NICKEL ASIA CORPORATION (NIKL) – 4.8.2015 Technical Analysis

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Stock Analysis - JayceeDeGuzman.com

NICKEL ASIA CORPORATION (NIKL)

As of April 8, 2015 at 11:58:10 AM GMT+8, NIKL has ranged between PHP23.70 and PHP24.05.
NIKL is at PHP23.80 with a Percentage Change of -0.63% or -0.15 points.
NIKL’s candlestick issued a SELL signal.

Current Price: PHP23.80
Support: PHP23.60
Resistance: PHP24.00

Total Trade Amount: PHP97,597,046.00
Foreign Brokers’ Buy Value: PHP7,618,760.00 or 7.81%
Foreign Brokers’ Sell Value: PHP24,050,465.00 or 24.64%

Foreign Brokers’ Buy Average: 23.85
Foreign Brokers’ Sell Average: 23.87

5 out of 11 active foreign brokers traded NIKL.
# of Net Buyers: 2 out of 5
ATR bought the most number of shares amounting to PHP4,174,660.00
ATR sold the most number of shares amounting to PHP20,965,655.00

NICKEL ASIA CORPORATION (NIKL) - 4.8.2015 Technical Analysis

MACD, at -1.096000, shows that NIKL’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 control if not already in control.
MACD didn’t issue a buy or sell signal.

DMI, at 24.98, shows that the downward movement of NIKL’s price is not yet completely directionally strong. However, bears are trying to take control of the situation.
DMI didn’t issue a buy or sell signal.

RSI, at 30.28, shows that NIKL is trending between (neutral position) the confirmed bearish and bullish zones.
RSI didn’t issue a buy or sell signal.

Stochastic, at 15.07, shows that NIKL is oversold.
Stochastic didn’t issue a buy or sell signal.

Volatility Ratio, at 0.060900, may be too low for a possible breakout at PHP24.00.
Volatility Ratio didn’t issue a buy or sell signal.

QStick, at -0.537500, shows that the selling 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 top of the current price, which triggers a SELL signal.

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

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Jaycee De Guzman

Jaycee Silverio de Guzman is a computer scientist by profession. He is the founder and CEO of iPresence Digital Marketing, Inc. and Equilyst Analytics, Inc. He is a husband and a father.
Jaycee De Guzman

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