NICKEL ASIA CORPORATION (NIKL) – 5.19.2015 Stock Analysis

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Stock Analysis - JayceeDeGuzman.com

NICKEL ASIA CORPORATION (NIKL)

As of May 19, 2015 at 03:30:00 PM GMT+8, NIKL ranged between PHP26.50 and PHP27.05.
NIKL closed at PHP26.50 with a Percentage Change of -1.67% or -0.45 points.
NIKL’s candlestick issued a SELL signal.

Current Price: PHP26.50
Support: PHP26.05
Resistance: PHP27.05

MACD, at 0.911000, shows that NIKL’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 27.90, shows that the upward movement of NIKL’s price is directionally strong. Bulls are in complete control.
DMI didn’t issue a buy or sell signal.
Intraday Low as of May 19, 2015: 26.50.

RSI, at 57.20, 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 80.25, shows that NIKL is overbought.
Stochastic didn’t issue a buy or sell signal.

Volatility Ratio, at 0.25, may be too low for a possible breakout at PHP27.05 on the next trading day.
Volatility Ratio didn’t issue a buy or sell signal.

QStick, at -0.012000, 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 bottom of the current price, which triggers a BUY signal.

NIKL 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 19, 2015 is 44.89% of the previous trading day.
Total Trade Amount on May 19, 2015: P29,459,060.00
Foreign Brokers’ Buy Value: PHP12,446,560.00 or 42.25%
Foreign Brokers’ Sell Value: PHP16,383,100.00 or 55.61%
Foreign Brokers’ Buy Average: 26.69
Foreign Brokers’ Sell Average: 26.65
As of May 19, 2015, 3 out of 11 active foreign brokers traded NIKL.
# of Net Buyers Among Foreign Brokers: 1 out of 3
CLSA bought the biggest number of shares among foreign brokers amounting to PHP12,257,005.00
ATR sold the biggest number of shares among foreign brokers amounting to PHP9,013,575.00
It’s a Net Foreign Buying from April 20, 2015 to May 19, 2015 amounting P286,070,626.00.

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

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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