Petron Corporation (PCOR) – Analysis – March 21, 2017

Petron Corporation (PSE:PCOR) has bee relatively strong for the past 5 days. It appears that the stock may have bottomed as it marked a higher high on a short-term basis. The bias is in seeing the stock register a higher low preferable at the 15 EMA and 20 SMA at 8.90. The 15 EMA has already made a bullish crossover versus the 20 SMA. The 50 SMA may act as the resistance. The volume has been erratic so far but it still looks good. The MACD is bullish while the RSI is currently neutral and not overbought. Support is estimated at 9.02 while the resistance is expected at 9.25.

PCOR - Daily Chart - March 20, 2017

PCOR has a net profit margin of 3 percent, and an EPS of 0.53 for the 9-month ended September 30, 2016. The annualized 2016 P/E is at 17.12 which makes PCOR slightly undervalued versus PSEi.

PCOR - funda - march 21, 2017

Volume

As of March 20, 2017, at 03:30PM, the volume is 143.84% of the previous trading day.

PCOR - Petron Corporation - Volume - March 20, 2017

Online Foreign Brokers

From February 7, 2017 to March 20, 2017, 10 out of 11 active online foreign brokers traded PCOR. Online foreign brokers’ Buy Average: PHP8.97 Online foreign brokers’ Sell Average: PHP8.98 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 PHP194,823,048.00. ATR sold the biggest number of shares among online foreign brokers amounting to PHP184,090,862.00.

PCOR - Petron Corporation - Online Foreign Brokers Transactions - March 20, 2017

Top 10 Players’ Sentiment

Participants with a 100% Buying and Selling Activity from Feb-07-2017 to Mar-20-2017 at 03:30PM:

21 out of 108 participants or 19.44% of all participants registered a 100% BUYING activity 10 out of 108 participants or 9.26% of all participants registered a 100% SELLING activity Top 10 Players’ Buying Average: 9.9768 Top 10 Players’ Selling Average: 8.9894

PCOR - Petron Corporation - Top 10 Players Sentiment - March 20, 2017

Foreign Fund Flow

On a 30-day trading period, PCOR is on a Net Foreign Selling worth PHP277,389,225.00.

PCOR - Petron Corporation - Foreign Fund Flow - March 20, 2017

Risk Level

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.

PCOR - Petron Corporation - Risk Level - March 20, 2017

Do you find this analysis helpful? Please let us know your thoughts by commenting below. It might seem insignificant, but it helps more than what you might think.

Related Post(s)

Petron Corporation (PCOR): Good Company, Bad Stock? Petron Corporation (PCOR) clarified news today released by BusinessWorld Online stating that Petron has plans to add a new petroleum refinery in Bataa...
San Miguel Corporation’s Recurring Net Revenue Grew by 11% MANILA, Philippines – San Miguel Corporation (SMC) increased its recurring net revenue to 54.7 billion pesos by 11 percent as a result of higher contr...
Petron Profit Rises 30% to P14.1B in 2017 MANILA, Philippines - The largest petroleum refiner in the Philippines, Petron Corporation, published a thirty percent hike in its net income during 2...
Petron Corporation (PCOR) – Analysis – February 21, 2017 Petron Corporation (PSE:PCOR) is trading inside a descending wedge. The 15 EMA and 20 SMA are acting as the resistance for the stock. The volume has b...
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.
  1. Cris Reply

    I not to mention my buddies have been analyzing the excellent advice found on your web site while unexpectedly developed a horrible feeling I had not expressed respect to the blog owner for those tips. All of the boys ended up as a result warmed to read through all of them and already have in actuality been taking pleasure in them. Appreciation for actually being very thoughtful and then for going for certain brilliant things millions of individuals are really needing to discover. My very own sincere regret for not expressing gratitude to sooner.

    • Staff - Stock Signals Philippines Reply

      Hi, Cris.

      Thank you for the positive feedback. Don’t forget to invite your friends and family to like and register to Stock Signals Philippines.

Leave a Reply

*

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Member Login

Forgot Password?

Join Us!

Password Reset
Please enter your e-mail address. You will receive a new password via e-mail.