Free Stock Analysis - Stock Signals Philippines

East West Banking Corporation (PSE:EW) is consolidating inside a small range with the upper limit at 20.11 and the lower limit at 19.70. However, the price now is below the 15 EMA and 20 SMA and it must trade above those lines to resume an uptrend. If there would be a slide further, the next possible support is at 19.21 or either the 50 SMA or 200 SMA. Volume has significantly dropped suggesting consolidation. The RSI is still pointing lower and not oversold yet. The MACD also appears bearish.

EW is currently trading at 9.33x annualized 2016 P/E and at 0.88 Price to Book. The stock appears to be undervalued.

EW - Daily Chart - March 2, 2017

Volume

As of March 1, 2017, at 03:30PM, the volume is 5.67% of the previous trading day.

EW - East West Banking Corporation - Volume - March 1, 2017

Online Foreign Brokers

From January 19, 2017 to March 1, 2017, 8 out of 11 active online foreign brokers traded EW.
Online foreign brokers’ Buy Average: PHP19.89
Online foreign brokers’ Sell Average: PHP19.69
Number of net buyers among the participating online foreign brokers: 7 out of 8
CLSA bought the biggest number of shares among online foreign brokers amounting to PHP117,410,100.00.
CLSA sold the biggest number of shares among online foreign brokers amounting to PHP79,022,018.00.

EW - East West Banking Corporation - Online Foreign Brokers' Transactions - March 1, 2017

Top 10 Players’ Sentiment

Participants with a 100% Buying and Selling Activity from Jan-19-2017 to Mar-01-2017 at 03:30PM:

15 out of 75 participants or 20.00% of all participants registered a 100% BUYING activity
19 out of 75 participants or 25.33% of all participants registered a 100% SELLING activity
Top 10 Players’ Buying Average: 22.1985
Top 10 Players’ Selling Average: 19.7921

EW - East West Banking Corporation - Top 10 Players Sentiment - March 1, 2017

Foreign Fund Flow

On a 30-day trading period, EW is on a Net Foreign Buying worth PHP17,845,043.00.

EW - East West Banking Corporation - Foreign Fund Flow - March 1, 2017

Risk Level

EW is a low-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.

EW - East West Banking Corporation - Risk Level - March 1, 2017

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