First Gen Corporation (PSE:FGEN) closed at ₱25.45 per share as of 03:30 PM GMT+8 on December 13, 2019. It went up by 3.88 percent.

The Total Turnover Value was ₱69,102,845.00. The local traders were the main drivers of FGEN today.

Foreign investors registered a Net Foreign Buying worth ₱10,564,740.00. They are net buyers year-to-date.

The immediate support is near ₱24.01, while the immediate resistance is near ₱25.98.

My 10SMACD combo is bullish.

FGEN’s risk level is low due to its historical volatility score of 49.29 percent.

Trade-Volume Distribution Analysis

Last Price: ₱ 25.45
VWAP: ₱24.94237
Dominant Range: ₱24.85 – ₱25.45

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

True Market Sentiment – EOD

True Market Sentiment on FGEN as of Dec-13-2019 at 03:30PM, with a last price of ₱25.450
True Market Sentiment: BEARISH
5 of the top 10 brokers registered a positive Net Amount
4 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱24.8672
Top 10 Players’ Selling Average: ₱24.9645
Bonus Info:
4 out of 31 participants or 12.90% of all participants registered a 100% BUYING activity
17 out of 31 participants or 54.84% of all participants registered a 100% SELLING activity

True Market Sentiment – WTD

True Market Sentiment on FGEN from Dec-09-2019 to Dec-13-2019 at 03:30PM, with a last price of ₱25.450
True Market Sentiment: NEUTRAL
5 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: ₱24.5014
Top 10 Players’ Selling Average: ₱24.5724
Bonus Info:
6 out of 45 participants or 13.33% of all participants registered a 100% BUYING activity
17 out of 45 participants or 37.78% of all participants registered a 100% SELLING activity

True Market Sentiment – MTD

True Market Sentiment on FGEN from Dec-02-2019 to Dec-13-2019 at 03:30PM, with a last price of ₱25.450
True Market Sentiment: BULLISH
8 of the top 10 brokers registered a positive Net Amount
7 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱24.5390
Top 10 Players’ Selling Average: ₱24.4683
Bonus Info:
3 out of 58 participants or 5.17% of all participants registered a 100% BUYING activity
20 out of 58 participants or 34.48% of all participants registered a 100% SELLING activity

Recommendations

Do you have FGEN in your portfolio already?

Our most recent confirmed buy signal appeared last November 28, 2019. That was the day when the 10SMACD and Momentum Power Indicator became bullish. Despite today’s bearish True Market Sentiment, there’s a confirmed buy signal. Therefore, you may top up between ₱24.85 and ₱25.45 if you’d like to. However, request for FGEN’s latest Trade-Volume Distribution in our Private Clients Forum if it starts at a price higher or lower than that range on Monday. Make sure that you do an upward adjustment on your trailing stop each time FGEN registers a higher prevailing price.

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

Have you computed your reward-to-risk ratio already? If you are satisfied with the ratio, you can do a test-buy within the dominant range. Also, please request for FGEN’s latest Trade-Volume Distribution in our Private Clients Forum if it starts at a price higher or lower than that range on Monday.

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

📌 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.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.