AYALA CORPORATION (AC): 07.22.2014 Performance Review

0
418
Stock Analysis - JayceeDeGuzman.com

AYALA CORPORATION (AC) closed the market today, July 22, 2014, at PHP 661.00 per share, which is PHP0.50 or 0.08% lower than the previous trading day’s closing index of PHP661.50.

AYALA CORPORATION (AC): 07.22.2014 Performance Review

AC Stats

Bearish/Bullish/Sideways: Sideways
RSI: 56.91 – still considered inexpensive
P/E: 25.91 – already considered expensive
Volume: The volume increased today, but profit-takers outperformed buyers.

Current Share Price: PHP 661.00
Support: PHP 643.00
Resistance: PHP 674.00

Observations

If the selling rally continues tomorrow, the signal line may kiss MACD to form a red crossover.

Action Plans You May Consider

HOLD your position. With an almost insignificant downward movement of the share price of AC today, it’s just right to closely monitor any significant upward or downward movement on AC’s share price tomorrow.

If you don’t have AC, but you’re planning to enter a position, HOLD it for now until a clear crossover is formed on the MACD.

Do you have a friend who also has AC in his or her stock portfolio?
Help me help your friend by sharing this on Facebook and Twitter.
Click the social media icons below.

Jaycee De Guzman

Do you have a comment?

This site uses Akismet to reduce spam. Learn how your comment data is processed.