Union Bank of the Philippines (UBP) – Analysis – February 24, 2017

Union Bank of the Philippines (PSE:UBP) is still in an uptrend and has not broken down any uptrend support lines. The stock is hitting the immediate resistance at 79. A clear break above this level will make 86.50 as the next resistance. The immediate support is the uptrend line around 77. The 15 EMA and 20 SMA are trending upwards and are acting as the support. The 50 SMA is about to make a bullish crossover versus the 200 SMA which is expected to be explosive in nature. The RSI is currently at overbought levels. The MACD is above the zero line and is moving sideways.

UBP is also trading at only 5.78x annualized 2016 P/E and at 1.27 Price to Book Value, making the stock undervalued versus PSEi.

Volume

As of February 24, 2017, at 03:30PM, the volume is 55.15% of the previous trading day.

UBP - Union Bank of the Philippines - Volume - February 24, 2017

Online Foreign Brokers

From January 16, 2017 to February 24, 2017, 5 out of 11 active online foreign brokers traded UBP.
Online foreign brokers’ Buy Average: PHP78.55
Online foreign brokers’ Sell Average: PHP78.65
Number of net buyers among the participating online foreign brokers: 2 out of 5
CLSA bought the biggest number of shares among online foreign brokers amounting to PHP2,396,970.00.
DAIWA sold the biggest number of shares among online foreign brokers amounting to PHP3,593,269.00.

UBP - Union Bank of the Philippines - Online Foreign Brokers' Transactions - February 24, 2017

Top 10 Players’ Sentiment

Participants with a 100% Buying and Selling Activity from Jan-16-2017 to Feb-24-2017 at 03:30PM:

6 out of 62 participants or 9.68% of all participants registered a 100% BUYING activity
23 out of 62 participants or 37.10% of all participants registered a 100% SELLING activity
Top 10 Players’ Buying Average: 87.3318
Top 10 Players’ Selling Average: 78.2954

UBP - Union Bank of the Philippines - Top 10 Players Sentiment - February 24, 2017

Foreign Fund Flow

On a 30-day trading period, UBP is on a Net Foreign Buying worth PHP23,868,601.00.

UBP - Union Bank of the Philippines - Foreign Fund Flow - February 24, 2017

Risk Level

UBP 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.

UBP - Union Bank of the Philippines - Risk Level - February 24, 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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