LEISURE & RESORTS WORLD CORP (LR) – 4.28.2015 Technical Analysis



As of April 28, 2015 at 03:30:00 PM GMT+8, LR ranged between PHP8.97 and PHP9.32.
LR closed at PHP9.20 with a Percentage Change of 2.79% or 0.25 points.
LR’s candlestick issued a BUY signal.

Current Price: PHP9.20
Support: PHP9.00
Resistance: PHP9.35

What Do the 5 Indicators and EMA Tell Us?

MACD, at -0.026200, shows that LR’s downward momentum is stronger than its upward momentum.
Be informed that MACD is trending ABOVE the signal line or the 9-day Moving Average, which means bulls are trying to take control if not already in control.
MACD didn’t issue a buy or sell signal.

DMI, at 18.22, shows that the upward movement of LR’s price is not yet completely directionally strong. However, bulls are trying to take control of the situation.
DMI didn’t issue a buy or sell signal.
Current Intraday Low: 8.97.

RSI, at 61.11, shows that LR is trending between (neutral position) the confirmed bearish and bullish zones.
RSI didn’t issue a buy or sell signal.

Stochastic, at 79.58, shows that LR is neither oversold nor overbought.
Stochastic didn’t issue a buy or sell signal.

Volatility Ratio, at 0.493300, may be too low for a possible breakout at PHP9.35.
Volatility Ratio didn’t issue a buy or sell signal.

QStick, at 0.062500, shows that the buying momentum for the majority of the past 8 trading days is increasing.
QStick didn’t issue a buy or sell signal.

The PARSAR line appears at the bottom of the current price, which triggers a BUY signal.

LR shows a bullish sign as the share price moves above the 5-day EMA.
That bullish pattern is being complemented by the 10-day EMA which is positioned below the 5-day EMA.

Volume and Foreign Activity

Today’s volume is 454.10% of the previous trading day.
Total Trade Amount Today: PHP21,895,740.00
Foreign Brokers’ Buy Value: PHP1,670,170.00 or 7.63%
Foreign Brokers’ Sell Value: PHP10,847,631.00 or 49.54%
Foreign Brokers’ Buy Average: 9.17
Foreign Brokers’ Sell Average: 9.16
3 out of 11 active foreign brokers traded LR.
# of Net Buyers: 2 out of 3
DEUTSCHE bought the most number of shares amounting to PHP1,393,070.00
ATR sold the most number of shares amounting to PHP10,847,631.00
Foreign investors have been net buyers for the past 10 trading day(s).

REMINDER: This isn’t my detailed analysis for┬áthis stock. You won’t see my recommended plan of action in this quick analysis. If you’re a premium subscriber of the Stock Signals Program, you will find out whether this is part of my Top Stock Picks or not. If it’s in my Top Stock Picks, you will see my daily┬ánotes and recommendation for this stock in the Top Stock Picks page. If it isn’t in my Top Stock Picks, we may discuss this (no extra fees required) during our future weekly meeting in the forum that is accessible by premium subscribers only.

Jaycee De Guzman

Jaycee De Guzman

I have helped thousands of Filipinos trade independently and invest profitably through the Equilyst Analytics, Inc. I have also helped hundreds of SMEs and Fortune 500 companies build and boost their online presence through iPresence Digital Marketing, Inc. Read my About Me page.
Jaycee De Guzman

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