

As of March 16, 2017, at 03:30PM, the volume is 1,879.95% of the previous trading day.

BHI - Boulevard Holdings, Inc - Volume - March 16, 2017

Online Foreign Brokers

From February 2, 2017 to March 16, 2017, 2 out of 11 active online foreign brokers traded BHI.
Online foreign brokers’ Buy Average: PHP0.068
Online foreign brokers’ Sell Average: PHP0.068
Number of net buyers among the participating online foreign brokers: 1 out of 2
ATR bought the biggest number of shares among online foreign brokers amounting to PHP447,780.000.
HDI sold the biggest number of shares among online foreign brokers amounting to PHP1,518,740.000.

BHI - Boulevard Holdings, Inc - Online Foreign Brokers Transactions - March 16, 2017

Top 10 Players’ Sentiment

Participants with a 100% Buying and Selling Activity from Feb-02-2017 to Mar-16-2017 at 03:30PM:

14 out of 77 participants or 18.18% of all participants registered a 100% BUYING activity
9 out of 77 participants or 11.69% of all participants registered a 100% SELLING activity
Top 10 Players’ Buying Average: 0.0741
Top 10 Players’ Selling Average: 0.0668

BHI - Boulevard Holdings, Inc - Top 10 Players Sentiment - March 16, 2017

Foreign Fund Flow

On a 30-day trading period, BHI is on a Net Foreign Buying worth PHP615,070.000.

BHI - Boulevard Holdings, Inc - Foreign Fund Flow - March 16, 2017

Risk Level

BHI is a medium-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.

BHI - Boulevard Holdings, Inc - Risk Level - March 16, 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.

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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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