Vitarich Corporation (VITA) Analysis – January 26, 2017

Posted On 27 Jan 2017

Vitarich Corporation (PSE:VITA) is testing the support at its breakout point of 1.96. The volume on Thursday was relatively thin compared to the breakout volume which suggests a healthy pullback.

All moving averages are bullishly aligned. Traders would prefer VITA to not close below 1.96 to solicit more buyers and prevent traders from cutting positions.

RSI is not stepping on oversold levels. The resistance is its high of 2.08. A breakout above 2.08 would bring the next resistance at approximately 2.4ish. The support sits near 1.96.

Vitarich Corporation (VITA) - Chart - January 26, 2017

Volume

As of January 26, 2017, at 03:30PM, the volume is 31.92% of the previous trading day.

VITA - Vitarich Corporation - Volume - January 26, 2017

Online Foreign Brokers

From January 3, 2017 to January 26, 2017, 3 out of 11 active online foreign brokers traded VITA.
Online foreign brokers’ Buy Average: PHP1.84
Online foreign brokers’ Sell Average: PHP1.90
Number of net buyers among the participating online foreign brokers: 2 out of 3
ATR bought the biggest number of shares among online foreign brokers amounting to PHP6,866,580.00.
HDI sold the biggest number of shares among online foreign brokers amounting to PHP4,982,400.00.

VITA - Vitarich Corporation - Online Foreign Brokers' Transactions - January 26, 2017

Top 10 Players’ Sentiment

Participants with a 100% Buying and Selling Activity from Jan-03-2017 to Jan-26-2017 at 03:30PM:

8 out of 85 participants or 9.41% of all participants registered a 100% BUYING activity
7 out of 85 participants or 8.24% of all participants registered a 100% SELLING activity
Top 10 Players’ Buying Average: 2.0695
Top 10 Players’ Selling Average: 1.8674

VITA - Vitarich Corporation - Top 10 Players' Sentiment - January 26, 2017

Foreign Fund Flow

On a 30-day trading period, VITA is on a Net Foreign Selling worth PHP23,472,899.00.

VITA - Vitarich Corporation - Foreign Fund Flow - January 26, 2017

Risk Level

VITA is a moderate-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.

VITA - Vitarich Corporation - Risk Level - January 26, 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.