Jaycee De Guzman
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Metro Pacific Investment Corporation (PSE:MPI) is priced at ₱4.8 per share as of 03:30 PM GMT+8 on October 30, 2019. It is up by 0.2088 percent.

The Total Turnover Value is at ₱99,810,900.00. The foreign traders are the main drivers of MPI today.

Foreign investors registered a Net Foreign Selling worth ₱41,749,110.00. They are net buyers year-to-date.

Metro Pacific Investments Corporation (MPI) - Daily Chart EOD - 10.30.2019

The immediate support is near ₱4.70, while the immediate resistance is near ₱5.20.

My 10SMACD combo is bearish.

MPI’s risk level is low due to its historical volatility score of 24.29 percent. For new traders, I advise that you prioritize checking those stocks that have a low to moderate risk level.

Trade-Volume Distribution Analysis

Last Price: 4.8
VWAP: 4.79077
Most Traded: 4.79 – 4.79
Most Voluminous: 4.79 – 4.79

Metro Pacific Investments Corporation (MPI) - Trade Volume Distribution EOD - 10.25.2019

The Momentum Power Indicator of MPI is bullish because all 4 of 4 elements are bullish. The upward movement of the price is more than likely to continue as of the time of writing this analysis.

True Market Sentiment – EOD

True Market Sentiment on MPI as of Oct-30-2019 at 03:30PM, with a last price of 4.800.
True Market Sentiment: NEUTRAL
6 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: 4.7912
Top 10 Players’ Selling Average: 4.7915
Bonus Info:
17 out of 36 participants or 47.22% of all participants registered a 100% BUYING activity
3 out of 36 participants or 8.33% of all participants registered a 100% SELLING activity

Metro Pacific Investments Corporation (MPI) - True Market Sentiment EOD - 10.25.2019

True Market Sentiment – WTD

True Market Sentiment on MPI from Oct-28-2019 to Oct-30-2019 at 03:30PM, with a last price of 4.800.
True Market Sentiment: BEARISH
4 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: 4.8168
Top 10 Players’ Selling Average: 4.8259
Bonus Info:
26 out of 62 participants or 41.94% of all participants registered a 100% BUYING activity
4 out of 62 participants or 6.45% of all participants registered a 100% SELLING activity

Metro Pacific Investments Corporation (MPI) - True Market Sentiment WTD - 10.25.2019

True Market Sentiment – MTD

True Market Sentiment on MPI from Oct-01-2019 to Oct-30-2019 at 03:30PM, with a last price of 4.800.
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: 4.9234
Top 10 Players’ Selling Average: 4.9261
Bonus Info:
18 out of 95 participants or 18.95% of all participants registered a 100% BUYING activity
8 out of 95 participants or 8.42% of all participants registered a 100% SELLING activity

Metro Pacific Investments Corporation (MPI) - True Market Sentiment MTD - 10.25.2019

Have you already watched the video-on-demand version of my Evergreen Strategy in Trading and Investing in the Philippine Stock Market? I discussed in that video how I find the best candidate stocks for your watchlist, how to know the true market sentiment, how to know if the trend is more than likely to continue, how to find confirmed buy signals, how to find the best price range where I buy, and how I sell more logically and less emotionally.

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Recommendations

Assuming your trailing stop is still intact and you’d like to top up, you need to postpone that for now until both signals – 10SMACD and Momentum Power Indicator – are bullish. In addition to that, the True Market Sentiment week-to-date and month-to-date are both bearish. That makes me want to be more risk-averse in my decisions now. Please make sure that you do an upward adjustment on your trailing stop every time the price goes higher. You may use my Trailing Stop Calculator.

On the other hand, it’s best to wait for the 10SMACD and Momentum Power Indicator to become bullish if you are planning to enter a new position on this stock. You can calculate your reward-to-risk ratio once both indicators are bullish. You can use my Reward-to-Risk Ratio Calculator. Calculate your trailing stop immediately once the stock enters your portfolio.

Looking at the True Market Sentiment charts week-to-date and month-to-date, it’s more than likely for MPI to test the support in the coming days. One thing to note is that the -DMI is still above the +DMI. This means that bulls are still weak to push the price toward the resistance level.

Regardless whether you already have a position on this stock or you’re yet to enter a new position, it’s best that you ask for our latest analysis and recommendation in our Private Clients Forum so we can tell you if the technical buy indicators are still intact. Also, this allows us to alert of you the newest dominant range of the stock so you can buy strategically. If you’re a subscriber of Equilyst Analytics, you have an access to our Private Clients Forum.

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