- Philippine Stock Exchange Index: Will End 2019 Between 7400 and 7500? - December 18, 2019
- CROWN Stock Analysis: Trade the Range or Wait for a Breakout? - December 17, 2019
- PIP Stock Analysis: Is It Still Good to Buy Pepsi Despite the Tender Offer? - December 17, 2019
D and L Industries, Inc. (PSE:DNL) closed at ₱9.1 per share as of 03:30 PM GMT+8 on December 16, 2019. It went up by 3.41 percent.
The Total Turnover Value was ₱46,639,970.00.
Foreign investors registered a Net Foreign Buying worth ₱6,665,531.00. They are net sellers year-to-date.
The immediate support is near ₱8.31, while the immediate resistance is near ₱9.30.
Our 10SMACD combo is bullish.
DNL’s risk level is low due to its historical volatility score of 34.47 percent.
Trade-Volume Distribution Analysis
Last Price: ₱ 9.1
Dominant Range: ₱9.09 – ₱9.12
The Momentum Power Indicator of DNL is bullish because all 4 of 4 elements are bullish.
True Market Sentiment – EOD
True Market Sentiment on DNL as of Dec-16-2019 at 03:30PM, with a last price of ₱9.10
True Market Sentiment: BEARISH
3 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: ₱9.0842
Top 10 Players’ Selling Average: ₱9.0825
3 out of 29 participants or 10.34% of all participants registered a 100% BUYING activity
12 out of 29 participants or 41.38% of all participants registered a 100% SELLING activity
True Market Sentiment – MTD
True Market Sentiment on DNL from Dec-02-2019 to Dec-16-2019 at 03:30PM, with a last price of ₱9.10
True Market Sentiment: NEUTRAL
5 of the top 10 brokers registered a positive Net Amount
8 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱8.6109
Top 10 Players’ Selling Average: ₱8.6328
6 out of 49 participants or 12.24% of all participants registered a 100% BUYING activity
13 out of 49 participants or 26.53% of all participants registered a 100% SELLING activity
Do you have DNL in your portfolio already?
You may top up within the dominant range since both 10SMACD and Momentum Power Indicator are bullish. Do an upward adjustment on your trailing stop every time the prevailing price of DNL goes higher. Today’s bearish True Market Sentiment signifies the possibility for the support near ₱8.31 to be re-tested tomorrow. Hence, it’s all the more that you should keep an eye on your trailing stop.
You don’t have DNL yet but are you planning to enter a new position?
You may do a test-buy within the dominant range. Please identify your trailing stop as soon as your test-order is executed.
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.
📌 ONLINE STOCK MARKET COURSE
✅ Lesson 1: how to find the stocks that you should add in your watchlist
✅ Lesson 2: how to check if the current trend is more than likely to continue
✅ Lesson 3: how to know the true market sentiment
✅ Lesson 4: how to identify a confirmed buy signal
✅ Lesson 5: how to identify the best price range to trade
✅ Lesson 6: how to sell more logically and less emotionally
📌 SUBSCRIPTION SERVICE
✅ You get a video with 10 trade ideas by the end of each trading day.
✅ You can access our investment guide for long-term investing.
✅ You can ask us any question in our Private Clients Forum.
✅ You can ask us to check your analysis, based on what you’ve learned from us, in our Study Room.
✅ Earn a 20% commission from every successful referral through our Learn-and-Earn Affiliate Program
✅ You get a free account with First Metro Securities and a 2-month free access to FirstMetroSec PRO.