MARC, CPM, LPZ – Free Analysis – October 24, 2017

Marcventures (MARC) actually popped and gapped up today. Price was able to move above all the moving averages. The 15 EMA and 20 SMA are now turning positive. Volume is starting to expand. MACD has just made a bullish crossover. RSI is also bullish but is not yet overbought. Support is estimated at 1.97 while resistance is expected at 2.03.

MARC - Daily Chart - October 24, 2017

Price-Volume Distribution

Majority of the volume was recorded at price 2.00. Majority of the trades were recorded at the same level. Current price is at 2.00.  This means that this is a significant level and may act as support or resistance intraday.

MARC - Price Volume Distribution - October 24, 2017

Century Peak Metals Holdings Comp (CPM) has just broken above resistance today. The 15 EMA and 20 SMA acted as support and springboard for the stock. Moving averages are bullishly aligned. Volume is also explosive. MACD is poised for a bullish crossover. RSI is bullish but not yet in overbought territory. Support is estimated at 1.68 while resistance is expected at 1.76.

CPM - Daily Chart - October 24, 2017

Price-Volume Distribution

Majority of the volume was recorded at price 1.70. Majority of the trades were recorded at the same level. Current price is at 1.71.  This means that this is a significant level and may act as support or resistance intraday.

CPM - Price Volume Distribution - October 24, 2017

Lopez Holdings Corporation (LPZ) is currently registering an indecisive candle. The 15 EMA and 20 SMA are still acting as support. Volume is still too thin to notice though. MACD is bullish. RSI is at neutral levels. Support is estimated at 6.15 while resistance is expected at 6.41.

LPZ - Daily Chart - October 24, 2017

Price-Volume Distribution

Majority of the volume was recorded at price 6.20. Majority of the trades were recorded at the same level. Current price is at 6.13.  This means that this is a significant level and may act as resistance intraday.

LPZ - Price Volume Distribution - October 24, 2017

This intraday analysis is the free version of our premium Daily Stock Analysis service.  Our premium analysis has these components:

  1. Technical Analysis
  2. Fundamental Analysis
  3. Volume Analysis
  4. Foreign Fund Flow Analysis
  5. Online Foreign Brokers Transaction Analysis
  6. Top 10 Players Analysis
  7. Price-Volume Distribution Analysis
  8. Risk Level Analysis
  9. Analyst’s Overall Sentiment

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About the Author
The Stock Signals Philippines is the online news media arm of Equilyst Analytics. Inc., an SEC-registered stock market consultancy firm in the Philippines that guides Filipinos on long-term investing and short-term trading and offers mentoring services.

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