SM Investments Corporation (SM) Analysis – January 13, 2017

SM Investments Corporation (PSE:SM) registered a bearish harami on the weekly, a possible reversal candle pending confirmation next week.

From January 3, 2017 to January 13, 2017, SM ranged between P602.00 and P708.00.

SM’s last price is PHP681.00 with a percentage change of 0.59% or PHP4.00.

If the correction materializes next week, the immediate support is at the 38.2 percent Fibonacci retracement line at around 667-668 level.

EMA 15 is also pointing upwards and about to cross the 20-day SMA suggesting bullishness.

These moving averages could also act as support. RSI is also not oversold.

Resistance is still assumed at 708.

SM Investments Corporation (SM) - Chart - January 13, 2017

Volume

As of January 13, 2017, at 03:30PM, the volume is 60.61% of the previous trading day.

SM - SM Investments Corporation - Volume - January 13, 2017

Online Foreign Brokers

From January 3, 2017 to January 13, 2017, 11 out of 11 active online foreign brokers traded SM.
Online foreign brokers’ Buy Average: PHP682.54
Online foreign brokers’ Sell Average: PHP681.65
Number of net buyers among the participating online foreign brokers: 7 out of 11
ATR bought the biggest number of shares among online foreign brokers amounting to PHP393,244,355.00.
ATR sold the biggest number of shares among online foreign brokers amounting to PHP463,065,220.00.

SM - SM Investments Corporation - Online Foreign Brokers' Transactions - January 13, 2017

Top 10 Players’ Sentiment

Participants with a 100% Buying and Selling Activity from Jan-03-2017 to Jan-13-2017 at 03:30PM:

7 out of 78 participants or 8.97% of all participants registered a 100% BUYING activity
20 out of 78 participants or 25.64% of all participants registered a 100% SELLING activity
Top 10 Players’ Buying Average: 681.2370
Top 10 Players’ Selling Average: 680.2813

SM - SM Investments Corporation - Top 10 Players - January 13, 2017

Foreign Fund Flow

On a 30-day trading period, SM is on a Net Foreign Selling worth PHP1,857,398,980.00.

SM - SM Investments Corporation - Foreign Fund Flow - January 13, 2017

Risk Level

SM is a low-risk stock based on our proprietary risk level indicator.

SM - SM Investments Corporation - Risk Level - January 13, 2017

Do you find this analysis helpful? Please let us know your thoughts by commenting below.

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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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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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