Petron Corporation (PSE:PCOR) seems to be caught in a wedge. On the weekly, stock is registering lower highs with the 15-day EMA and 20-day SMA acting as a resistance. Immediate support would probably be the 100 SMA at around 9.34. or the lower end of the wedge at around 8.94. 61.8% Fibonacci line is also at 9.34 which confirms that specified area may be a good support.
The immediate support would probably be near the 100-day SMA at 9.34 or at the lower end of the wedge at around 8.94.
The 61.8% Fibonacci line is also at 9.34 which confirms that specified area may be a good support.
As of January 18, 2017, at 03:30PM, the volume is 151.52% of the previous trading day.
Online Foreign Brokers
From January 3, 2017 to January 18, 2017, 10 out of 11 active online foreign brokers traded PCOR.
Online foreign brokers’ Buy Average: PHP9.80
Online foreign brokers’ Sell Average: PHP9.86
Number of net buyers among the participating online foreign brokers: 4 out of 10
ATR bought the biggest number of shares among online foreign brokers amounting to PHP171,114,845.00.
ATR sold the biggest number of shares among online foreign brokers amounting to PHP152,956,520.00.
Top 10 Players’ Sentiment
Participants with a 100% Buying and Selling Activity from Jan-03-2017 to Jan-18-2017 at 03:30PM:
22 out of 93 participants or 23.66% of all participants registered a 100% BUYING activity
5 out of 93 participants or 5.38% of all participants registered a 100% SELLING activity
Top 10 Players’ Buying Average: 9.8892
Top 10 Players’ Selling Average: 9.8901
Foreign Fund Flow
On a 30-day trading period, PCOR is on a Net Foreign Selling worth PHP382,383,266.00.
PCOR 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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