UNIVERSAL ROBINA CORPORATION (URC) – 4.29.2015 Technical Analysis

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UNIVERSAL ROBINA CORPORATION (URC)

As of April 29, 2015 at 03:30:00 PM GMT+8, URC ranged between PHP216.00 and PHP217.80.
URC closed at PHP217.60 with a Percentage Change of 0.55% or 1.20 points.
URC’s candlestick issued a BUY signal.

Current Price: PHP217.60
Support: PHP216.40
Resistance: PHP218.20

What Do the 5 Indicators and EMA Tell Us?

MACD, at -0.227000, shows that URC’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 13.97, shows that the downward movement of URC’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.
Current Intraday Low: 216.00.

RSI, at 48.05, shows that URC is trending between (neutral position) the confirmed bearish and bullish zones.
RSI didn’t issue a buy or sell signal.

Stochastic, at 27.76, shows that URC is neither oversold nor overbought.
Stochastic didn’t issue a buy or sell signal.

Volatility Ratio, at 0.236800, may be too low for a possible breakout at PHP218.20.
Volatility Ratio didn’t issue a buy or sell signal.

QStick, at -0.525000, shows that the selling momentum for the majority of the past 8 trading days is increasing.
QStick issued a BUY signal.

The PARSAR line appears at the top of the current price, which triggers a SELL signal.

URC 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.

Volume and Foreign Activity

Today’s volume is 100.94% of the previous trading day.
Total Trade Amount Today: PHP454,134,336.00
Foreign Brokers’ Buy Value: PHP204,160,278.00 or 44.96%
Foreign Brokers’ Sell Value: PHP369,697,486.00 or 81.41%
Foreign Brokers’ Buy Average: 216.97
Foreign Brokers’ Sell Average: 216.95
7 out of 11 active foreign brokers traded URC.
# of Net Buyers: 2 out of 7
DEUTSCHE bought the most number of shares amounting to PHP80,110,576.00
DEUTSCHE sold the most number of shares amounting to PHP130,162,594.00
Foreign investors have been net sellers for the past 3 trading day(s).

REMINDER: This isn’t my detailed analysis for┬áthis 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┬ánotes 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) during our future weekly meeting in the forum that is accessible by premium subscribers only.

Jaycee De Guzman

I am the founder and CEO of iPresence Digital Marketing, Inc. and Equilyst Analytics, Inc. At iPresence, we have been helping SMEs reach and dominate the global market through our digital marketing services since 2001. At Equilyst, we have been helping Filipinos experience a simplified and profitable stock trading and investing experience in the Philippine Stock Market since 2014.
Jaycee De Guzman

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