Ionics, Inc. (PSE:ION) is still on a downtrend as evidenced by a descending triangle with the support at 1.63. If 1.63 is broken, then 1.60 will be next. The 15 EMA, 20 SMA, and 50 SMA are all acting as the support. Resistance is estimated at the upper trend line. The volume has been thinning lately. The RSI appears neutral while the MACD appears bearish.
As of March 8, 2017, at 03:30PM, the volume is 12.60% of the previous trading day.
Online Foreign Brokers
From January 26, 2017 to March 9, 2017, 3 out of 11 active online foreign brokers traded ION.
Online foreign brokers’ Buy Average: PHP1.83
Online foreign brokers’ Sell Average: PHP1.77
Number of net buyers among the participating online foreign brokers: 2 out of 3
ATR bought the biggest number of shares among online foreign brokers amounting to PHP237,330.00.
MACQUARIE sold the biggest number of shares among online foreign brokers amounting to PHP834,770.00.
Top 10 Players’ Sentiment
Participants with a 100% Buying and Selling Activity from Jan-26-2017 to Mar-09-2017 at 03:30PM:
8 out of 50 participants or 16.00% of all participants registered a 100% BUYING activity
7 out of 50 participants or 14.00% of all participants registered a 100% SELLING activity
Top 10 Players’ Buying Average: 1.9710
Top 10 Players’ Selling Average: 1.7719
Foreign Fund Flow
On a 30-day trading period, ION is on a Net Foreign Selling worth PHP1,305,830.00.
ION is a low-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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