Now Corporation (PSE:NOW) appears to be trading in a range with the upper limit (resistance) at 3.02 and the lower limit (support) at 2.71. Volume has been relatively thin lately. The 15 EMA, 20 SMA, and 50 SMA have been intertwined suggesting indecisiveness. The RSI and MACD are both neutral in appearance. The best strategy right now is to trade the range by buying near the support and selling at or near the resistance or buying when a breakout happens.
NOW’s P/E ratio cannot be computed since its earnings as of last year was negative.
As of March 9, 2017, at 03:30PM, the volume is 44.65% of the previous trading day.
Online Foreign Brokers
From January 27, 2017 to March 9, 2017, 3 out of 11 active online foreign brokers traded NOW.
Online foreign brokers’ Buy Average: PHP3.00
Online foreign brokers’ Sell Average: PHP2.94
Number of net buyers among the participating online foreign brokers: 1 out of 3
ATR bought the biggest number of shares among online foreign brokers amounting to PHP2,629,850.00.
ATR sold the biggest number of shares among online foreign brokers amounting to PHP9,572,460.00.
Top 10 Players’ Sentiment
Participants with a 100% Buying and Selling Activity from Jan-27-2017 to Mar-09-2017 at 03:30PM:
5 out of 84 participants or 5.95% of all participants registered a 100% BUYING activity
8 out of 84 participants or 9.52% of all participants registered a 100% SELLING activity
Top 10 Players’ Buying Average: 3.1892
Top 10 Players’ Selling Average: 2.8806
Foreign Fund Flow
On a 30-day trading period, NOW is on a Net Foreign Selling worth PHP486,390.00.
NOW 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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