Jaycee De Guzman
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San Miguel Food and Beverage, Inc. (PSE:FB) is priced at ₱89 per share as of 03:30 PM GMT+8 on December 5, 2019. It is down by 0.4474 percent.

The Total Turnover Value is at ₱7,206,055.00. The local traders are the main drivers of FB today.

Foreign investors registered a Net Foreign Selling worth ₱3,347,240.00. They are net sellers year-to-date.

The immediate support is near ₱85.00, while the immediate resistance is near ₱93.95.

My 10SMACD combo is bearish.

FB’s risk level is low due to its historical volatility score of 26.11 percent.

Trade-Volume Distribution Analysis

Last Price: ₱ 89
VWAP: ₱88.35281
Dominant Range: ₱87.8 – ₱88

The Momentum Power Indicator of FB is bearish because only 3 of 4 elements are bullish.

True Market Sentiment – EOD

True Market Sentiment on FB as of Dec-05-2019 at 03:30PM, with a last price of ₱89.0
True Market Sentiment: BEARISH
4 of the top 10 brokers registered a positive Net Amount
3 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱88.0918
Top 10 Players’ Selling Average: ₱88.4008
Bonus Info:
7 out of 17 participants or 41.18% of all participants registered a 100% BUYING activity
6 out of 17 participants or 35.29% of all participants registered a 100% SELLING activity

True Market Sentiment – WTD

True Market Sentiment on FB from Dec-02-2019 to Dec-05-2019 at 03:30PM, with a last price of ₱89.0
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: ₱88.9844
Top 10 Players’ Selling Average: ₱89.0414
Bonus Info:
4 out of 24 participants or 16.67% of all participants registered a 100% BUYING activity
5 out of 24 participants or 20.83% of all participants registered a 100% SELLING activity

Recommendations

Do you have FB in your portfolio already?

This stock has been registering green candlesticks for the past few days but it has failed to break above its 10-day Simple Moving Average. Hold your position if your trailing stop is still intact. For now, do not top-up yet since both 10SMACD and Momentum Power Indicator are still bearish.

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

Wait for the confirmed buy signal before doing a test-buy within the dominant range of Trade and Volume Distribution. ADX and DMI are still strong on the downside. Don’t enter a new position yet. Today’s True Market Sentiment is bearish and the week-to-date’s True Market Sentiment signifies an indecision.

If you’re one of our subscribers, ask for our latest analysis and recommendation in our Private Clients Forum whenever you need to.

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