Cemex Holdings Philippines (PSE:CHP) seems to be trading inside a rectangle with a support near 10.90 and a resistance near 11.90.
A possible reversal candle was recorded yesterday but was not confirmed today. CHP is signaling that it may continue to move lower.
The possible support could also appear at 11.06. The stock is also approaching the 61.8 percent Fibonacci line from its recent run-up since this early January 2017.
As of January 18, 2017, at 03:30PM, the volume is 100.00% of the previous trading day.
Online Foreign Brokers
From January 3, 2017 to January 19, 2017, 10 out of 11 active online foreign brokers traded CHP.
Online foreign brokers’ Buy Average: PHP11.51
Online foreign brokers’ Sell Average: PHP11.60
Number of net buyers among the participating online foreign brokers: 4 out of 10
MORGAN bought the biggest number of shares among online foreign brokers amounting to PHP471,369,492.00.
MORGAN sold the biggest number of shares among online foreign brokers amounting to PHP380,914,240.00.
Top 10 Players’ Sentiment
Participants with a 100% Buying and Selling Activity from Jan-03-2017 to Jan-19-2017 at 03:30PM:
4 out of 96 participants or 4.17% of all participants registered a 100% BUYING activity
35 out of 96 participants or 36.46% of all participants registered a 100% SELLING activity
Top 10 Players’ Buying Average: 11.6009
Top 10 Players’ Selling Average: 11.6571
Foreign Fund Flow
On a 30-day trading period, CHP is on a Net Foreign Buying worth PHP546,043,952.00.
CHP 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.
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