How Likely Would ARA, MCP, NOW, PXP, and PLC Continue Their Ascent Tomorrow?

0
695
Stock Analysis - JayceeDeGuzman.com

There are many ways on how to validate your forecast for the stock’s direction by using past data. I’d like to share my interpretation for the Top 10 Players’ charts of today’s top 5 gainers by trade value.

I used my Top 10 Players calculator to generate these charts. I use this calculator to know the main movers of the stock. Through this calculator, I can check the sentiment of the top 10 players for the ongoing trading period or for a specific range depending on the range of data that I will enter into the calculator.

For example, if I see that Broker XYZ is a consistent buyer of a stock I trade, I can consider the stance of that broker as one of my bases in my decision-making. Once Broker XYZ starts to sell significantly, that sends a signal that I need to review my plan. I need to see whether I should sell earlier than my target selling price or set trailing stops instead.

There are 3 criteria to check when using the Top 10 Players Calculator.

  • Criterion 1: number of brokers with a positive Net Amount
  • Criterion 2: number of brokers with a bigger Buy Ave than Sell Ave
  • Criterion 3: latest Day Change

Some of you surely would like to ask, “Jaycee, since you’re presenting your top 10 players’ sentiment for the top 5 gainers today, isn’t it automatic that their top 10 players are bullish since they are top gainers?”

Haven’t you seen stocks with a green Day Change but majority of their top 10 players are net sellers? Not because a stock has a green Day Change, it doesn’t mean all top 10 players are net buyers. So there’s still a chance to get a bearish top 10 players’ sentiment even if the stock has a green Day Change.

When you see that the top 10 players’ sentiment for the day is bearish despite the green Day Change, that’ll help you get a good feel whether the stock’s ascent will be sustained or not. This is not definitive. That is why I have mentioned at the onset that there are many ways on how to use past data to validate our forecast. What I am presenting here is just one of the many methods that I use when validating my forecast.

Anyway, the data that I’ve covered in this presentation is today’s data only. If you are my client, I suggest you use at least 30 days worth of data.

ARANETA PROPERTIES

Criterion 1: 7 out of 10 have a positive Net Amount: bullish
Criterion 2: 4 out of 10 have a bigger Buy Ave than Sell Ave: bearish
Criterion 3: 14.55% Day Change as of the time of writing this post: bullish
Overall Sentiment: BULLISH

ARANETA PROPERTIES - Top 10 Players - May 25, 2016

MELCO CROWN (PHILS) RESORTS

Criterion 1: 5 out of 10 have a positive Net Amount: bearish
Criterion 2: 4 out of 10 have a bigger Buy Ave than Sell Ave: bearish
Criterion 3: 4.24% Day Change as of the time of writing this post: bullish
Overall Sentiment: BEARISH

MELCO CROWN (PHILS) RESORTS - Top 10 Players - May 25, 2016

NOW CORPORATION

Criterion 1: 4 out of 10 have a positive Net Amount: bearish
Criterion 2: 5 out of 10 have a bigger Buy Ave than Sell Ave: bearish
Criterion 3: 9.39% Day Change as of the time of writing this post: bullish
Overall Sentiment: BEARISH

NOW CORPORATION - Top 10 Players - May 25, 2016

PHILEX PETROLEUM CORPORATION

Criterion 1: 6 out of 10 have a positive Net Amount: bullish
Criterion 2: 3 out of 10 have a bigger Buy Ave than Sell Ave: bearish
Criterion 3: 6.32% Day Change as of the time of writing this post: bullish
Overall Sentiment: BULLISH

PHILEX PETROLEUM CORPORATION - Top 10 Players - May 25, 2016

PREMIUM LEISURE CORPORATION

Criterion 1: 5 out of 10 have a positive Net Amount: bearish
Criterion 2: 5 out of 10 have a bigger Buy Ave than Sell Ave: bearish
Criterion 3: 4.55% Day Change as of the time of writing this post: bullish
Overall Sentiment: BEARISH

PREMIUM LEISURE CORPORATION - Top 10 Players - May 25, 2016

We are confident in executing our trade setups in the Stock Signals Philippines because we have many ways on how to interpret our data to validate or re-affirm our forecast. Don’t miss this opportunity.

Jaycee De Guzman

Do you have a comment?

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