Philweb Corporation (WEB) – Analysis – March 1, 2017

Philweb Corporation (PSE:WEB) is currently trading inside a tight range with the lower limit/support at 8.65 and upper limit/resistance at 9.40. The 15 EMA and 20 SMA are still acting as resistance for the stock. The 50 SMA and 200 SMA are still pointing downwards suggesting a bearish bias. The volume is close to non-existence as the lack of news with regards to its license renewal from PAGCOR keeps traders and investors on the sidelines. The RSI is neutral as well as the  MACD. If the current support is broken, next support would be at 8.03. If the stock breaks the resistance, the next resistance would be 10.65.

WEB - Daily Chart - March 2, 2017

Volume

As of March 1, 2017, at 03:30PM, the volume is 106.00% of the previous trading day.

WEB - Philweb Corporation - Volume - March 1, 2017 v2

Online Foreign Brokers

From January 19, 2017 to March 1, 2017, 4 out of 11 active online foreign brokers traded WEB.
Online foreign brokers’ Buy Average: PHP9.52
Online foreign brokers’ Sell Average: PHP10.33
Number of net buyers among the participating online foreign brokers: 2 out of 4
UBS bought the biggest number of shares among online foreign brokers amounting to PHP2,169,230.00.
UBS sold the biggest number of shares among online foreign brokers amounting to PHP33,153,649.00.

WEB - Philweb Corporation - Online Foreign Brokers' Transactions - March 1, 2017 v2

Top 10 Players’ Sentiment

Participants with a 100% Buying and Selling Activity from Jan-19-2017 to Mar-01-2017 at 03:30PM:

26 out of 81 participants or 32.10% of all participants registered a 100% BUYING activity
5 out of 81 participants or 6.17% of all participants registered a 100% SELLING activity
Top 10 Players’ Buying Average: 11.1645
Top 10 Players’ Selling Average: 9.8113

WEB - Philweb Corporation - Top 10 Players Sentiment - March 1, 2017

Foreign Fund Flow

On a 30-day trading period, WEB is on a Net Foreign Selling worth PHP30,817,629.00.

WEB - Philweb Corporation - Foreign Fund Flow - March 1, 2017

Risk Level

WEB 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.

WEB - Philweb Corporation - Risk Level - March 1, 2017

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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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