Jaycee De Guzman
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Cemex Holdings Philippines, Inc. (PSE:CHP) closed at ₱2.19 per share as of 03:30 PM GMT+8 on December 16, 2019. It went up by 2.82 percent.

The Total Turnover Value was ₱2,113,820.00. The local traders were the main drivers of CHP today.

Foreign investors registered a Net Foreign Selling worth ₱658,640.00. They are net buyers year-to-date.

The immediate support is near ₱2.10, while the immediate resistance is near ₱2.70.

Our 10SMACD combo is bearish.

CHP’s risk level is low due to its historical volatility score of 37.38 percent.

Trade-Volume Distribution Analysis

Last Price: ₱ 2.19
VWAP: ₱2.17248
Dominant Range: ₱2.16 – ₱2.19

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

True Market Sentiment – EOD

True Market Sentiment on CHP as of Dec-16-2019 at 03:30PM, with a last price of ₱2.190
True Market Sentiment: NEUTRAL
6 of the top 10 brokers registered a positive Net Amount
5 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱2.1743
Top 10 Players’ Selling Average: ₱2.1727
Bonus Info:
6 out of 19 participants or 31.58% of all participants registered a 100% BUYING activity
5 out of 19 participants or 26.32% of all participants registered a 100% SELLING activity

True Market Sentiment – MTD

True Market Sentiment on CHP from Dec-02-2019 to Dec-16-2019 at 03:30PM, with a last price of ₱02.190
True Market Sentiment: NEUTRAL
4 of the top 10 brokers registered a positive Net Amount
6 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱2.1918
Top 10 Players’ Selling Average: ₱2.1838
Bonus Info:
22 out of 55 participants or 40.00% of all participants registered a 100% BUYING activity
11 out of 55 participants or 20.00% of all participants registered a 100% SELLING activity

Recommendations

Do you have CHP in your portfolio already?

If you are following the Evergreen Strategy, we would assume that you are not holding any shares of CHP anymore since it hasn’t been moving above 10-day Simple Moving average for almost a month. Don’t enter a new position until the 10SMACD and Momentum Power Indicator become bullish.

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

Wait for 10SMACD to be bullish and Momentum Power Indicator remains bullish before doing a test-buy. Today’s green candlestick is not enough for the 10SMACD and Momentum Power Indicator to become bullish. Did you notice CHP’s diminishing daily volume since September 2019?

If you’re one of our subscribers, ask for our latest analysis and recommendation in our Private Clients Forum when you notice a significant change in price or volume.

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