SHLPH: Up by 7.41% but Net Foreign Selling for 30 Trading Days Straight

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Stock Analysis - JayceeDeGuzman.com

The investors of Pilipinas Shell Petroleum Corporation (SHLPH) ended the day with a smile on their face as SHLPH closed 14 March 2018 on a 7.41 percent day change.

The daily chart below shows that 54.55 is a strong support. This price was tested several times since last week. The major resistance sits near 60 while the major support remains near 54.55. SHLPH must maintain its position above the median pivot point near 56.85, preferably with volume, for it to sustain the probability of piercing through the resistance. The next resistance after 60 is at 62.60.

Pilipinas Shell Petroleum Corporation (SHLPH) - Daily Chart - 14 March 2018

Was SHLPH bullish all the way since the opening bell? Look at the 5-minute chart below. The volume that triggered the surge in price was registered around 11:45 AM. Then, the price moved sideways between 57.75 and 59.40.Pilipinas Shell Petroleum Corporation (SHLPH) - 5 Minute Chart - 14 March 2018

As of March 14, 2018, at 03:30PM, the volume is 2,667.34% of the previous trading day.¬†Today’s volume is the highest since 20 December 2017.

Pilipinas Shell Petroleum Corporation (SHLPH) -Volume - 14 March 2018

Did you know that the foreign investors have done nothing but to appear as net sellers on SHLPH every trading day since 31 January 2018? Okay, now you know.

On a 30-day trading period, SHLPH is on a Net Foreign Selling worth PHP413,142,124.00.

Pilipinas Shell Petroleum Corporation (SHLPH) - Foreign Fund Flow - 14 March 2018

When I checked the details of my Price-Volume Distribution chart, I saw that UBS made two cross-trades with a total of 200,000 shares while CLSA registered two cross-trades also amounting to 400,000 shares. These are the two biggest cross-traders of SHLPH today. Watch out for 58.70. It may act as the support level tomorrow.

Pilipinas Shell Petroleum Corporation (SHLPH) - Price-Volume Distribution - 14 March 2018

Participants with a 100% Buying and Selling Activity from Jan-17-2018 to Mar-14-2018 at 03:30PM:

  • 24 out of 98 participants or 24.49% of all participants registered a 100% BUYING activity
  • 6 out of 98 participants or 6.12% of all participants registered a 100% SELLING activity
  • Top 10 Players’ Buying Average: 59.3282
  • Top 10 Players’ Selling Average: 60.4719

Pilipinas Shell Petroleum Corporation (SHLPH) - Top 10 Players - 17 Jan - 4 March 2018

Participants with a 100% Buying and Selling Activity from Mar-01-2018 to Mar-14-2018 at 03:30PM:

  • 34 out of 81 participants or 41.98% of all participants registered a 100% BUYING activity
  • 2 out of 81 participants or 2.47% of all participants registered a 100% SELLING activity
  • Top 10 Players’ Buying Average: 56.8180
  • Top 10 Players’ Selling Average: 56.7848

Pilipinas Shell Petroleum Corporation (SHLPH) - Top 10 Players - 1-14 March 2018

Participants with a 100% Buying and Selling Activity from Mar-12-2018 to Mar-14-2018 at 03:30PM:

  • 37 out of 73 participants or 50.68% of all participants registered a 100% BUYING activity
  • 5 out of 73 participants or 6.85% of all participants registered a 100% SELLING activity
  • Top 10 Players’ Buying Average: 57.5133
  • Top 10 Players’ Selling Average: 56.7056

Pilipinas Shell Petroleum Corporation (SHLPH) - Top 10 Players - 12-14 March 2018

Participants with a 100% Buying and Selling Activity as of Mar-14-2018 at 03:30PM:

  • 32 out of 64 participants or 50.00% of all participants registered a 100% BUYING activity
  • 3 out of 64 participants or 4.69% of all participants registered a 100% SELLING activity
  • Top 10 Players’ Buying Average: 58.3715
  • Top 10 Players’ Selling Average: 58.2267

Pilipinas Shell Petroleum Corporation (SHLPH) - Top 10 Players - 14 March 2018

SHLPH remains to be a low-risk stock. As a friendly reminder, having the low-risk level does not mean it’s smart to buy the stock at any price. Just like how I consider my data when I analyze stocks and make an investment decision, I encourage you to do the same. It’s okay if we’re not using the same tools. I urge you to be data-driven in all your decisions.

Pilipinas Shell Petroleum Corporation (SHLPH) - Risk Level - 14 March 2018

I did not describe my Top 10 Players charts above because the statistics I’ve given to you for those four different charts set on four different timeframes are self-explanatory. Observe those brokers’ buying and selling averages. Observe the overall trading participants’ sentiment by checking on the percentage of brokers that registered a 100% buying and selling activities.

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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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