DISCLAIMER: I was not commissioned by any company to write about this stock review. The contents of this article are based on my own analysis and interpretation. I would recommend you to do your own analysis if you’d like to confirm the information that is presented in this article. This is only a sneak preview of my technical analysis. This is not financial advice. Whether you decide to buy, hold, or sell the stock that’s being reviewed, it’s all up to you. Trade at your own risk. Only the subscribers of the Stock Signals Program get my detailed technical analysis and recommended plan of action.
NICKEL ASIA CORPORATION (NIKL)
Technical Analysis: Sneak Preview Only
As of December 15, 2014 at 3:30:00 PM GMT+8, NICKEL ASIA CORPORATION ranged between PHP42.050000 and PHP42.750000.
NICKEL ASIA CORPORATION closed at PHP42.250000 with a Percentage Change of -0.47% or -0.200000 points.
NICKEL ASIA CORPORATION’s candlestick issued a SELL signal.
Current Price: PHP42.250000
Total Traded Amount [DEC 15 2014]: PHP14,441,575.00
Net Foreign Buying: 27.11%
Net Foreign Selling: 1.08%
MACD, at -0.121000, shows that NICKEL ASIA CORPORATION’s downward momentum is stronger than its upward momentum.
However, be informed that MACD is trending BELOW the signal line or the 9-day Moving Average, which means bears are trying to take or still in control.
MACD didn’t issue a buy or sell signal.
DMI, at 13.150000, shows that the upward movement of NICKEL ASIA CORPORATION’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 51.460000, shows that NICKEL ASIA CORPORATION is trending between (neutral position) the confirmed bearish and bullish zones.
RSI didn’t issue a buy or sell signal.
Stochastic, at 53.330000, shows that NICKEL ASIA CORPORATION is neither oversold nor overbought.
Stochastic didn’t issue a buy or sell signal.
Volatility Ratio, at 0.285700, is too low for a possible breakout at PHP42.800000.
Volatility Ratio didn’t issue a buy or sell signal.
QStick, at 0.018800, 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, which means the uptrend’s momentum is still felt.
NICKEL ASIA CORPORATION shows a bullish sign as the share price moves above the 5-day EMA.
On the other hand, there is also this bullish pattern as the 5-day EMA moves above the 10-day EMA.
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