Stock Analysis - JayceeDeGuzman.com

ABS-CBN HOLDINGS CORP. – PDR (ABSP)

As of May 21, 2015 at 03:30:00 PM GMT+8, ABSP ranged between PHP63.00 and PHP63.00.
ABSP closed at PHP63.00 with a Percentage Change of -0.55% or -0.35 points.
ABSP’s candlestick didn’t issue any buy or sell signal.

Current Price: PHP63.00
Support: PHP61.00
Resistance: PHP65.00

MACD, at 0.141000, shows that ABSP’s upward momentum is stronger than its downward momentum.
Be informed that MACD is trending ABOVE the signal line or the 9-day Moving Average, which means the bulls are trying to take control if not already in control.
MACD didn’t issue a buy or sell signal.

DMI, at 15.00, shows that the upward movement of ABSP’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.

RSI, at 50.66, shows that ABSP is trending between (neutral position) the confirmed bearish and bullish zones.
RSI didn’t issue a buy or sell signal.

Stochastic, at 56.66, shows that ABSP is neither oversold nor overbought.
Stochastic didn’t issue a buy or sell signal.

Volatility Ratio, at 0.218700, may be too low for a possible breakout at PHP65.00 on the next trading day.
Volatility Ratio didn’t issue a buy or sell signal.

QStick, at 0.106000, 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.

ABSP shows a bearish sign as the share price moves below the 5-day EMA.
However, the bulls are trying to regain control with the 10-day EMA positioned below the 5-day EMA.

The volume on May 21, 2015 is 835.78% of the previous trading day.
Total Trade Amount on May 21, 2015: P24,431,400.00
Foreign Brokers’ Buy Value: PHP14,924,700.00 or 61.09%
Foreign Brokers’ Sell Value: PHP13,664,700.00 or 55.93%
Foreign Brokers’ Buy Average: 63.00
Foreign Brokers’ Sell Average: 63.00
As of May 21, 2015, 3 out of 11 active foreign brokers traded ABSP.
# of Net Buyers Among Foreign Brokers: 1 out of 3
ATR bought the biggest number of shares among foreign brokers amounting to PHP13,655,250.00
ATR sold the biggest number of shares among foreign brokers amounting to PHP13,655,250.00
It’s a Net Foreign Buying from April 21, 2015 to May 20, 2015 amounting P11,052,000.00.

REMINDER: This isn’t my detailed analysis for this 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 notes 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) in the forum that is accessible by premium subscribers only.

Jaycee De Guzman

I am the founder and CEO of iPresence Digital Marketing, Inc. and Equilyst Analytics, Inc. At iPresence, we have been helping SMEs reach and dominate the global market through our digital marketing services since 2001. At Equilyst, we have been helping Filipinos experience a simplified and profitable stock trading and investing experience in the Philippine Stock Market since 2014.
Jaycee De Guzman

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