Jaycee De Guzman
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Universal Robina Corporation (PSE:URC) closed at ₱140.5 per share as of 03:30 PM GMT+8 on December 9, 2019. It went up by 3.31 percent.

The Total Turnover Value was at ₱373,307,783.00. The foreign traders were the main drivers of URC today.

Foreign investors registered a Net Foreign Selling worth ₱9,340,654.00. They are net sellers year-to-date.

The immediate support is near ₱115.39, while the immediate resistance is near ₱126.01.

My 10SMACD combo is bearish.

URC’s risk level is low due to its historical volatility score of 41.28 percent.

Trade-Volume Distribution Analysis

Last Price: ₱ 140.5
VWAP: ₱138.84426
Dominant Range: ₱137.8 – ₱139.1

The dominant range is closer to the intraday low than the intraday high.

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

True Market Sentiment – EOD

True Market Sentiment on URC as of Dec-09-2019 at 03:30PM, with a last price of ₱140.50
True Market Sentiment: BEARISH
4 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: ₱139.5804
Top 10 Players’ Selling Average: ₱139.5663
Bonus Info:
10 out of 41 participants or 24.39% of all participants registered a 100% BUYING activity
9 out of 41 participants or 21.95% of all participants registered a 100% SELLING activity

True Market Sentiment – MTD

True Market Sentiment on URC from Dec-02-2019 to Dec-09-2019 at 03:30PM, with a last price of ₱140.50
True Market Sentiment: NEUTRAL
5 of the top 10 brokers registered a positive Net Amount
5 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱141.2330
Top 10 Players’ Selling Average: ₱141.2426
Bonus Info:
26 out of 68 participants or 38.24% of all participants registered a 100% BUYING activity
1 out of 68 participants or 1.47% of all participants registered a 100% SELLING activity

Recommendations

Do you have URC in your portfolio already?

Judging it on how URC looks like on the chart, none of us should this in our portfolio. I mean, anyone’s reasonable trailing stop must have already been hit yet a few weeks ago. If you have it, I hope it’s because you have set a reasonable percentage of risk tolerance and your trailing stop has not been hit yet. If that’s your case, hold your position. Do not top up yet.

That bearish True Market Sentiment today says a lot about the lack of confidence of the majority of the top 10 players to push the stock higher.

You don’t have URC yet but are you planning to enter a new position?

Now is not the time to buy URC. Wait for the 10SMACD and the Momentum Power Indicator to become bullish.

But how will you know if the 10SMACD and Momentum Power Indicator of URC are already bullish?

You will know if you’ll ask in our Private Clients Forum. This is exclusive to our subscribers.

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