Ionics, Inc. (PSE:ION) has rallied today after finding support near its 20 -day SMA. Its 15-day EMA and 20-day SMA are about to cross the 50-day SMA as a confirmation of bullishness.
The resistance is its previous high and is also at the 100-day SMA of 1.94. The recent bounce is also located at the stock’s 50 percent Fibonacci line.
Volume was thinning out when the price was going down. ION’s volume has spiked now that the price has rallied. If ION is able to push above 1.94, the next possible resistance would be near 2.15.
As of January 20, 2017, at 03:30PM, the volume is 326.34% of the previous trading day.
Online Foreign Brokers
From January 3, 2017 to January 20, 2017, 3 out of 11 active online foreign brokers traded ION.
Online foreign brokers’ Buy Average: PHP1.76
Online foreign brokers’ Sell Average: PHP1.77
Number of net buyers among the participating online foreign brokers: 1 out of 3
HDI bought the biggest number of shares among online foreign brokers amounting to PHP355,630.00.
HDI sold the biggest number of shares among online foreign brokers amounting to PHP369,130.00.
Top 10 Players’ Sentiment
Participants with a 100% Buying and Selling Activity from Jan-03-2017 to Jan-20-2017 at 03:30PM:
10 out of 55 participants or 18.18% of all participants registered a 100% BUYING activity
6 out of 55 participants or 10.91% of all participants registered a 100% SELLING activity
Top 10 Players’ Buying Average: 1.7699
Top 10 Players’ Selling Average: 1.7911
Foreign Fund Flow
On a 30-day trading period, ION is on a Net Foreign Buying worth PHP478,310.00.
ION is a moderate-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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