Jaycee De Guzman
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SPC Power Corporation (PSE:SPC) is priced at ₱8.7 per share as of 03:30 PM GMT+8 on November 26, 2019. It is up by 6.75 percent.

The Total Turnover Value is at ₱8,323,136.00. The local traders are the main drivers of SPC today.

Foreign investors did not have a Net Foreign score today. They are net buyers year-to-date, but their participation is insignificant.

The immediate support is near ₱8.20, while the immediate resistance is near ₱9.00.

My 10SMACD combo is bullish.

SPC’s risk level is low due to its historical volatility score of 41.7 percent.

Trade-Volume Distribution Analysis

Last Price: ₱ 8.7
VWAP: ₱8.67445
Dominant Range: ₱8.5 – ₱8.7

The Momentum Power Indicator of SPC is bearish because only 3 of 4 elements are bullish.

True Market Sentiment – EOD

True Market Sentiment on SPC as of Nov-26-2019 at 03:30PM, with a last price of ₱8.70
True Market Sentiment: BEARISH
5 of the top 10 brokers registered a positive Net Amount
2 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱8.5982
Top 10 Players’ Selling Average: ₱8.6938
Bonus Info:
6 out of 26 participants or 23.08% of all participants registered a 100% BUYING activity
7 out of 26 participants or 26.92% of all participants registered a 100% SELLING activity

True Market Sentiment – WTD

True Market Sentiment on SPC from Nov-25-2019 to Nov-26-2019 at 03:30PM, with a last price of ₱8.70
True Market Sentiment: NEUTRAL
6 of the top 10 brokers registered a positive Net Amount
3 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱8.3976
Top 10 Players’ Selling Average: ₱8.5333
Bonus Info:
6 out of 27 participants or 22.22% of all participants registered a 100% BUYING activity
7 out of 27 participants or 25.93% of all participants registered a 100% SELLING activity

True Market Sentiment – MTD

True Market Sentiment on SPC from Nov-04-2019 to Nov-26-2019 at 03:30PM, with a last price of ₱8.70
True Market Sentiment: BEARISH
5 of the top 10 brokers registered a positive Net Amount
4 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱8.2624
Top 10 Players’ Selling Average: ₱8.2698
Bonus Info:
9 out of 40 participants or 22.50% of all participants registered a 100% BUYING activity
9 out of 40 participants or 22.50% of all participants registered a 100% SELLING activity

Recommendations

Do you have SPC in your portfolio already?

Don’t top up yet if you’re a relatively new trader. On the other hand, you may top up within the dominant range if you regard yourself as an experienced and disciplined trader since the 10SMACD is bullish despite the bearish Momentum Power Indicator. Make sure that you do an upward adjustment on your trailing stop every time the prevailing price goes up. You can use this trailing stop calculator.

You don’t have SPC but are planning to do a test-buy?

Is it okay to enter now? It’s a no because the Momentum Power Indicator is bearish. Both Momentum Power Indicator and 10SMACD must be bullish for us to get a confirmed and a strong buy signal. It’s best for you to wait for a pullback or a breakout at the support or resistance, respectively. Calculate your reward-to-risk ratio first once these two indicators become bullish. You can use this reward-to-risk ratio calculator.

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